Best Online Business Administration Programs in Richmond, KY (2026)
Richmond, Kentucky has a population of about 35,498. The city’s median household income is $48,223 (Census ACS 2023, 5-year). About 34.3% of adults 25+ hold a bachelor’s degree or higher. Our directory has 48 accredited schools offering business administration programs near Richmond, with tuition ranging from $4,706 to $56,068 per year for indexed programs. In Kentucky, the top-earning business administration-related role is Financial Manager at a median $125,490 annually (BLS, May 2024).
Closest Business Administration Schools to Richmond
The 10 accredited institutions below are the closest among the 48 schools in our directory that offer business administration programs near Richmond. Distances are calculated from Richmond city center.
| School | City | Distance | Tuition | Online |
|---|---|---|---|---|
| Eastern Kentucky University | Richmond, KY | 1.2 mi | Contact school for pricing | – |
| Berea College | Berea, KY | 10.5 mi | $49,326 - $56,068 | – |
| Asbury University | Wilmore, KY | 22.3 mi | $33,640 - $46,209 | – |
| Bluegrass Community and Technical College | Lexington, KY | 23.8 mi | $4,706 - $13,281 | – |
| University of Kentucky | Lexington, KY | 24.6 mi | Contact school for pricing | – |
| Transylvania University | Lexington, KY | 25.2 mi | Contact school for pricing | – |
| Midway University | Midway, KY | 35.9 mi | Contact school for pricing | – |
| Georgetown College | Georgetown, KY | 36.3 mi | Contact school for pricing | – |
| Kentucky State University | Frankfort, KY | 45.0 mi | Contact school for pricing | – |
| Somerset Community College | Somerset, KY | 49.2 mi | Contact school for pricing | – |
Source: IPEDS / College Scorecard (2023 cohort). Browse all Kentucky schools on the Kentucky business administration page.
Business Administration Wages Near Richmond
| Occupation | Median Annual Wage (Kentucky, statewide) |
|---|---|
| General and Operations Manager | $77,150 |
| Administrative Services Manager | $102,340 |
| Financial Manager | $125,490 |
| Human Resources Manager | $113,740 |
| Management Analyst | $85,290 |
| Project Management Specialist | $81,060 |
| Accountant or Auditor | $72,220 |
| Training and Development Specialist | $58,650 |
| Office and Administrative Support Supervisor | $61,130 |
Source: BLS, May 2024 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.
Richmond at a Glance
| Metric | Value | Source |
|---|---|---|
| Population | 35,498 | Census ACS 2023 5-yr (B01003) |
| Median household income | $48,223 | Census ACS 2023 5-yr (B19013) |
| Adults 25+ with bachelor’s+ | 34.3% | Census ACS 2023 5-yr (B15003) |
| Business Administration-related employment in Madison County | 1,165 workers, 218 establishments | BLS QCEW 2024 annual |
Other Richmond-Area Cities With Business Administration Programs
- Nicholasville, KY – 18.9 mi away (30,052 pop)
- Winchester, KY – 20.0 mi away (25,961 pop)
- Lexington, KY – 23.8 mi away (312,495 pop)
- Georgetown, KY – 37.3 mi away (35,353 pop)
- London, KY – 43.3 mi away (38,130 pop)
Frequently Asked Questions
How many accredited business administration schools are near Richmond, KY?
Our directory has 48 accredited schools offering business administration programs near Richmond. The closest is Eastern Kentucky University in Richmond, KY (1.2 miles), and the farthest in our top picks is Somerset Community College (49.2 miles). 0 of the highlighted schools are flagged as offering distance education.
What are the highest-paying business administration roles in Kentucky?
Based on BLS May 2024 state wage data, the top-paying business administration-related roles in Kentucky are: Financial Manager ($125,490), Human Resources Manager ($113,740), Administrative Services Manager ($102,340). Wages for Richmond workers will track these statewide medians, adjusted for local cost of living.
Should I look at programs in Nicholasville instead of Richmond?
Nicholasville, KY is 18.9 miles from Richmond and has its own set of local business administration programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.
Is Richmond an affordable place to study business administration?
Richmond’s median household income of $48,223 (Census ACS 2023) is one input. Online programs let students stay in Richmond while attending lower-cost out-of-state schools, and Kentucky public universities often offer reduced in-state online tuition.
How do I verify a program is accredited?
Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.
Related Resources
- Online Business Administration Programs in Kentucky
- Main Business Administration Degree Guide
- Business Administration Programs by State
Data verified: May 5, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2024; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.
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