Richmond
Richmond city, Kentucky
Alright, let me paint you a picture of Richmond, Kentucky. Nestled in the heart of the Bluegrass State, this charming city offers a refreshing alternative to the hustle and bustle of larger metropolitan areas. Imagine a place where the cost of living feels like a breath of fresh air; the median home value here is a mere $178,100, significantly lower than the national average. You'll find a welcoming community, a slower pace of life, and a strong sense of local pride. Richmond is a place where you can truly put down roots and feel like you belong, all while enjoying the simple pleasures of life.
From an investment perspective, Richmond presents a compelling opportunity. While the median household income of $45,457 is lower than the national average, the affordability of housing creates a favorable environment for potential appreciation. The city's population of 34,883 offers a close-knit community feel, and its reputation for safety and a friendly atmosphere make it an attractive option for families and those seeking a more relaxed lifestyle. Richmond's blend of affordability, community spirit, and potential for growth makes it an ideal location for first-time homebuyers, those seeking a peaceful retirement, or savvy investors looking for value.
Richmond, Kentucky at a Glance
Richmond is a city in Richmond city, Kentucky with a population of approximately 34,883. The median home value is $178,100 and the median household income is $45,457.. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average.. Median rent is $832 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$178,100
Median Income
$45,457
Population
34,883
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 34,883
- Median Age
- N/A
- Median Household Income
- $45,457
39% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 22.2%
79% above nat'l avg
- Median Home Value
- $178,100
37% below nat'l avg
- Median Rent
- $832
28% below nat'l avg
- Homeownership Rate
- 38.4%
42% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.5 per 1K
58% below nat'l avg
- Property Crime Rate
- 8.1 per 1K
57% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Total Schools
- 1
- Elementary
- 1
- Middle
- 0
- High School
- 0
- Avg. Enrollment
- 464
Nearby Schools
- Unemployment Rate
- 7.3%
97% above nat'l avg
- Poverty Rate
- 22.2%
79% above nat'l avg
Weather & Climate in Richmond
Avg High
67°F
Avg Low
49°F
Annual Rainfall
49.2"
Avg Humidity
71%
Political Landscape
→ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Richmond
Madison County Fair
Annual county fair featuring agricultural exhibits, rides, and entertainment.
Richmond's July 4th Celebration
Celebration with fireworks, music, and family activities.
EKU Homecoming
Eastern Kentucky University's annual homecoming weekend with a parade and football game.
Richmond Farmers Market
Weekly market offering local produce, crafts, and food vendors.
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