Today, Richmond is a rapidly growing city with an estimated population of 5,200 residents and is linked by the I-94 Expressway, M-19, and the Gratiot Avenue corridor to the Detroit / Flint / Port Huron metropolitan areas. The city has seven subdivisions under development, which will add another 2,250 residents to the city within the next few years. Commercial and industrial development are also in the works. Still, Richmond maintains the cherished serenity of small-town living.