2025 Compare Cities Economy:
Richmond, KY vs Newton, IA

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Highlights
- Household income in Newton, is 27% more than it is in Richmond and is 35% below the National Average.
- Richmond unemployment rate is 4.9%.
- Newton unemployment rate is 4.5%.
 Richmond, KYNewton, IAUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth33.2%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock7.4%4.6%
 Income per Cap.$23,945  Unlock$37,638
 Household Income  Unlock$51,026$69,021
 Family Median Income$63,453  Unlock$85,028
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 Est. Households By Income
 Richmond, KYNewton, IAUnited States
 Income Less Than 15K  Unlock10.7%9.4%
 Income between 15K and 20K5.7%  Unlock3.8%
 Income between 20K and 30K  Unlock11.5%8.1%
 Income between 30K and 40K14.0%  Unlock8.0%
 Income between 40K and 50K  Unlock11.4%7.6%
 Income between 50K and 60K7.9%  Unlock7.2%
 Income between 60K and 75K  Unlock12.0%9.6%
 Income between 75K and 100K10.9%  Unlock12.8%
 Income between 100K and 150K  Unlock11.6%16.3%
 Income between 150K and 200K3.8%  Unlock7.8%
 Income greater than 200K  Unlock2.6%9.5%
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 Population By Occupation
 Richmond, KYNewton, IAUnited States
 Management, business, finance9.9%  Unlock16.4%
 Engineering, computers, science  Unlock5.0%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.1%2.0%
 Healthcare practitioners and technology5.2%  Unlock6.2%
 Healthcare support  Unlock2.7%3.3%
 Firefighters, law enforcement3.9%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance3.9%  Unlock3.6%
 Personal care  Unlock3.3%2.6%
 Sales, office, administrative support22.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.0%0.6%
 Construction, extraction, maintenance/repair5.7%  Unlock8.1%
 Production, transportation, material moving  Unlock24.2%13.1%
Reviews for Richmond    4 Reviews

Over 7 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 16 years ago

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

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Reviews for Newton    2 Reviews

Over 12 years ago

Having lived in Newton for over 23 years, I have seen the face of the community change. It hasn't always been good change, but the town has done much to try to make up  More

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Over 15 years ago

Winters here tend to be cold, with moderate amount of snowfall, starting around Nov-Dec and reaching into Mar-April. Spring generally starts out cold, but warms quickly  More

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