Richmond, located in Madison County, Kentucky, is a vibrant city known for its historic charm and connection to Eastern Kentucky University. It offers a range of services and amenities for its...
Richmond, located in Madison County, Kentucky, is a vibrant city known for its historic charm and connection to Eastern Kentucky University. It offers a range of services and amenities for its residents, including senior communities. With its proximity to Lexington, Richmond benefits from a mix of rural tranquility and urban convenience, making it an attractive place for retirees.
Costs of Senior Communities in Richmond
The cost of senior living in Richmond, KY, can vary depending on the type of facility and level of care needed. On average, monthly costs for assisted living range from $3,000 to $4,500. Nursing homes tend to be more expensive, with costs ranging between $5,000 and $7,000 per month. Independent living options are generally less costly, with averages starting around $2,500 monthly.
Average Income in Richmond
The average household income in Richmond, KY, is approximately $42,000 to $45,000 annually. This is slightly lower than the national average but reflects the city’s rural nature and proximity to a university, with a mix of income levels among residents.
Ranking of Richmond among Top Cities in Kentucky
Richmond is considered a mid-tier city in Kentucky, ranking approximately 20th in population size. While it may not be among the largest cities in the state, its proximity to Lexington, affordability, and community services make it a desirable location for retirees and families alike.
Top Senior Communities Providers/Facilities in Richmond, KY:
