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
Change Over Time (2013, 2023)
Population Change
+17.6%
32,755 → 38,510
over 10 years
Annual Pop. Growth
+1.63%
Compound annual growth rate
Median Income Change
+53.9%
$31,326 → $48,223
nominal, not inflation-adjusted
Annual Income Growth
+4.41%
Compound annual growth rate
Population Over Time
Total population for Richmond across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
43,125
+4,615 from 2023 (38,510)
Projected Median Income 2030
$65,230
+$17,007 from 2023 ($48,223)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 32,755 | - | $31,326 | - |
| 2015 | 33,920 | +3.6% | $30,621 | -2.3% |
| 2017 | 35,354 | +4.2% | $34,754 | +13.5% |
| 2019 | 36,191 | +2.4% | $36,302 | +4.5% |
| 2021 | 35,756 | -1.2% | $40,221 | +10.8% |
| 2023 | 38,510 | +7.7% | $48,223 | +19.9% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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