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Richmond, KY

Population Demographics

As of 2025 the population of Richmond, KY is 36,072. The population is expected to grow to 38,050 by 2030 - a growth rate of 1.07%.

The median age of Richmond, KY residents is 31.

The diversity index of Richmond, KY is 40.2, meaning that there is a 40% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.

Housing and Income

The average household income in Richmond, KY is $80,642 and projected to be $86,524 in 2030. Per capita income is $35,030, projected to be $38,192 in 2030. 2.69% of households – 969 – have an income of $200,000 or higher. Average net worth is $559,960 and the average disposable income is $60,987.

There are 17,217 housing units in Richmond, KY; 6,474 are owner-occupied, 9,095 are rented, and 1,648 are vacant. The average home value is $279,925, with 2,609 homes built in 2010 or later, and 651 built in 1939 or earlier.

Business and Workforce

There are 1,705 businesses in Richmond, KY, employing 20,559 workers and pulling from a labor force of 17,848 age 16 and above. 5,243 workers commute into Richmond, KY from outside the county or state. Key industries for the area include:

12,428 residents both live and work in/around Richmond, KY. The average travel time is 0.0 minutes. 3.45% people have a commute of less than 5 minutes while 2.55% commute 90 minutes or more each way. Of commuters, 13,637 drive alone, 1,844 carpool, and 38 take public transportation. 1,170 use other modes of transport such as motorcycle, bicycle, walking, etc. 1,134 residents work from home.

6,448 members of the workforce hold a high school diploma or GED. 2,183 have associates degrees, 4,908 have bachelor’s degrees, and 3,449 hold a graduate or professional degree.

Source: ESRI, 2025-11-10

Select Richmond as Your Home

Richmond provides a balanced lifestyle with history, amenities, and opportunity. Select Richmond to settle in a community that supports education, recreation, and long-term stability.