Richmond, Kentucky is a mid-sized city with a population of 37,087 people. According to the most recent Census, 88% of Richmond residents are White, 6% Black and 2% Asian. Richmond tends to attract a younger crowd, as the median age of 26 is far below the national average. In Richmond, only 36% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Not a fan of sitting in traffic during your commute to work? Richmond offers shorter work commutes, with an average one-way commute time taking only 20 minutes, far lower than the national average of 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Richmond could be a positive experience compared to other cities in Kentucky if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Richmond and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, commute, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Kentucky and national averages.
Richmond has a livability score of 68 out of 100 and is ranked #173 in Kentucky and #8,442 in the USA. There are nine total categories that generate the livability score. Richmond ranks well for crime (B), cost of living (A+) and housing (A-) On a more negative note, Richmond does not have favorable ranks for the following: amenities (F) and employment (F). If we take a look at the data, we can find out why.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Richmond apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Richmond. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Richmond are affordable. The median home price for Richmond homes is $271,736, which is 20.7% higher than the Kentucky average. If we take a closer look at the affordability of homes in Richmond, we’ll see that the home price to income ratio is 4.6, which is 35.3% higher than the Kentucky average.
| Statistic | Richmond | Kentucky | National |
| Average one way commute | 20min | 23min | 26min |
| Workers who drive to work | 78.9% | 82.2% | 76.4% |
| Workers who carpool | 9.7% | 9.7% | 9.3% |
| Workers who take public transit | 0.3% | 1.1% | 5.1% |
| Workers who bicycle | 0.2% | 0.2% | 0.6% |
| Workers who walk | 5.4% | 2.4% | 2.8% |
| Working from home | 4.1% | 3.3% | 4.6% |
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