As of 2026 the population of Richmond, KY is 37,692. The population is expected to grow to 39,706 by 2031 - a growth rate of 1.05%.
The median age of Richmond, KY residents is 31.
The diversity index of Richmond, KY is 41.1, meaning that there is a 41% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
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.
13,218 residents both live and work in/around Richmond, KY. The average travel time is 23.0 minutes. 4.8% people have a commute of less than 5 minutes while 2.18% commute 90 minutes or more each way. Of commuters, 14,607 drive alone, 1,779 carpool, and 2 take public transportation. 1,164 use other modes of transport such as motorcycle, bicycle, walking, etc. 1,600 residents work from home.
6,544 members of the workforce hold a high school diploma or GED. 2,161 have associates degrees, 4,933 have bachelor’s degrees, and 3,680 hold a graduate or professional degree.
Source: ESRI, 2026-09-09
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.
