Zip Code:

40475, Richmond, KY

40475 is a Kentucky Zip code within the city of Richmond and the county of Madison County. Its population is roughly 62,250.

The Real Estate Market in the Richmond, Kentucky Zip Code 40475

The Richmond, Kentucky zip code 40475 has a population of just over 100,000 people. The median household income in this zip code is just over $60,000, which is significantly higher than the national median household income of $53,046. Additionally, the home equity and home prices in this zip code are both significantly higher than the national average. As of September 2017, the median home value in this zip code was $209,700, which is more than double the national median home value of $119,500. In addition to being significantly higher than the national average, the home equity and home prices in this zip code are also stable and have not experienced any significant changes over the past few years. This indicates that there is a high demand for housing in this area and that there are plenty of potential buyers who are able to afford to purchase homes in this area.

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