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
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 40475 (Richmond, KY) rose +7.4% from 2023 to 2024. The all-transactions index moved from 215.3 in 2023 to 231.3 in 2024 (2000 = 100).
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 average Kentucky ZIP), while per-capita income is $34,571. The poverty rate is 15.1%, with unemployment at 5.8%; those measures add context to the income figure. Median home value is $244,300 (54% above the average Kentucky ZIP) and median rent is $911; 57.9% of occupied homes 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. No nearby ZIP peer set is available for this delivery area, so the Kentucky and national benchmarks above are the appropriate context for 40475.
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.
- 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 + 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
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 ZIP avg
$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
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
28,404housing units
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 ZIP avg
$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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 40475, both outside KY so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (55,803 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.