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Median House Value:

Richmond, KY real estate and demographic information

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Richmond zip codes40475, 40385, 40403

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POPULATION
27,091

Richmond, KY Information

RICHMOND INFORMATION DETAILS
POPULATION 27,091
NUMBER OF HOMES AND APARTMENTS 11,840
RICHMOND HOME OWNERSHIP
% OWNER OCCUPIED 31.83%
% RENTER OCCUPIED 59.24%
% VACANT 8.93%
TYPE OF RICHMOND HOMES
SINGLE FAMILY DETACHED 37.27%
ROWHOUSES AND ATTACHED HOMES 1.61%
SMALL APARTMENT BUILDINGS 23.69%
COMPLEXES OR HIGH RISE APARTMENTS 31.01%
MOBILE HOMES 6.41%
OTHER 0.01%
SIZE OF RICHMOND HOMES
NO BEDROOM 1.44%
1 BEDROOM 16.69%
2 BEDROOMS 43.16%
3 BEDROOMS 29.83%
4 BEDROOMS 7.47%
5 OR MORE BEDROOMS 1.41%
AGE OF HOMES
NEWER HOMES (1995 OR LATER) 20.85%
ESTABLISHED, BUT NOT OLD HOMES (1970-1994) 47.73%
WELL-ESTABLISHED, OLD HOMES (1940-1969) 23.49%
HISTORIC (1939 OR BEFORE) 7.93%


RICHMOND REAL ESTATE INFORMATION DETAILS
MEDIAN HOME VALUE $139,121
MEDIAN RENTAL PRICE $541
HOME VALUE RANGE
$0-$83,000 22.65%
$83,001-$167,000 43.04%
$167,001-$334,000 29.90%
$334,001-$501,000 3.74%
$501,001-$668,000 0.40%
$668,001-$835,000 0.27%
$835,001-$1,253,000 0.00%
$1,253,001-$1,671,000 0.00%
> $1,671,000 0.00%


PEOPLE OF Richmond DETAILS
POPULATION DISTRIBUTION
UNDER 5 YEARS 6.07%
5 TO 17 11.25%
18 TO 24 32.00%
25 TO 34 16.50%
35 TO 54 19.36%
55 TO 64 5.66%
65 YEARS AND OVER 9.15%
EDUCATIONAL ATTAINMENT OF ADULTS
HIGH SCHOOL GRADUATES 76.85%
COLLEGE GRADUATES 25.67%
MEDIAN HOUSEHOLD INCOME $25,533
PER CAPITA INCOME $15,815
INDIVIDUALS BELOW POVERTY LEVEL 24.98%
INDUSTRIES PEOPLE WORK IN Education (16.30%), Retail (16.15%), Manufacturing (14.49%), Accomodation (11.58%), Healthcare (9.14%), Construction (5.66%), Other (3.99%), Public Service (3.73%), Transportation (2.89%), Information Technology (2.71%), Finance (2.65%), Administration (2.15%), Professional, scientific, and technical services (2.14%)
ATTENDING COLLEGE 27.56%
RACIAL MAKEUP
WHITE 88.53%
BLACK OR AFRICAN AMERICAN 7.72%
AMERICAN INDIAN AND ALASKA NATIVE 0.37%
ASIAN 1.21%
NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDER 0.00%
SOME OTHER RACE ALONE 0.39%
TWO OR MORE RACES 1.78%
HISPANIC OR LATINO (OF ANY RACE) 1.33%
ETHNICITIES PRESENT Unclassified (33.07%), United States or American (18.06%), Other Groups (13.00%), English (9.13%), Irish (7.86%), German (7.79%)
FOREIGN BORN 2.10%
LANGUAGES SPOKEN English (89.79%) , Spanish (2.01%)
About Richmond

Richmond is a medium-sized city located in the state of Kentucky. With a population of 27,091 people and ten constituent neighborhoods, Richmond is the tenth largest community in Kentucky.

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Richmond is neither predominently one or the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Richmond is a city of sales and office workers, service providers, and professionals. There are especially a lot of people living in Richmond who work in office and administrative support jobs (16.82%), sales jobs (13.37%), and food service (9.26%).

Because Richmond has a very large number of students who are 18 years or older and in college, it is thought of as a college town. This has a major influence on local Richmond lifestyle, entertainment, and culture in general. Life in Richmond is very much tied to the academic calendar: when students return from the summer break in the fall, one will notice them out and about, buying groceries, out with friends, and generally getting re-acquainted with each other. In Richmond, people study hard and play hard, and there is ample opportunity to do both.

For the size of the city, public transportation in Richmond is quite heavily used. Mostly, people who use it for their daily commute are taking taxis. For Richmond, the benefits are reduced air pollution and congestion on the highways.

Richmond Information and Demographics

The overall education level of Richmond citizens is substantially higher than the typical US community, as 25.67% of adults in Richmond have at least a bachelor's degree, and the average American community has 14.96%.

The per capita income in Richmond in 2000 was $15,815, which is upper middle income relative to Kentucky, and lower middle income relative to the rest of the US. This equates to an annual income of $63,260 for a family of four.

The people who call Richmond home come from a variety of different races and ancestries. The most prevalent race in Richmond is White, followed by African-American. Important ancestries of people in Richmond include English, Irish, and German.

The most common language spoken in Richmond is English. Some people also speak Spanish.

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