City profile
Richmond, KY
Madison County · Population 37,111
Richmond is a town in Madison County, KY with about 37,111 residents and a typical home value near $215,000. It is 24 miles from Lexington, KY, which shapes its climate, healthcare access and amenities.
Climate
Climate type
Four seasons
Winter avg
34°F
Summer avg
77°F
Sunny days / yr
200
Home prices & cost of living
Median home price
$214,900
Typical monthly housing
$1,311
Cost of living (100 = U.S.)
84
Taxes
- Property tax
- 0.80%
- State income tax (top)
- 4%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 6.00%
FEMA natural hazard risk
Relatively Low · county score 75/100
Top hazards: Lightning, Strong wind, Winter weather
Nearest major airport
84 mi to Louisville Muhammad Ali International Airport (SDF)
Political lean (2024 county vote)
Leans Republican · 34% Democratic / 65% Republican
Community
Population
37,111
Black population
5.8%
County
Madison County
Detailed crime figures are available for our 201 hand-researched cities.
2025–2026 trends
2026 market trends
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: flooding, tornadoes
Highlights
- About 37,111 residents
- Typical home value about $215,000
- 24 miles from Lexington, KY
Trade-offs
- Scores for this place are estimated from Census data and the nearest major city
Figures are estimates from public sources (see How we match). Verify before making decisions.