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A+ Richmond Amenities Lots of amenities close to this location
B Richmond Cost of Living Cost of living is 1% higher than Kentucky
9010% less expensive than the US average
8911% less expensive than the US average
United States
100National cost of living index
Richmond cost of living
C- Richmond Crime Total crime is 59% higher than Kentucky
Total crime
3,74836% higher than the US average
Chance of being a victim
1 in 2736% higher than the US average
Year-over-year crime
3%Year over year crime is up
Richmond crime
F Richmond Employment Household income is 28% lower than Kentucky
Median household income
$32,43641% lower than the US average
Income per capita
$19,03836% lower than the US average
Unemployment rate
6%18% higher than the US average
Richmond employment
F Richmond Housing Home value is 10% higher than Kentucky
Median home value
$138,70025% lower than the US average
Median rent price
$63134% lower than the US average
Home ownership
37%42% lower than the US average
Richmond real estate or Richmond rentals
C+ Richmond Schools HS graduation rate is 4% higher than Kentucky
High school grad. rates
81%3% lower than the US average
School test scores
55%12% higher than the US average
Student teacher ratio
15:18% lower than the US average
Richmond K-12 schools or Richmond colleges

Living in Richmond, KY

Richmond is a moderately-sized city located in the state of Kentucky. The city has a population of 33,583 inhabitants. If we look at the most recent Census, Richmond is known to have a predominantly White population. The next two most common races are Black and Asian. Richmond tends to attract a younger crowd, as the median age of 26 is far below the national average.

Without the right tools, relocating to any new city can be very stressful and challenging. Living in Richmond, Kentucky could be a good experience for anyone who puts in the effort to do the research required. To help you find the best places to live in and around Richmond, AreaVibes has created a livability score using key metrics like crime, cost of living, weather, education, housing and more.

With a livability score of 72/100, Richmond is ranked #8,740 in the United States and #211 in Kentucky. If we take a closer look at each of the categories individually, we see that Richmond ranks well for amenities (A+) and cost of living (B). Unfortunately for Richmond, there are some categories for which it does not score well, this includes: employment (F) and housing (F).

Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Richmond, there is no shortage of amazing local amenities and interesting things to do. Here are some of the more popular things to do in Richmond: Fort Boonesborough State Park, White Hall State Historic Site, and Battle of Richmond Visitors Center.

Assuming that Richmond meets all of your requirements, the next most important item to examine is the affordability of real estate in Richmond. Everything else becomes a lot less important if it turns out that home prices in Richmond are simply unattainable. Median real estate prices in Richmond come in at $138,700, which is 10% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Richmond, the home price to income ratio is 4.3, which is 53.6% higher than the Kentucky average. Real estate appreciation rates in Richmond are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Richmond homes comes in at 5.8%, and the 5 year appreciation rates were 3.7%.

Check Your Commute Time

Monthly costs include: fuel, maintenance, tires, insurance, license fees, taxes, depreciation, and financing.
See more Richmond, KY transportation information

Compare Richmond, KY Livability To Other Cities

Best Cities Near Richmond, KY

PlaceLivability scoreScoreMilesPopulationPop.
Versailles, KY79339,091
McKinney, KY7731.4212
Georgetown, KY773731,708
Midway, KY7636.61,681
PlaceLivability scoreScoreMilesPopulationPop.
Lawrenceburg, KY7639.811,081
Danville, KY7527.116,645
Lexington-Fayette, KY7524.8311,529
Liberty, KY7344.61,861
See all Kentucky cities

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Having a Great Time In Richmond, KY

Richmond KY is one of the best places to live if you have kids and want to engage in lots of fun-friendly activities. The city also has lots of historic sites, so there are plenty of options when friends and family come visit.

If you love being outdoors, Baldwin Farms is a wonderful attraction. Fresh produce is offered each season and your kids will love activities like going to the pumpkin patch or picking apples. The White Hall State Historic is a fun and educational destination that showcases the rich history of the city. The site was once the home of Cassius Marcellus Clay, a 19th century abolitionist and politician. The tour is very informative can make your time in Richmond even more memorable.

When you want to see a play or live show, check out the schedule for EKU Center for the Arts. A number of plays that have debuted on Broadway have also been featured there, so you're sure to find something you'll love.
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Reason for reporting
Source: The Richmond, KY data and statistics displayed above are derived from the 2016 United States Census Bureau American Community Survey (ACS).
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