Because there are quite a few people attending college in Richmond, it is thought of as a college town. To the benefit of the many students in the area, Richmond provides a number of services, amenities and opportunities geared towards their needs and activities.
In terms of college education, Richmond is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 33.86% of adults in Richmond have a college degree.
The per capita income in Richmond in 2018 was $26,787, which is middle income relative to Kentucky, and lower middle income relative to the rest of the US. This equates to an annual income of $107,148 for a family of four. However, Richmond contains both very wealthy and poor people as well.
Richmond is a somewhat ethnically-diverse city. The people who call Richmond home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Richmond residents report their race to be White, followed by Black or African-American. Important ancestries of people in Richmond include English, Irish, German, European, and Italian.
The most common language spoken in Richmond is English. Other important languages spoken here include Spanish and German/Yiddish.
