Richmond

Richmond, Kentucky Overview

Richmond scores 45.3/100 overall (D), ranking #9 of 20 cities in Kentucky — above the state composite of 38.4. Affordability is the city’s relative strength at 84/100, while Outdoor Access lags at 10/100.

Income & Employment in Richmond

Richmond’s median income of $48,223 is 20% below the state median, but positive population growth of 2.8% signals that affordability or other factors are still attracting residents. The local unemployment rate is 5%.

Safety in Richmond

Richmond reports 236.1 violent crimes per 100,000, roughly in line with the statewide rate of 218 per 100,000. The property crime rate is 2510.1 per 100,000.

Cost of Living in Richmond

Richmond has a cost of living index of 91 (where 100 equals the national average), slightly below the national benchmark. The median home value is $205,900. Median monthly rent is $860. Renters spend 21.4% of income on rent, well within the 30% affordability guideline.

Education & Schools in Richmond

Richmond’s high school graduation rate of 93% is well above average, reflecting strong local school performance. The student-teacher ratio is 16.6:1. Per-pupil spending is $12,260. The city has 11 public schools serving 7,117 students. School data is sourced from the NCES Common Core of Data and EDFacts.

Climate in Richmond

Richmond enjoys a moderate climate with an annual average of 55.5°F. Summers average 73.2°F. Winters average 39.1°F. Annual precipitation is 38.9 inches.

Frequently Asked Questions