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Richmond, KY 40475 has a population of approximately 60,296 and experiences a population change rate of 25.88%. The population density is 220.8 / sq mi .
The median household income for Richmond, KY 40475 is $55,762, with 25,087 households and an average household size of 2.36.
The median value of a home in Richmond, KY 40475 is $231,300 with an appreciation rate of 15.50%. 53.10% of housing in the state is owned while 38.68% is rented.
The cost of living in Richmond, KY 40475 is 90.1 %.
The unemployment rate in Richmond, KY 40475 is 2.90%, and recent job growth is at 2.20%. Future job growth is projected at 39.75%.
The sales tax rate in Richmond, KY 40475 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Richmond, KY 40475 are $10,810, and the school ratio is 15.3:1.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 46.3 inches per year, with 7.5 inches of snow per year.
