The Town FilesRichmond, Kentucky
City in Madison County · population 34,585 (2020 Census)
- Median home
- $214,900
- Household income
- $50,870
- Jan low / Jul high
- 23° / 85°
- Snow a year
- 1 in
- Tornadoes ≤10 mi since 1950
- 19
- Median age
- 28.4
Richmond is a city of 34,585 people in Madison County, Kentucky. The median home is worth $214,900, above the typical Kentucky town ($161,450). It ranks better for young professionals than 94% of Kentucky towns, better for cycling than 94% of Kentucky towns, more vibrant than 89% of Kentucky towns.
How Richmond ranks
Percentile among Kentucky towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Kentucky towns.
Homes and cost of living
The median home in Richmond is worth $214,900, above the typical Kentucky town ($161,450). Homes cost about 4.2 times the median household income of $50,870, which is more affordable than 11% of Kentucky towns. Median rent is $917 a month. 38.3% of households own their home.
| Housing | Richmond | Typical Kentucky town |
|---|---|---|
| Median home value | $214,900 | $161,450 |
| Median rent | $917 | $837 |
| Median household income | $50,870 | $54,969 |
| Home value ÷ income | 4.2× | 3.0× |
| Homeownership | 38.3% | 63.5% |
| Median year built | 1994 | 1974 |
| Seasonal / vacation homes | 0.1% | — |
Who lives in Richmond
| People | Richmond | Typical Kentucky town |
|---|---|---|
| Median age | 28.4 | 39.1 |
| Age 65 and over | 10.7% | 18.1% |
| Under 18 | 18.0% | — |
| Bachelor's degree or higher | 34.9% | 19.8% |
| Below the poverty line | 19.5% | 18.0% |
| Veterans | 6.9% | — |
| Born outside the U.S. | 3.6% | — |
| Work from home | 8.3% | 7.5% |
| Average commute | 23.0 min | 22.2 min |
| Homes with broadband | 88.3% | 88.6% |
Weather in Richmond
July highs average 85.3°F and January lows 22.6°F. About 50.9 inches of rain and melted snow fall a year, with 1.3 inches of snow (typical Kentucky town: 9.4 in). Expect about 18 days a year at 90°F or hotter and 116 nights at or below freezing.
Tornadoes, storms and disasters
19 tornadoes have passed within 10 miles of Richmond since 1950, compared with 19 for the typical Kentucky town. 8 rated (E)F2 or stronger. The strongest, an F4, struck on April 3, 1974 about 9.9 miles from the town center. Tornadoes within 10 miles have caused 9 deaths and 40 injuries since 1950. The most recent was on January 12, 2023.
Hail of 1 inch or larger has been reported within 10 miles 41 times; the largest was 2.50 inches on June 25, 2023.
Severe weather in Madison County since 1996
Madison County has been included in 28 federal disaster or emergency declarations since 1953, most often for flood, tornado, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| September 1, 2026 | Severe Storm | DR-4937: Severe Storms, Straight-Line Winds, Flooding, Landslides, And Mudslides |
| January 24, 2026 | Winter Storm | EM-3633: Severe Winter Storm |
| April 24, 2025 | Severe Storm | DR-4864: Severe Storms, Straight-Line Winds, Tornadoes, Flooding, Landslides, And Mudslides |
| April 3, 2025 | Severe Storm | EM-3626: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| February 16, 2025 | Severe Storm | EM-3624: Severe Storms, Straight-Line Winds, Flooding, And Landslides |
Jobs and pay in Madison County
Madison County had 36,909 jobs in 2024, paying an average of $53,794 a year. Unemployment was 3.9% in 2023; in Richmond itself the ACS puts it at 6.7%.
Public schools in Richmond
15 public schools with 7,138 students, about 16.0 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| Madison Central High School | 9-12 | 2,250 | 19.7 |
| Kirksville Elementary School | PK-5 | 620 | 15.9 |
| Madison Middle School | 6-8 | 588 | 16.8 |
| Clark Moores Middle School | 6-8 | 552 | 15.3 |
| Daniel Boone Elementary School | 1-5 | 493 | 15.4 |
| Glenn R Marshall Elementary School | 1-5 | 480 | 15.0 |
| B. Michael Caudill Middle School | 6-8 | 465 | 16.0 |
| Kit Carson Elementary School | 1-5 | 452 | 15.1 |
| Boonesborough Elementary | PK-5 | 420 | 15.6 |
| Madison Kindergarten Academy | PK-K | 418 | 15.5 |
| White Hall Elementary School | 1-5 | 379 | 13.5 |
| Madison County Day Treatment | 6-12 | 11 | 1.8 |
Towns near Richmond
- Berea, KY9.7 mi · 15,539 people · home $199,900
- Lancaster, KY17.3 mi · 3,899 people · home $175,300
- Nicholasville, KY18.4 mi · 31,093 people · home $226,800
- Winchester, KY19.8 mi · 19,134 people · home $188,300
- Wilmore, KY22.4 mi · 5,999 people · home $248,900
- Lexington-Fayette, KY23.2 mi · 322,570 people · home $293,500
- Stanford, KY23.9 mi · 3,640 people · home $155,000
- Stanton, KY25.6 mi · 3,251 people · home $123,000
Richmond questions
Is Richmond, Kentucky a good place to retire?
On The Town Files lifestyle rankings, Richmond scores better for retirees than 8% of Kentucky towns and quieter than 3%. 10.7% of residents are 65 or older (median age 28.4).
How much does a house cost in Richmond?
The median owner-occupied home in Richmond is valued at $214,900 (Census ACS 2020–2024), against a median household income of $50,870, so homes cost about 4.2 times income. Median rent is $917 a month.
What is the weather like in Richmond?
July highs average 85.3°F and January lows 22.6°F (NOAA 1991–2020 normals). It gets about 50.9 inches of precipitation a year and 1.3 inches of snow.
Does Richmond get tornadoes?
19 tornadoes have passed within 10 miles of Richmond since 1950 (NOAA Storm Events); the strongest was a F4 on April 3, 1974. The typical Kentucky town has had 19.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)