Richmond Kentucky Real Estate
Richmond, Kentucky, is located in Madison County, 23 miles SE of Lexington, Kentucky and 170 miles SW of Columbus, Ohio. Richmond has a population of 27,152.
Richmond Homes
Richmond properties pool is 10,783 residential properties including Richmond new homes. Median age of real estate in Richmond is 1981. Average Household size is 2.78 people. 2% are one bedroom homes, 23% are 2 bedroom homes, 55% are 3 bedroom homes, 17% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Richmond Mortgage Statistics
Richmond mortgages vs. USA median statistics
| Homes |
Richmond |
USA |
| Homes With No Mortgage |
37% |
30% |
| Homes With Mortgage |
63% |
70% |
| First Mortgage Only |
51% |
54% |
| First & Second Mortgage or HELOC |
12% |
16% |
Richmond Area Real Estate Tax
Richmond Real estate Tax: Median Real Estate Taxes (2000) were $623 comparing to 1999 Median Family income $ 36,222. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Richmond School District: Children make up 17.5% of Richmond population. Richmond has 4,757 under 18 years old residents, or 0.36 kids per one worker, or 0.44 kids per one household.
Richmond Real Estate & Richmond Homeownership
There are 3774.05 or 35% one person households, 3774.05 or 35% two person households, and 1833.11 or 17% three person households in Richmond, Kentucky. Median residents age is 25.3, Senior citizens (65+) make up 2,573 or 9.5%% of Richmond population.
There are 13,258 workers (over 16 years of age) in Richmond. Of these, 89.68% drive to work. Approximately 0.49% of workers in Richmond take public transportation. An estimated 7.18% walk to work.
Median Richmond homeowner's housing expences are 14.2%
Crime in Richmond (2003), crimes per 10,000 residents per year
| Type of Crime |
Richmond |
USA, 2003 |
| Violent Crimes |
23.2 |
47.5 |
| Robberies |
8.1 |
14.2 |
| Aggravated Assaults |
11.79 |
29.5 |
| Property Crimes |
562.02 |
358.8 |
| Burglaries |
87.29 |
74.0 |
| Larceny-Thefts |
443.06 |
241.5 |
| Motor Vehicle Thefts |
31.67 |
43.3 |
Invest in Richmond Properties
When making a decision about buying real estate in Richmond Kentucky area, you should consider following statistical data:
| Category |
Richmond |
USA |
| Near Medium City |
Lexington, Kentucky |
- |
| Near Large City |
Columbus, Ohio |
- |
| Richmond Zip Codes |
40475 |
- |
| Richmond Area Codes |
859 |
- |
| White population |
88.3% |
75.1% |
| African-American population |
8.27% |
12.3% |
| Asian |
1.09% |
3.6% |
| American Indian & Alaskan |
0.29% |
0.9% |
| Hispanic (of any race) |
1.21% |
12.5% |
| Median Family Income (1999) |
$ 36,222% |
$42,000 |
| Population Below Poverty Level |
21.13% |
12.4% |
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