Richmond is a medium-sized city located in the state of Kentucky. With a population of 39,581 people and 20 associated neighborhoods, Richmond is the sixth largest community in Kentucky.

Richmond real estate is some of the most expensive in Kentucky, although Richmond house values don't compare to the most expensive real estate in the U.S.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.34% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Richmond is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Richmond enrolled in college, Richmond has a number of services, amenities and opportunities geared towards the needs and activities of students.

Richmond is a decent-sized city, yet no one gets to work using public transit, because the city has no real transit system.

The population of Richmond is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 34.88% of adults in Richmond have a bachelor's degree or even advanced degree.

The per capita income in Richmond in 2022 was $29,276, which is upper middle income relative to Kentucky, and lower middle income relative to the rest of the US. This equates to an annual income of $117,104 for a family of four. However, Richmond contains both very wealthy and poor people as well.

Richmond is a somewhat ethnically-diverse city. The people who call Richmond home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Richmond residents report their race to be White, followed by Black or African-American. Important ancestries of people in Richmond include English, Irish, German, Italian, and Scottish.

The most common language spoken in Richmond is English. Other important languages spoken here include Spanish and Tagalog.