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The total population of Richmond is estimated to be 34,883 with 16,881 males (48.39%) and 18,002 females (51.61%). There are 1,121 more females than males in Richmond.
The median household income in Richmond was $43,475 in 2021, which marked an a decrease of 1,090(2.45%) from $44,565 in 2020. This income is 58.27% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Richmond sees its highest median household income among householders in the age group of 45 to 64 years old, at $69,075. Overall, the median household income for the city of Richmond stands at $43,475.
In Richmond, the median income for all workers aged 15 years and older, regardless of work hours, was $26,198 for males and $19,953 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,498 for males and $41,645 for females.
In Richmond, there are just three different racial groups among households. Among these, Black or African American households report a median household income of $44,837, followed by White households at $43,726, and Two or More Races households with a median household income of $39,994.
In 2022, the population of Richmond was 36,129, a 3.46% increase year-by-year from 2021. Previously, in 2021, Richmond's population was 34,921, an increase of 0.54% compared to a population of 34,734 in 2020.
The median age in Richmond, KY is 26.3, as per 2021 ACS 5-Year Estimates. Of the total population, 14.88% were under the age of 15, 40.73% aged 15 to 29, 33.43% aged 30 to 64, 9.41% aged 65 to 84, and 1.56% were 85 years of age and older.
Racial distribution of Richmond population: 87.68% are White, 6.09% are Black or African American, 0.22% are American Indian and Alaska Native, 1.32% are Asian, 0.48% are Native Hawaiian and other Pacific Islander, 0.61% are some other race and 3.59% are multiracial.