Richmond, KY

Full City Profile · Kentucky · Madison County County

2.9 /5.0
C+ Fair
35,498 Population 1,616/sq mi density
$48,223 Median Income $28,500 per capita
$205,900 Home Value $301,436 Zillow
$860 Median Rent 28.1% income on rent
56°F Avg Temperature
221 Violent Crime/100K 1,980 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$48,223 median income, 6.7% unemployment
A
Affordability
4.3 / 5.0
$205,900 home value, $860/mo rent
F
Safety
1.0 / 5.0
221 violent crimes/100K
B+
Education
3.7 / 5.0
34.3% bachelor's degree or higher

Richmond, KY

At a Glance

Median Income
$48,223
36% below
$28,500 per capita
Home Value
$205,900
27% below
Zillow: $301,436
Median Rent
$860/mo
26% below
28.1% of income on rent
Violent Crime
221/100K
42% below
1,980/100K property
Bachelor's Degree+
34.3%
2% above
90.6% high school+
Unemployment
6.7%
86% above
18.8% poverty rate
Obesity Rate
31.0%
3% below
20.7% smoking rate
Avg Temperature
56°F

How Richmond Compares to the U.S. Average

Each bar shows Richmond's value as a percentage of the national average (100% = U.S. avg)

Income
64%
Home Value
73%
Rent
74%
Poverty
152%
Bachelor's
102%
Unemployment
186%
Crime
58%
Thin vertical line = U.S. national average (100%)

Is Richmond a Good Place to Live?

C+
2.9 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Richmond residents earn a median household income of $48,223 , which is 36% below the national average of $75,149. Per capita income is $28,500. The unemployment rate stands at 6.7% (86% above the U.S. rate of 3.6%). 18.8% of residents live below the poverty line. The area is home to 3,101 business establishments, including 150 restaurants.

Housing & Cost of Living

The median home value in Richmond is $205,900 , 27% below the national median of $281,900. Zillow estimates the typical home at $301,436. Median rent is $860/month, with 28.1% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1994.

Safety & Crime

Richmond reports 221 violent crimes per 100,000 residents , which is 42% below the national average of 380/100K. Property crime is 1,980/100K. The murder rate is 5.3/100K.

Education

34.3% of adults in Richmond hold a bachelor's degree or higher (2% above the national average). 90.6% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Richmond has an average annual temperature of 56°F (13°C). Winters average 34°F in January while summers reach 77°F in July. Annual precipitation totals 48.1 inches.

Data Overview

People

Population35,498
Median Age28.1 yrs
Density1,616/mi²
Male / Female49% / 51%
Foreign Born4.1%
Veterans7.4%

Economy

C+
Median Income$48,223
Per Capita$28,500
Unemployment6.7%
Poverty18.8%
County GDP$4,436M
Avg Weekly Wage$1,035

Housing

A
Home Value$205,900
Rent$860
Ownership40.1%
Zillow$301,436
Housing Units15,792
Rent Burden28.1%

Crime

F
Violent221/100K
Property1,980/100K
Murder5.3/100K
Assault105/100K
Burglary328/100K

Health

Obesity31.0%
Diabetes10.6%
Smoking20.7%
Heart Disease6.7%
Premature Death11,055/100K

Climate

Avg Temp56°F
Rain48.1 in/yr
Elevation981 ft

Education

B+
Bachelor's+34.3%
High School+90.6%
Graduate+12.8%
School Score5.7/10

Community

2024 VoteR 65% / D 34%
Commute24 min
Broadband87.1%
Internet Speed152 Mbps
EV Stations14
Libraries2

Did You Know?

Richmond was founded in 1798.
The median home in Richmond was built in 1994.
The nearest airport is Lake Cumberland Regional (50 miles).
The Gini coefficient (income inequality) is 0.448 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.6% of the population has a disability.
Average internet download speed is 152 Mbps.
There are 150 restaurants in the area.
The county recorded 11 fatal vehicle crashes.