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2024 Compare Cities Economy:
Richmond, KY vs Versailles, KY

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Highlights
- Household income in Versailles, is 29% more than it is in Richmond and is 33% below the National Average.
- Richmond unemployment rate is 4.9%.
- Versailles unemployment rate is 3.8%.

Economy
 Richmond, KYVersailles, KYUnited States
 Unemployment Rate4.9%3.8%6.0%
 Recent Job Growth1.1%0.2%1.6%
 Future Job Growth33.2%35.3%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes8.0%7.5%4.6%
 Income per Cap.$23,945$31,959$37,638
 Household Income$40,221$51,985$69,021
 Family Median Income$63,453$82,897$85,028
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 Est. Households By Income
 Richmond, KYVersailles, KYUnited States
 Income Less Than 15K19.7%7.1%9.4%
 Income between 15K and 20K5.7%6.4%3.8%
 Income between 20K and 30K10.4%12.3%8.1%
 Income between 30K and 40K14.0%11.2%8.0%
 Income between 40K and 50K7.2%12.1%7.6%
 Income between 50K and 60K7.9%5.0%7.2%
 Income between 60K and 75K7.8%6.9%9.6%
 Income between 75K and 100K10.9%10.4%12.8%
 Income between 100K and 150K10.3%17.3%16.3%
 Income between 150K and 200K3.8%9.1%7.8%
 Income greater than 200K2.3%2.3%9.5%
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 Population By Occupation
 Richmond, KYVersailles, KYUnited States
 Management, business, finance9.9%16.5%16.4%
 Engineering, computers, science5.0%2.8%6.5%
 Community, social services2.3%4.3%1.8%
 Legal0.5%1.4%1.2%
 Education, library7.5%5.2%6.2%
 Arts, design, media, sports, entertainment2.2%1.9%2.0%
 Healthcare practitioners and technology5.2%4.2%6.2%
 Healthcare support3.0%3.5%3.3%
 Firefighters, law enforcement3.9%3.1%2.1%
 Food preparation, serving9.7%3.6%5.4%
 Building maintenance3.9%6.2%3.6%
 Personal care3.6%5.2%2.6%
 Sales, office, administrative support22.1%15.4%20.9%
 Farming, fishing, forestry0.0%2.7%0.6%
 Construction, extraction, maintenance/repair5.7%5.0%8.1%
 Production, transportation, material moving15.5%19.0%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 Versailles    2 Reviews

The 'con' of Air Service is factually inaccurate. Versailles is <10 minutes from the Lexington-Bluegrass Airport. Great safe community and fantastic school  More

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Over 14 years ago

Very small community with larger ones nearby. Can be quite comfortable here on less. No big box stores but no public transportation  More

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ZIPS IN RICHMOND, KENTUCKY
40475
ZIPS IN VERSAILLES, KENTUCKY
40383

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