Find property management in Richmond, KY
Learn what to look for, compare Richmond management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
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Richmond Property Managers (1)
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JVM Realty Corporation
- After 35 years of experience owning and managing properties all across the Midwest, JVM's knowledge and expertise expands across virtually all aspects of the industry. View full company profileMarket Info
Richmond Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Richmond property management companies to find and get quotes from multiple property managers in Richmond, Kentucky. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
| Richmond | Kentucky | U.S. | |
|---|---|---|---|
| Median Home Value | $128,500 | $129,100 | $192,400 |
| Owner Costs > 30% Income | 10.2% | 12.9% | 14.7% |
| Gross Rent > 30% Income | 18.2% | 18.6% | 19.2% |
Richmond Housing Market Stats
As of 2008, the rental vacancy rate in Richmond stood at 10%, relatively high compared to the rest of the country. There are about 40,792 housing units, averaging $128,500 in value, 35% of which are occupied by renters. The rent to price ratio in Richmond is 0.4%, slightly lower than the Kentucky average. For 18% of Richmond tenants, 30% or more of their income goes to paying rent.
Demographic Stats
| Richmond | Kentucky | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 22.7 | 19.9 | 25.3 |
| Median Age | 33.2 | 36.5 | 36.7 |
| Avg Household Size - Owners | 2.69 | 2.45 | 2.7 |
| Avg Household Size - Renters | 2.3 | 2.2 | 2.42 |
| Median Household Income | $38,393 | $42,280 | $52,175 |
| Per Capita Income | $20,606 | $23,947 | $27,466 |
Richmond Demographic Info
Richmond has a population of 97,806, comprised of 35,988 households, with on average 3 members per household. Out of approximately 48,473 people in the civilian workforce, 44,986 (93%) were employed in 2008. 79% of the population 25 and older has earned a high school diploma, with 25% holding a 4 year college degree.