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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
Top Industries in Richmond (18)
County-level employment data (BLS QCEW). Sorted by employment.
Manufacturing
4,911 jobs
119 firms
$71,318/yr
Retail Trade
4,827 jobs
338 firms
$37,391/yr
Health Care & Social Assistance
4,662 jobs
440 firms
$48,148/yr
Accommodation & Food Services
4,134 jobs
187 firms
$21,413/yr
Professional & Technical Services
2,348 jobs
495 firms
$102,428/yr
Construction
2,212 jobs
305 firms
$69,923/yr
Administrative & Waste Services
1,934 jobs
223 firms
$44,564/yr
Other Services
1,245 jobs
168 firms
$40,646/yr
Educational Services
874 jobs
60 firms
$56,474/yr
Wholesale Trade
607 jobs
103 firms
$70,246/yr
Finance & Insurance
527 jobs
182 firms
$61,453/yr
Real Estate
461 jobs
136 firms
$54,425/yr
Transportation & Warehousing
396 jobs
78 firms
$69,145/yr
Information & Technology
348 jobs
91 firms
$62,614/yr
Arts & Entertainment
179 jobs
30 firms
$18,646/yr
Management of Companies
74 jobs
12 firms
$102,043/yr
Utilities
59 jobs
8 firms
$109,910/yr
Unclassified
12 jobs
15 firms
$62,166/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Manufacturing
1.62
Retail Trade
1.31
Accommodation & Food Services
1.23
Educational Services
1.15
Construction
1.14
Other Services
1.12
Professional & Technical Services
0.91
Administrative & Waste Services
0.89
Health Care & Social Assistance
0.88
Real Estate
0.80
Information & Technology
0.50
Wholesale Trade
0.42
Utilities
0.42
Finance & Insurance
0.35
Arts & Entertainment
0.29
Transportation & Warehousing
0.25
Unclassified
0.23
Management of Companies
0.12
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Manufacturing | 4,911 | 119 | $1,371 | $71,318 | 1.62 |
| Retail Trade | 4,827 | 338 | $719 | $37,391 | 1.31 |
| Health Care & Social Assistance | 4,662 | 440 | $926 | $48,148 | 0.88 |
| Accommodation & Food Services | 4,134 | 187 | $412 | $21,413 | 1.23 |
| Professional & Technical Services | 2,348 | 495 | $1,970 | $102,428 | 0.91 |
| Construction | 2,212 | 305 | $1,345 | $69,923 | 1.14 |
| Administrative & Waste Services | 1,934 | 223 | $857 | $44,564 | 0.89 |
| Other Services | 1,245 | 168 | $782 | $40,646 | 1.12 |
| Educational Services | 874 | 60 | $1,086 | $56,474 | 1.15 |
| Wholesale Trade | 607 | 103 | $1,351 | $70,246 | 0.42 |
| Finance & Insurance | 527 | 182 | $1,182 | $61,453 | 0.35 |
| Real Estate | 461 | 136 | $1,047 | $54,425 | 0.80 |
| Transportation & Warehousing | 396 | 78 | $1,330 | $69,145 | 0.25 |
| Information & Technology | 348 | 91 | $1,204 | $62,614 | 0.50 |
| Arts & Entertainment | 179 | 30 | $359 | $18,646 | 0.29 |
| Management of Companies | 74 | 12 | $1,962 | $102,043 | 0.12 |
| Utilities | 59 | 8 | $2,114 | $109,910 | 0.42 |
| Unclassified | 12 | 15 | $1,195 | $62,166 | 0.23 |