PlainZIP

Richmond, KY · standard

ZIP Code 40475

Madison County, Kentucky - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

55,803
79/sq mi
$63,050
Median income
$244,300
Median home value
37.4%
Bachelor's or higher

The verdict

Richmond pairs a below-median household income with above-median home values, in a rural, mixed-tenure and unusually populous area.

35th pct
household income, US ZIPs
Top 44%
home value, US ZIPs
79
people per sq mi
58%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 40475 against every reporting US ZIP.

ZIP code 40475 is a densely settled ZIP (a standard USPS delivery area) in Richmond, Madison County, Kentucky, with 55,803 residents across 707.3 square miles, a density of 79 people per square mile, in the New York time zone.

ZIP 40475 reports a modest median household income of $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%. The typical home here is valued at $244,300 (54% above the state average); renters pay a median of $911 monthly, and 57.9% of units are owner-occupied.

A solid share of residents have a four-year degree: 37.4% of adults hold a bachelor's degree or higher, the median age is 33.7, and the average commute is 25 minutes. The state and national benchmarks above give 40475's numbers context; they should not be read in isolation.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 40475

Top 5 sectors by establishment count in Richmond, KY

Which industries have the most business establishments in ZIP 40475.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 40475?

33.7

Median Age

49.0%

Male

51.0%

Female

2.7%

Foreign-Born

White 88.0%
African American 4.7%
Asian 1.1%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.2%
Hispanic or Latino 3.3%

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

How ZIP 40475 ranks nationally

Richmond, KY household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$63,050 35th percentile higher than 35% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 64.9%
Bachelor's Degree or Higher 37.4%

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

Owner 57.9%
Renter 42.1%

$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

40403 standard
Berea, KY
Pop: 23,774
40385 standard
Waco, KY
Pop: 3,131
40461 standard
Paint Lick, KY
Pop: 3,121
40404 standard
Berea, KY
Pop: 643

Related Areas

Madison County Richmond, KY Kentucky

Frequently Asked Questions

What county is ZIP code 40475 in? ▼
ZIP code 40475 (Richmond) is located in Madison County, Kentucky. Madison County contains multiple ZIP codes, see the full list at /counties/madison-ky.
What is the population of ZIP code 40475? ▼
ZIP code 40475 in Richmond, KY has a population of 55,803 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40475? ▼
The median household income in ZIP 40475 is $63,050, which is 17% below the national average of $76,288.
What is the average home value in ZIP 40475? ▼
The median home value in ZIP 40475 is $244,300, which is 12% below the national average of $278,155.
What is the demographic makeup of ZIP 40475? ▼
The largest racial group in ZIP 40475 is White at 88.0%. Hispanic or Latino residents make up 3.3% of the population.
How many businesses are in ZIP code 40475? ▼
ZIP code 40475 has 1,322 business establishments employing approximately 18,147 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40475? ▼
The top industries by establishment count in ZIP 40475 are: Retail trade (221), Health care and social assistance (217), Construction (126). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 40475? ▼
According to the FHFA House Price Index, home values in ZIP 40475 increased by 7.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 131%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 40475? ▼
In ZIP code 40475, 64.9% of residents aged 25+ have a high school diploma or higher, and 37.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 40475? ▼
The mean commute time for workers in ZIP code 40475 is 25.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 40475? ▼
In ZIP code 40475, approximately 57.9% of occupied housing units are owner-occupied and 42.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40475? ▼
The poverty rate in ZIP code 40475 is 15.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.