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2024 Compare Cities Economy:
Richmond, KY vs Farmington, NM

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Highlights
- Household income in Farmington, is 39% more than it is in Richmond and is 23% below the National Average.
- Richmond unemployment rate is 4.9%.
- Farmington unemployment rate is 9.0%.

Economy
 Richmond, KYFarmington, NMUnited States
 Unemployment Rate4.9%9.0%6.0%
 Recent Job Growth1.1%2.5%1.6%
 Future Job Growth33.2%19.8%33.5%
 Sales Taxes6.0%8.3%6.2%
 Income Taxes8.0%4.9%4.6%
 Income per Cap.$23,945$26,096$37,638
 Household Income$40,221$56,045$69,021
 Family Median Income$63,453$65,270$85,028
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 Est. Households By Income
 Richmond, KYFarmington, NMUnited States
 Income Less Than 15K19.7%10.5%9.4%
 Income between 15K and 20K5.7%4.7%3.8%
 Income between 20K and 30K10.4%9.8%8.1%
 Income between 30K and 40K14.0%10.2%8.0%
 Income between 40K and 50K7.2%10.7%7.6%
 Income between 50K and 60K7.9%7.7%7.2%
 Income between 60K and 75K7.8%11.1%9.6%
 Income between 75K and 100K10.9%10.4%12.8%
 Income between 100K and 150K10.3%14.1%16.3%
 Income between 150K and 200K3.8%6.6%7.8%
 Income greater than 200K2.3%4.1%9.5%
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 Population By Occupation
 Richmond, KYFarmington, NMUnited States
 Management, business, finance9.9%11.1%16.4%
 Engineering, computers, science5.0%3.1%6.5%
 Community, social services2.3%1.3%1.8%
 Legal0.5%0.5%1.2%
 Education, library7.5%6.4%6.2%
 Arts, design, media, sports, entertainment2.2%0.5%2.0%
 Healthcare practitioners and technology5.2%6.5%6.2%
 Healthcare support3.0%3.6%3.3%
 Firefighters, law enforcement3.9%3.4%2.1%
 Food preparation, serving9.7%6.9%5.4%
 Building maintenance3.9%2.1%3.6%
 Personal care3.6%3.8%2.6%
 Sales, office, administrative support22.1%25.2%20.9%
 Farming, fishing, forestry0.0%0.3%0.6%
 Construction, extraction, maintenance/repair5.7%14.6%8.1%
 Production, transportation, material moving15.5%10.7%13.1%

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Reviews for Richmond    4 Reviews

Over 6 years ago

Keep this between us... Richmond is a hidden gem. A small university town close to a large city (Lexington is 30 minutes away) and less than two hour from very large  More

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For a smallish town, Richmond offers a convenient location and great small restaurants. Fortunately it is also wedged between Lexington and little Berea, both with more  More

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Over 15 years ago

Major university town of small size (30,000), and conveniently located 30 miles from Lexington,  More

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Reviews for Farmington    24 Reviews

The worst place I have ever lived. It is dirty, crime ridden, uneducated and good luck getting good medical care. San Juan anything sucks. Unfriendly, ugly, dusty,  More

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Over 6 years ago

No social life, limited resources, dirty roads with potholes, unclean people, litter, no recreational resources of any value. Employment opportunities don't exist, lack  More

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World class fly fishing (San Juan shuffle!), nearby colorado skiing, and perhaps one of the best climates in the continental US (average western summer with mild winter,  More

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ZIPS IN RICHMOND, KENTUCKY
40475
ZIPS IN FARMINGTON, NEW MEXICO
87401 87402

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