Richmond

Population: 35,498
Median household income: $48,223
Median home value: $205,900

Richmond, a community in Madison County, Kentucky, has 35,498 residents. At $48,223, its median household income sits below Madison County's $62,407.

Between 2019 and 2023, Richmond's population grew 1.0% from 35,133 to 35,498, while its median home value rose 34.9% from $152,600 to $205,900.

The median gross rent is $860. 34.3% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 35,498
Median age: 28.1 yrs
Median household income: $48,223
Median home value: $205,900
Median gross rent: $860
Housing units: 16,184
Homeownership rate: 40.1%
Bachelor's degree or higher: 34.3%
Unemployment rate: 6.7%

Trends

ACS 5-year · 2019–2023

Population

35,13335,498

Median household income

$36,302$48,223

Median home value

$152,600$205,900

Median gross rent

$687$860

Year	Population	Median household income	Median home value	Median gross rent
2019	35,133	$36,302	$152,600	$687
2020	35,744	$39,329	$148,900	$713
2021	34,662	$40,221	$157,200	$759
2022	34,883	$45,457	$178,100	$832
2023	35,498	$48,223	$205,900	$860

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.6%

5 to 1712.2%

18 to 2425.5%

25 to 3416.9%

35 to 4412.3%

45 to 548.7%

55 to 648.0%

65 to 746.1%

75 and over4.7%

	Count	Share
Under 5	1,983	5.6%
5 to 17	4,339	12.2%
18 to 24	9,063	25.5%
25 to 34	5,994	16.9%
35 to 44	4,366	12.3%
45 to 54	3,094	8.7%
55 to 64	2,832	8.0%
65 to 74	2,153	6.1%
75 and over	1,674	4.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	29,788	83.9%
Black or African American	1,820	5.1%
American Indian & Alaska Native	61	0.2%
Asian	439	1.2%
Native Hawaiian & Pacific Islander	220	0.6%
Some other race	79	0.2%
Two or more races	1,557	4.4%
Hispanic or Latino (any race)	1,534	4.3%

Educational attainment (age 25+)

No high school diploma9.4%

High school graduate28.3%

Some college or associate's28.0%

Bachelor's degree20.4%

Graduate or professional degree13.9%

	Count	Share
No high school diploma	1,887	9.4%
High school graduate	5,693	28.3%
Some college or associate's	5,625	28.0%
Bachelor's degree	4,109	20.4%
Graduate or professional degree	2,799	13.9%

Commute to work

Mean travel time to work: 24 min

Drove alone77.2%

Carpooled9.5%

Public transit0.2%

Walked4.7%

Bicycle0.6%

Worked from home6.5%

Other means1.4%

How workers get to work

	Count	Share
Drove alone	13,862	77.2%
Carpooled	1,698	9.5%
Public transit	32	0.2%
Walked	836	4.7%
Bicycle	102	0.6%
Worked from home	1,166	6.5%
Other means	256	1.4%

Travel time

	Count	Share
Under 15 min	6,597	39.3%
15 to 29 min	4,240	25.3%
30 to 44 min	3,031	18.1%
45 to 59 min	1,652	9.8%
60+ min	1,266	7.5%

Households

Average household size: 2.14
Poverty rate: 21.6% (6,821 of 31,553)

	Count	Share
Family households	7,052	47.8%
Nonfamily households	7,689	52.2%

Housing

Median year structure built: 1995

Occupancy

	Count	Share
Occupied	14,741	91.1%
Vacant	1,443	8.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	5,918	40.1%
Renter-occupied	8,823	59.9%

1-unit, detached41.6%

1-unit, attached3.8%

2 to 4 units21.4%

5 to 19 units24.9%

20 or more units4.6%

Mobile home & other3.7%

Units in structure

	Count	Share
1-unit, detached	6,735	41.6%
1-unit, attached	610	3.8%
2 to 4 units	3,469	21.4%
5 to 19 units	4,031	24.9%
20 or more units	741	4.6%
Mobile home & other	598	3.7%

Geography

Place GEOID: 2165226
Type (LSAD): 25
Land area: 22 sq mi
Water area: 0.25 sq mi
Center point: 37.7291, -84.2994

Compare with nearby cities

Richmond vs Berea

Other places in Madison County

Berea