There are 20 independent living communities serving Richmond, Kentucky. This includes 3 communities in Richmond and 17 nearby. The mean cost per day for independent living in Kentucky is about $60, with costs ranging between $22 and $154 daily. On a monthly basis, this equates to an average expenditure of $1,795, with costs ranging from around $649 up to $4,620. The mean annual cost is $21,540, which is under the nationwide average of $23,100.
Costs for independent living in Richmond generally range between $1,705 per month and $3,025 per month. The median cost is around $2,158 per month, or around $25,900 yearly.
Richmond is a mid size city in the State of Kentucky. It is located within Madison County. With 55,803 people residing within the city limits and 1,261,664 in the encompassing metropolitan area, it is the sixth biggest city in the state. The 55+ community composes 21% of the total population.
Richmond has an average SeniorScore™ of 67. The city has a mean per capita income of $22,000. The mean household income is $41,000 in comparison to the average of $37,000 for the entire state of Kentucky. The current unemployment rate is approximately 9.05% and the mean home price is $114,000, which is less than the state average of $124,500.
Richmond has mild mean temperatures, with comfortable winters and warm summers. The area receives large levels of rainfall each year. Richmond has low water quality, exceptional air quality, and a moderate rate of crime compared to similarly-sized cities.