| ZIP Code | 40475 |
|---|---|
| City | Richmond |
| State | Kentucky (KY) |
| County | Madison County |
| Area Code | 859 |
| Elevation | 942 ft |
| Latitude | 37.76237 |
|---|---|
| Longitude | -84.304577 |
| Timezone | New York (DST) |
| FIPS | 21151 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.8 yrs |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 14.5% ▲ 45% above avg |
| College Grads | 48.2% ▲ 24% above avg |
| Unemployment | 6.1% ▲ 25% above avg |
| No HS Diploma | 234 (0.6%) |
| HS Graduate | 9,026 (24%) |
| Some College | 4,905 (13.1%) |
| Associates | 5,297 (14.1%) |
| Bachelors | 3,883 (10.3%) |
| Graduate Degree | 14,229 (37.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,731 ▼ 18% below avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $232,700 ▼ 17% below avg ↑ 37% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $863/mo ↑ 22% since 2019 |
| Total Units | 28,118 |
| Vacant Units | 2,072 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 28,118 |
|---|---|
| Vacant | 2,072 |
| Owner Occupied | 59.1% |
| Renter Occupied | 40.9% |
| Avg HH Size | 2.33 |
ZIP code 40475 is located in Richmond, Kentucky, within Madison County. With a population of 65,030, this is a densely populated ZIP code with a relatively young community — the median age is 33.8 years. Economically, 40475 is a solidly middle-class ZIP code: the median household income of $62,731 is below the national average.
Real estate in ZIP code 40475 represents an affordable housing market. The median home value of $232,700 is below the national average. Renters can expect to pay around $863 per month in median rent. The area has a relatively balanced mix of owners (59.1%) and renters (40.9%). Median home values have increased by 37% since 2019.
The population of 40475 is primarily White (86.89%). Residents are well-educated — 48.2% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 14.5%. Household income has grown by 25% since 2019.
The unemployment rate in 40475 stands at 6.1%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 40475 in Richmond, KY is characterized as solidly middle-class, well-educated, and a relatively young community. With 65,030 residents, a median household income of $62,731, and a median home value of $232,700, it offers a clear picture of life in this part of Kentucky.