Richmond, KY Profile: Facts & Data

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Richmond, Kentucky - Basic Facts

The City of Richmond is the 7th largest city in Kentucky with a population of 35,814 as of July 1, 2018. Richmond ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below.

The primary coordinate point for Richmond is located at latitude 37.7226 and longitude -84.2909 in Madison County. The formal boundaries for the City of Richmond (see map below) encompass a land area of 22.83 sq. miles and a water area of 0.29 sq. miles. Madison County is in the Eastern time zone (GMT -5). The elevation is 948 feet.

The City of Richmond (GNIS ID: 2404614) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Richmond is located within Richmond Division of Madison County.


Jump to... (On This Page!)
  1. Richmond 2018 Demographic Data
  2. Growth Rates for Richmond (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Kentucky Research Tools (Easy Tools & Current Data)
  3. Kentucky Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Richmond, KY Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 35,814
Population in Households 31,029
Population in Familes 20,677
Population in Group Qrtrs 4,785
Population Density2 1,568
Diversity Index3 30
 

INCOME

Median Household Income $34,514
Average Household Income $51,991
Per Capita Income $21,399

HOUSING

Total Housing Units 15,409 (100%)
Owner Occupied HU 6,196 (40.2%)
Renter Occupied HU 7,896 (51.2%)
Vacant Housing Units 1,317 ( 8.5%)
Median Home Value $152,301
Average Home Value $180,539
 

HOUSEHOLDS

Total Households 14,092
Average Household Size 2.2
Family Households 7,111
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2018 2018-2023
Population 1.62% 1.35%
Households 1.53% 1.46%
Families 1.65% 1.34%
Median Household Income   1.81%
Per Capita Income   2.03%

Richmond, KY - Peer Comparisons by Rank and Percentile

The table below compares Richmond to the other 540 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2018 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 7 99th
Population Density # 150 72nd
Diversity Index # 102 81st
Median Household Income # 395 27th
Per Capita Income # 331 39th

Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.

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