Small Business in Richmond

The city's median age is 28, and the average household size is 2.14, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $48,223, reflecting the community’s purchasing power and potential demand for various services. Richmond supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 2382 operating businesses.

Industries overview
Number of companies by home service industry in Richmond
New websites
186
+17.72%
in 2024 compared to 2023
Total websites
1,561
+13.74% (+186)
increase from 2023 to 2024
New franchise locations
New home service franchise locations in Richmond
Profile Launched
Evolve Construction & Restoration KY
Nov, 2024
Prime Lawn Care & Landscaping Property Management
Feb, 2024
ecomaids of Lexington-Richmond-Nicholasville
Nov, 2023
Access Garage Doors of Central Kentucky
Nov, 2023
Mr. Rooter Plumbing and Septic Pumping 15 Years in Business
Nov, 2021
Tree Tech
Mar, 2021
SERVPRO of Madison, Rockcastle, Garrard and Lincoln Counties
Feb, 2020
AllDoor Garage Door
Nov, 2018
Lawn Doctor of Lexington-Nicholasville-Georgetown-Richmond
Nov, 2016
Mr. Rooter Plumbing of Richmond KY
Nov, 2014