ZIP Code 40475
standardSource:
Richmond · Madison County · Kentucky
- Population
- 55,803
- Median income
- $63,050
- Median home value
- $244,300
- Bachelor's or higher
- 37.4%
- Land area
- 707.3 sq mi
79/sq mi
▼ 17% vs US
higher than 35% of US ZIPs
▼ 12% vs US
higher than 56% of US ZIPs
Median age 33.7
New York
ZIP code 40475 in Richmond, Kentucky has a population of 55,803. The median household income is $63,050, which is 17% below the national average. Median home value is $244,300, 12% below the US average. 37.4% of residents hold a bachelor's degree or higher.
ZIP code 40475 is classified by USPS as a standard delivery area and covers roughly 707.3 square miles in Richmond, Madison County, Kentucky. The area is home to 55,803 residents, producing a population density of 79 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 40475 against Kentucky and the nation.
On the economic side, the median household income for ZIP 40475 sits at $63,050 (6% above the Kentucky average), while per-capita income is $34,571. The poverty rate stands at 15.1% and the unemployment rate at 5.8%. On housing, the median home value is $244,300 (54% above the state average) with median rent at $911 per month, and 57.9% of occupied units are owner-occupied, a direct signal of whether 40475 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 37.4% of adults hold a bachelor's degree or higher, the median age is 33.7, and the average commute is 25 minutes. Use the benchmarks above to see where 40475 sits relative to Kentucky and the national baseline rather than viewing the numbers in isolation. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 40475
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 40475.
- Retail trade
Retail trade
221 establishments
- Health care and social assistance
Health care and social assistance
217 establishments
- Construction
Construction
126 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
125 establishments
- Other services (except public administration)
Other services (except public administration)
123 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 40475, Richmond, KY · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
55,803
Population
707.3
Area (sq mi)
79
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 40475?
33.7
Median Age
49.0%
Male
51.0%
Female
2.7%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$63,050
Median Household Income
+6% vs state
$34,571
Per Capita Income
15.1%
Poverty Rate
5.8%
Unemployment Rate
25.4 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
28,404
Total Housing Units
26,169
Occupied Units
2,235
Vacant Units
2.36
Avg Household Size
Occupancy Type
$244,300
Median Home Value
+54% vs state
$911
Median Rent
1993
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+7.4%
YoY Change (2024)
231
HPI Index (2000 = 100)
+131%
Total Change Since 2000
Home values in ZIP 40475 have increased 7.4% over the past year (2024). Since 2000, this ZIP has seen +131% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.7% | 156 |
| 2021 | +9.9% | 172 |
| 2022 | +18.0% | 203 |
| 2023 | +6.3% | 215 |
| 2024 | +7.4% | 231 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 1,322 business establishments in ZIP 40475, employing approximately 18,147 people with a combined annual payroll of $828,297,000.
1,322
Businesses
18,147
Employees
$828.3M
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 221 | 16.7% |
| Health care and social assistance | 217 | 16.4% |
| Construction | 126 | 9.5% |
| Professional, scientific, and technical services | 125 | 9.5% |
| Other services (except public administration) | 123 | 9.3% |
| Accommodation and food services | 114 | 8.6% |
| Finance and insurance | 84 | 6.3% |
| Real estate and rental and leasing | 78 | 5.9% |
| Administrative and support and waste management and remediation services | 60 | 4.5% |
| Manufacturing | 47 | 3.6% |
| Wholesale trade | 35 | 2.6% |
| Transportation and warehousing | 29 | 2.2% |
| Information | 28 | 2.1% |
| Arts, entertainment, and recreation | 16 | 1.2% |
| Educational services | 8 | 0.6% |
| Utilities | 5 | 0.4% |
| Mining, quarrying, and oil and gas extraction | 3 | 0.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
More ZIP Codes in Madison County
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Frequently Asked Questions
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What are the main industries in ZIP code 40475? ▼
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ZIP Code Research Guides
Official Data Resources for Richmond, KY
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
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