Kentucky / Madison County

Moving to Richmond, KY

Thinking of making a move to Richmond, KY? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Richmond, KY

Considering a move to Richmond, KY? This welcoming community of 35,260 residents offers a blend of suburban charm and convenience, with median home prices around $235,000 and average rents near $1,050. Commute times average 21 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (55% annually), ideal for families and commuters alike. Explore Richmond's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Richmond, KY

Richmond has a population of 35,260 residents, offering a diverse community with a median age of nearly 29 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 79% White, 13% Black, and 3% Asian residents, and over 8% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
35,260
Density
2,000 per sq mi
Median Age
29.4
Gender Ratio
92 males per 100 females
Non-English Speakers Percentage
7.8%

Ethnic Composition

White
79.0%
Black
12.5%
Asian
3.1%
Others
5.4%

Cost Of Living

What is the average cost of living in Richmond, KY?

The cost of living in Richmond is higher than the national average, with a cost of living index of 86.5. Median home values are around $235,000 and average rents for a two-bedroom apartment are approximately $1,050. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$235,000
Gross Rent
$1,050
Monthly Electricity Charges
$145
Auto Insurance
$1,620
House Owner Cost With Mortgage
$1,420
House Owner Cost Without Mortgage
$520
State Taxes
Low: 5.0%| High: 5.0%
Cost Of Living Index
86.5
Grocery
94.0
Housing
72.0
Utilities
98.5
Transportation
89.4
Health Care
92.1
Miscellaneous
90.3

Crime

Is Richmond, KY a safe place to live?

Richmond is considered a safe community, with a low violent crime rate of 310 incidents per 100,000 residents and a property crime chance of 1 in 49. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Kentucky.

Violent Crimes Per 100k
310
Property Crimes Per 100k
2,060
Crime Index
2,370
Chance Of Violent Crime
1 in 323
Chance Of Property Crime
1 in 49

Weather

What is the weather like in Richmond, KY year-round?

Richmond experiences four distinct seasons, with warm summers reaching highs of 88°F and cold winters dipping to 27°F. The area receives about 47 inches of rainfall annually and enjoys sunshine on 55% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
27°F
Max
44°F

Summer

Min
67°F
Max
88°F

Spring

Min
46°F
Max
68°F

Fall

Min
47°F
Max
69°F
Average Rainfall Inches
46.5 inches
Sunny Days Percentage
55%

Neighbors

The neighborhood boasts a healthy median household income of $55,800 and a low poverty rate of 25.4%. Over 89% of residents have at least a high school diploma, and nearly 28% hold a bachelor's degree or higher. Commute times average 21 minutes, and almost 3% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$33,500
Household Income
$55,800
Family Income
$75,200
Per Capita Income
$24,800
Income Male
$42,300
Income Female
$34,900
Poverty Rate
25.4%
Non English Speakers
10.6%
Rent
$1,050
Unemployment Rate
4.8%
Public Transport Usage
2.6%
Commute Time
20.8 minutes

Education

High School or Higher
89.4%
Bachelors or More
27.6%

Education

How are the schools in Richmond, KY?

Richmond offers quality education options, with public schools like Clark-Moores Middle School and Richmond Centre for the Arts known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Eastern Kentucky University and Bluegrass Community and Technical College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Clark-Moores Middle School
Street
202 Forrest Hill Dr
Phone
859-624-4580
Students
820
Student Teacher Ratio
15.1
Name
Richmond Centre for the Arts
Street
851 Richmond Centre Blvd
Phone
859-625-1005
Students
540
Student Teacher Ratio
14.6

Private Schools

Name
Reidland Christian Academy
Street
1500 Bob-O-Link Dr
Phone
859-623-1085
Students
220

Colleges

Name
Eastern Kentucky University
City
Richmond
State
KY
Distance
0 miles
Students
14,000
Name
Bluegrass Community and Technical College
City
Lexington
State
KY
Distance
26 miles
Students
14,500

Healthcare

Richmond residents have access to quality healthcare, with major hospitals like Baptist Health Richmond and Saint Joseph Hospital - Richmond nearby. The community benefits from a high physician-to-resident ratio of 2.1 per 1,000 people and 90.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Baptist Health Richmond
Address
801 Eastern Bypass, Richmond, KY 40475
Phone
(859) 623-3131
Type
General & Surgical
Emergency Services
Yes
Name
Saint Joseph Hospital - Richmond
Address
801 Eastern Bypass, Richmond, KY 40475
Phone
(859) 623-3131
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.1
Health Insurance Coverage
90.4%
Health Care Index
71.2

Housing Market

What is the housing market like in Richmond, KY?

The local housing market is strong, with a median home price of $235,000 and an owner-occupied rate of nearly 56%. The market has seen a 4.3% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Richmond offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$235,000
Average Rent For 2 Bedroom
$1,050
Owner Occupied Rate
55.8%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
4.3%
New Construction Rate
2.4%
Foreclosure Rate
0.6%

DMV Information

Residents of Richmond handle vehicle services through the Kentucky Transportation Cabinet - Division of Driver Licensing, conveniently located in Frankfort. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Kentucky
Department
Kentucky Transportation Cabinet - Division of Driver Licensing
Address
200 Mero Street, Frankfort, KY 40622
Phone
1-502-564-1257

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Richmond, KY

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Richmond, review the core fields on this page: population 35,260, median home value $235,000, average rent for 2 bedroom $1,050, commute time 20.8 minutes, and sunny days percentage 55%.

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