Richmond is a city located in Madison County, Kentucky. Richmond has a 2026 population of 41,724. It is also the county seat of Madison County. Richmond is currently growing at a rate of 2.64% annually and its population has increased by 18.22% since the most recent census, which recorded a population of 35,295 in 2020.
The median household income in Richmond is $50,870 with a poverty rate of 19.54%. The median age in Richmond is 28.4 years: 27.8 years for males, and 29.3 years for females. For every 100 females there are 94.3 males.
Data after 2023 is projected based on recent change
Overall: 28.4 years
Female: 29.3 years
Male: 27.8 years
There are 30,417 adults, (3,984 of whom are seniors) in Richmond.
Female: 19,104 (51.5%)
Male: 18,007 (48.5%)
The racial composition of Richmond includes 84.81% White, 5.84% Black or African American, and smaller percentages for Asian, other race, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 31,474 | 84.81% |
| Two or more races | 2,543 | 6.85% |
| Black or African American | 2,166 | 5.84% |
| Asian | 511 | 1.38% |
| Other race | 384 | 1.03% |
| Native American | 33 | 0.09% |
Richmond 's average per capita income is $41,731. Household income levels show a median of $50,870. The poverty rate stands at 19.54%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $96,290 | - |
| Families | $71,692 | $87,088 |
| Households | $50,870 | $68,849 |
| Non Families | $38,849 | $50,324 |
Average Income
Median Household Income
Poverty Rate