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Economy in Richmond, Kentucky

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyRichmond, KYUnited States
Unemployment Rate7.20%8.60%
Recent Job Growth0.10%0.35%
Future Job Growth33.00%32.10%
Sales Taxes6.00%5.00%
Income Taxes8.80%4.70%
Income per Cap.$20,476$26,154
Household Income$33,322$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K24.09%12.37%
Income between 15K and 25K14.54%10.53%
Income between 25K and 35K13.81%10.88%
Income between 35K and 50K14.09%15.37%
Income between 50K and 75K16.46%20.14%
Income between 75K and 100K8.75%12.41%
Income between 100K and 150K5.49%11.27%
Income between 150K and 250K1.91%5.01%
Income between 250K and 500K0.79%1.86%
Income greater than 500K0.07%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.67%14.04%
Professional and Related Occupations19.96%20.61%
Service18.79%14.45%
Sales and Office30.13%26.75%
Farming, Fishing, and Forestry0.51%0.70%
Construction, Extraction, and Maintenance8.32%9.42%
Production, Transportation, and Material Moving13.63%14.05%


Median Household Income

The unemployment rate in Richmond, KY, is 7.20%, with job growth of 0.10%. Future job growth over the next ten years is predicted to be 33.00%.

Richmond, KY Taxes

Richmond, KY,sales tax rate is 6.00%. Income tax is 8.80%.

Richmond, KY Income and Salaries

The income per capita is $20,476, which includes all adults and children. The median household income is $33,322.


Richmond Economy SperlingViews

Description: Major university town of small size (30,000), and conveniently located 30 miles from Lexington,... (read more)Richmond, Kentucky Healthcare Comments: Limited Healthcare Options Local Hospital not well respected Some difficulty in getting and then keeping quality Providers Local Health Concern with the Bluegrass... (read more)Have an opinion about Richmond? Leave a commentTo See All SperlingViews for Richmond Click Here