Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.8 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $232,700 ▼ 17% below avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $863/mo |
| Total Housing Units | 28,118 |
| Vacant Units | 2,072 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Richmond is a city in Kentucky, located in Madison County. The city spans 2 ZIP codes and is home to approximately 65,030 residents. It is a relatively young city, with a median age of 33.8 years.
Economically, Richmond is a solidly middle-class community. The median household income of $62,731 is below the national average. Approximately 14.5% of residents live below the poverty line. The unemployment rate is 6.1%, above the national average.
The real estate market in Richmond is an affordable housing market. Median home values stand at $232,700, which is below the national average. Renters typically pay around $863 per month.
The population of Richmond is well-educated. 48.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (86.89%).
Richmond, KY offers residents a cost-conscious lifestyle within Kentucky. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 40475 | 65,030 | $62,731 | $232,700 | $863 | 6.1% | 48.2% | 59.1% |