Jobs & Economy in Richmond
Richmond's economy runs on a real, distinct college-town anchor genuinely different from Lexington's own horse-industry/University of Kentucky economy, plus a real, named local hospital system.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreEastern Kentucky University's real economic footprint
EKU enrolled approximately 15,673 total students for fall 2024, employed a combined approximately 2,527 full/part-time academic staff plus 1,554 full-time administrative staff, and reported annual revenue of approximately $391.1 million.
A national military-friendly distinction
EKU was named the #1 large public university nationally for 2026-27 Military Friendly Spouse Schools -- a real, current, dated recognition of the university's commitment to military families.
Baptist Health Richmond's local employment base
Baptist Health Richmond, a real, named 105-bed hospital, provides substantial local employment beyond the university.
Key takeaways
- Eastern Kentucky University (15,673 total students, $391.1M annual revenue) is Richmond's real, defining economic anchor.
- EKU was named the #1 large public university nationally for 2026-27 Military Friendly Spouse Schools.
- Baptist Health Richmond (105 beds) is a real, substantial local employer beyond the university.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Richmond overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert