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Area data

Richmond, KY — ZIP 40475

Population: 65,961 (Census ACS)

The median home value in ZIP 40475 (Richmond, KY) is $303,276 — up 1.4% over the past year. Homes sell for a median $350,000 after a median 26 days on market. Typical rent runs $1,179/month. 15 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with lightning, strongwind, winterweather the top-rated hazards. Cost of living is 11.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$303,276

Median home value

+1.4%

1-year change

26

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$303,276
1-year appreciation
+1.4%
3-year appreciation
+11.2%
5-year appreciation
+25.4%
10-year appreciation
+77.9%
All-time peak (2026-04)
$304,278
House Price Index (state)
396.0 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$350,000
Median list price
$329,900
Median price per sqft
$102
1-year sale-price change
+20.7%
Median days on market
26 days
Homes sold (recent period)
3
For-sale inventory
302
Sale-to-list ratio
99.0%
Active listings
9
1-year forecast
+2.1%
Days to pending
50 days
New listings (monthly)
106

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,179/mo
1-year rent change
+2.3%
Studio fair-market rent
$701/mo
1BR fair-market rent
$876/mo
2BR fair-market rent
$1,089/mo
3BR fair-market rent
$1,416/mo
4BR fair-market rent
$1,634/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
88.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
15
Elementary schools
8
Middle schools
3
High schools
4
School districts serving the area
Kentucky Tech System, Madison County
Schools include
Madison County Area Technology Center, Madison Middle School, Clark Moores Middle School, Daniel Boone Elementary School, Kirksville Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
lightning, strongWind, winterWeather, coldWave, hail
Notable hazard ratings (county)
coldWave: Relatively Moderate · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 43% of US counties
Buildings in wildfire direct-exposure zone
63.5%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
69.0°F
Average low
49.0°F
Annual precipitation
39.5 in
Annual snowfall
1.9 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
5.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
22,526
Jobs reachable by transit (45 min)
19,677

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Camp Nelson National Monument (16 mi)
National parks include
Camp Nelson National Monument, Mill Springs Battlefield National Monument
Airports within 30 mi
27
Nearest airport
Berea-Richmond Airport (8 mi)
Nearest major airport
Central Kentucky Regional Airport (9 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
BAPTIST HEALTH RICHMOND
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+480 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,993
Housing built before 1970
15.2%
Housing built 2000 or later
37.4%
Median annual property tax
$1,846
Mean commute to work
23 min
Households with broadband internet
69.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
28,690
Average weekly wage
$970
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
536

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 40475State medianUS median
Median home value$303,276$169,157$289,727
Median sale price$350,000$234,500$325,000
Median days on market26 days57 days51 days
Typical rent$1,179/mo$1,378/mo$1,808/mo
Median annual property tax$1,846$921$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 40475?
$303,276.
What is the median sale price in ZIP 40475?
$350,000.
How long do homes take to sell in ZIP 40475?
Median days on market: 26 days.
What is typical rent in ZIP 40475?
Typical rent: $1,179/month.
What is the natural-hazard risk in ZIP 40475?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: lightning, strongWind, winterWeather, coldWave, hail.
Is ZIP 40475 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 40475?
Risk to homes is higher than 43% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 40475?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 40475?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 40475?
15 schools (8 elementary, 3 middle, 4 high) (NCES, 2022-23).
Is ZIP 40475 walkable?
Walkability index: 5.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 40475?
Regional Price Parity: 88.5 (100 = US average) (Low) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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