Richmond is a city located in Madison County, Kentucky. Richmond has a 2025 population of 40,652 . It is also the county seat of Madison County . Richmond is currently growing at a rate of 2.71% annually and its population has increased by 15.18% since the most recent census, which recorded a population of 35,295 in 2020.
The average household income in Richmond is $66,866 with a poverty rate of 21.62%. The median age in Richmond is 28.1 years: 27.2 years for males, and 29.3 years for females. For every 100 females there are 94.4 males.
Data after 2023 is projected based on recent change
The racial composition of Richmond includes 85.11% White, 5.13% Black or African American, and smaller percentages for Asian, other race, Native Hawaiian or Pacific Islander, Native American and multiracial populations.
White (85.11%)
Two or more races (6.56%)
Black or African American (5.13%)
Asian (1.24%)
Other race (1.18%)
Native Hawaiian or Pacific Islander (0.62%)
Native American (0.17%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 30,212 | 85.11% |
| Two or more races | 2,327 | 6.56% |
| Black or African American | 1,820 | 5.13% |
| Asian | 439 | 1.24% |
| Other race | 419 | 1.18% |
| Native Hawaiian or Pacific Islander | 220 | 0.62% |
| Native American | 61 | 0.17% |
Married
Widowed
Divorced
Separated
Never Married
Richmond's average per capita income is $40,092. Household income levels show a median of $48,223. The poverty rate stands at 21.62%.
Name | Median | Mean |
|---|---|---|
| Married Families | $94,206 | - |
| Families | $69,256 | $83,845 |
| Households | $48,223 | $66,866 |
| Non Families | $36,728 | $47,245 |
Average Income
Median Household Income
Poverty Rate