Housing and Income
The average household income in Richmond, KY is $73,955 and projected to be $82,089 in 2031. Per capita income is $31,880, projected to be $35,711 in 2031. 1.95% of households – 734 – have an income of $200,000 or higher. Average net worth is $493,520 and the average disposable income is $57,106.
There are 17,561 housing units in Richmond, KY; 6,330 are owner-occupied, 9,616 are rented, and 1,615 are vacant. The average home value is $281,026, with 2,942 homes built in 2010 or later, and 548 built in 1939 or earlier.
