Living in Parkway Village, Kentucky
Cost of living, income, home prices, rent and demographics of Parkway Village · Census data 2020–2024
Parkway Village has 588 residents with a median age of 35.4. The median household income is $90,833 (43% higher than the Kentucky median), the median home value is $253,600, the median rent is $1,522/month.
Parkway Village is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Parkway Village at a glance
- Population
- 588
- Median age
- 35.4State: 39.1
- Median household income
- $90,833State: $63,726
- Median home value
- $253,600State: $205,600
- Median rent
- $1,522/moState: $967
- Homeowners
- 82.7%
- Bachelor's degree or higher
- 52.2%
- Average commute
- 19 min
Is Parkway Village a good place to live?
Pros: Median household income 43% higher than the Kentucky median; an average commute of 19 minutes; unemployment of 2%; a poverty rate of 1.7%.
Cons: Home values 23% higher than the state median.
The weather is best in April–May and September–October.
Cost of living in Parkway Village
Housing is the biggest part of the cost of living. In Parkway Village the median home value is $253,600, 24% lower than the U.S. median. Renters pay a median of $1,522 per month, which is 18.6% of household income. Homeowners with a mortgage pay $1,511 a month in housing costs.
Parkway Village median household income
The median household income in Parkway Village is $90,833 and the income per person is $44,784. 1.7% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Parkway Village: homes for sale and rent
- Housing units
- 289
- Owner-occupied
- 82.7%
- Renter-occupied
- 17.3%
- Vacant
- 5.9%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.16
Parkway Village demographics
- Population
- 588
- Median age
- 35.4
- Under 18
- 20.6%
- 65 and older
- 17.5%
- Households
- 272
- Foreign-born
- 3.1%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Parkway Village ›
Education in Parkway Village
52.2% of adults 25 and older in Parkway Village have a bachelor's degree or higher (Kentucky: 27.6%), and 23.8% have a graduate or professional degree.
Jobs and commute in Parkway Village
- Unemployment rate
- 2%State: 4.9%
- Average commute
- 19 minState: 24 min
- Work from home
- 15.4%
- Drive alone
- 77.4%
- Public transit
- 1.8%
- Walk to work
- 0%
- Homes with broadband
- 97.1%
Parkway Village vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parkway Village | 588 | $90,833 | $253,600 | $1,522 |
| Audubon Park | 1,707 | $100,972 | $362,700 | $930 |
| Lynnview | 641 | $55,833 | $161,600 | $1,450 |
| Strathmoor Manor | 422 | $192,917 | $415,100 | $1,375 |
| Watterson Park | 734 | $39,844 | $213,200 | $868 |
| Strathmoor Village | 574 | $104,375 | $384,900 | $2,286 |
| Seneca Gardens | 586 | $120,000 | $556,100 | $1,579 |
| Kingsley | 442 | $124,792 | $359,500 | $1,469 |
| Wellington | 492 | $94,083 | $345,400 | $2,115 |
More for people moving to Parkway Village
Parkway Village ZIP code ›Weather and climate ›Living in Parkway Village: FAQ
What is the median household income in Parkway Village, KY?
The median household income in Parkway Village is $90,833, 43% higher than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Parkway Village?
The median home value in Parkway Village is $253,600, compared with $205,600 in Kentucky.
How much is rent in Parkway Village?
The median gross rent in Parkway Village is $1,522 per month, about 18.6% of household income.
Is Parkway Village, KY a good place to live?
Pluses: median household income 43% higher than the Kentucky median; an average commute of 19 minutes; unemployment of 2%; a poverty rate of 1.7%. Minuses: home values 23% higher than the state median.
What is the median age in Parkway Village?
The median age in Parkway Village is 35.4 years (Kentucky: 39.1).
How long is the commute in Parkway Village?
The average commute to work in Parkway Village is 19 minutes; 15.4% of workers work from home.
What is the unemployment rate in Parkway Village?
The unemployment rate in Parkway Village is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parkway Village?
52.2% of adults in Parkway Village have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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