40475 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
40475
40403
Opportunity
47 · Bottom 34%
vs44 · Bottom 27%
Growth
66 · Top 20%
vs63 · Top 26%
Climate
74 · Top 32%
vs77 · Top 25%
Physical resilience
77 · Top 27%
vs68 · Top 38%
Housing affordability
90 · Top 32%
vs97 · Top 16%
Schools
54 · Top 46%
vs53 · Top 48%
Access
48 · Bottom 3%
vs39 · Bottom 2%
Economic stability
53 · Bottom 37%
vs40 · Bottom 19%
Measured values
| Metric | 40475 | 40403 | Source period |
|---|---|---|---|
| Population | 65,961 | 27,607 | 2024 ACS 5-Year |
| Median household income | $63,050 | $61,771 | 2024 ACS 5-Year |
| Per capita income | $34,571 | $29,472 | 2024 ACS 5-Year |
| Population density | 229/sq mi | 249/sq mi | 2024 ACS 5-Year |
| Median home value | $244,300 | $200,200 | 2024 ACS 5-Year |
| Median gross rent | $911 | $834 | 2024 ACS 5-Year |
| Homeownership rate | 57.9% | 71.4% | 2024 ACS 5-Year |
| Unemployment rate | 6.5% | 6.4% | June 2026 |
| Employment change (year over year) | -0.4% | -0.4% | June 2026 |
| Bachelor's degree or higher | 37.4% | 26.8% | 2024 ACS 5-Year |
| Poverty rate | 15.1% | 16.9% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 235 | 120 | 12 months ending July 2026 |
| Permits per 1,000 residents | 6.3 | 7.6 | 12 months ending July 2026 |
| Permit change (year over year) | -7.5% | -22.1% | 12 months ending July 2026 |
| Average July high | 87°F | 87°F | 1991-2020 Normals |
| Average January low | 25°F | 29°F | 1991-2020 Normals |
| Distance to major airport | 83 mi | 90 mi | NASR current cycle |
| Average commute | 27.5 min | 26.8 min | 2024 ACS 5-Year |
| Median age | 33.7 | 37.6 | 2024 ACS 5-Year |
| Public schools | 12 | 10 | 2024-25 school year |
| Students per teacher | 16.42 | 15.79 | 2024-25 school year |
| Math proficiency | 29.9% | 30.0% | 2019-20 school year |
| Reading proficiency | 49.2% | 46.6% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 54.6% | 54.4% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Full profiles: 40475 — Richmond, KY · 40403 — Berea, KY · How this is calculated: methodology