All Countries
Richmond, KY
Full City Profile · Kentucky · Madison County County
3.0
/5.0
B
Good
35,498
Population
1,616/sq mi density
$48,223
Median Income
$28,500 per capita
$205,900
Home Value
$292,293 Zillow
$860
Median Rent
28.1% income on rent
56°F
Avg Temperature
318 sunny days/yr
206
Violent Crime/100K
2,205 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$48,223 median income, 4.5% unemployment
A
Affordability
4.3 / 5.0
$205,900 home value, $860/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
B+
Education
3.7 / 5.0
34.3% bachelor's degree or higher
Income Overview
Median Household Income
$48,223
36% below
US avg: $75,149
Per Capita Income
$28,500
27% below
US avg: $39,052
Unemployment Rate
4.5%
25% above
US avg: 3.6%
Poverty Rate
18.8%
52% above
US avg: 12.4%
Income Comparison: Richmond vs. U.S. Average
Each bar shows Richmond’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$48,223
64%
Per Capita
US: $39,052
$28,500
73%
IRS Avg AGI
US: $72,000
$65,154
90%
Avg Weekly Wage
US: $1,432
$1,035
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,035
28% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
6.5%
57% below US avg (15.2%)
Drive Alone
77.2%
5% above US avg (73.2%)
Public Transit
0.2%
96% below US avg (5.0%)
County GDP
$4,436M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.2%
Public Transit
0.2%
Work From Home
6.5%
Other
16.1%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,101
Restaurants
150
Healthcare
283
Retail
302
Manufacturing
65
Tax & Financial
IRS Avg Adjusted Gross Income
$65,154
10% below US avg ($72,000)
Avg Property Tax
$3,213
8% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $48,223 |
| Per Capita Income | $28,500 |
| IRS Avg Adjusted Gross Income | $65,154 |
| Avg Weekly Wage | $1,035 |
| County GDP | $4,436M |
Hardship Indicators
| Unemployment Rate | 4.5% |
| Poverty Rate | 18.8% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 90.2 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 77.2% |
| Public Transit | 0.2% |
| Work From Home | 6.5% |
Businesses
| Total Establishments | 3,101 |
| Restaurants | 150 |
| Healthcare | 283 |
| Retail | 302 |
| Manufacturing | 65 |
Tax
| IRS Avg AGI | $65,154 |
| Avg Property Tax | $3,213 |