Parkway Village, KY

Kentucky · Metropolitan Area

Parkway Village is a small town in Kentucky with a population of 613. Residents earn $85,875 per year, which is 14% above the national average.

4.9 /5.0
A+ Excellent
613 Population 6,811/sq mi density
$85,875 Median Income $44,793 per capita
$236,900 Home Value
$1,272 Median Rent
59°F Avg Temperature
A+
Overall
4.9 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$85,875 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$236,900 home value, $1,272/mo rent
A+
Education
5.0 / 5.0
49.9% bachelor's degree or higher
Median Income $85,875
14% higher than US avg
Home Value $236,900
16% lower than US avg
Bachelor's+ 49.9%
48% higher than US avg
Median Rent $1,272
9% higher than US avg
Unemployment 1.2%
67% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

How Parkway Village Compares to the U.S. Average (100% = U.S. avg)

People

Population613
Median Age38.0 yrs
Density6,811/mi²
Male / Female46% / 55%
Largest GroupWhite 75%

Economy

A+
Median Income$85,875
Per Capita$44,793
Unemployment1.2%
Poverty0.0%
County GDP$78,803M
Commute18 min

Housing

A+
Home Value$236,900
Rent$1,272
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp59°F
AQI41 (Good)
Rain48.3 in/yr
Elevation495 ft

Education

A+
Bachelor's+49.9%
High School+94.2%
School Score5.50

Community

2024 VoteR 41% / D 57%
Commute18 min
Libraries18

Is Parkway Village a Good Place to Live?

Based on current data, Parkway Village receives an overall livability score of 4.9 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, affordable housing. Parkway Village stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Parkway Village is $85,875, 14% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 1.2%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 18 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Parkway Village is $236,900, 16% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,272 per month. At just 2.8x median income, home prices are very affordable relative to local earnings.

Education

Educational attainment is solid, with 49.9% holding a bachelor's degree or higher, near the national average. 94.2% have completed high school. Area schools have an average test score of 5.5/10.

Climate & Weather

Parkway Village enjoys a moderate climate with an average annual temperature of 59°F. Winters average 36°F in January while summers reach 80°F in July. Annual precipitation totals 48.3 inches, including 13.4 inches of snow. Air quality is rated Good with a median AQI of 41.

Parkway Village has a population of 613 with a density of 6,811 people per square mile. The median age is 38.0 years, 2% younger than the national median of 38.9. The city is predominantly White (75%), with 1.3% Hispanic, 2.6% Black.

Population

613
Total Population
6,811
People / sq mi
38.0yrs
Median Age
2% below US avg
0.1mi²
Land Area

Gender Distribution

Male 45.5%
Female 54.5%

Race & Ethnicity

Parkway Village vs U.S. Average

Language Spoken at Home

English Only94.3%
20% above US avg
Spanish5.7%
57% below US avg

Social Characteristics

Parkway Village vs U.S. Average

The median household income in Parkway Village is $85,875, which is 14% above the national average of $75,149. The unemployment rate is 1.2% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 18 minutes.

Income: Parkway Village vs U.S.

Commute Mode

Income

Median HH Income$85,875
14% above US avg
Per Capita Income$44,793
Avg Weekly Wage$1,371
IRS Avg AGI$79,007

Employment & Poverty

Unemployment1.2%
67% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)33,844
County GDP$78,803M

Business (County)

Restaurants1,860
Healthcare2,672
Retail2,571
Manufacturing675

Tax & Cost of Living

Property Tax (IRS)$5,192
48% above US avg
Effective Tax Rate2.19%

Commute & Transportation

Commute Time18.4 min
Work from Home16.1%

Walkability

The median home value in Parkway Village is $236,900, 16% below the national average. Monthly rent averages $1,272 (9% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$236,900
16% below US avg

Real Estate Market (Redfin)

$/Sq Ft$225
Homes Sold1
Sale-to-List Ratio91.0%
Price Drops0.0%
Inventory1

Rental Costs

Census Median Rent$1,272
9% above US avg

HUD Fair Market Rent

Studio$719
1 Bedroom$794
2 Bedrooms$984
3 Bedrooms$1,277
4 Bedrooms$1,442

Ownership & Property

Owner-Occupied87.0%

Property Tax

Avg Tax (IRS)$5,192
48% above US avg
Effective Rate2.19%

Health Metrics: Parkway Village vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate98.9%
Premature Death12,652/100K

Food & Exercise

Food Environment8.0/10
Exercise Access91.3%
Healthcare Facilities2,672

Crime Rates: Parkway Village vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)123

Safety Score

Parkway Village has an average annual temperature of 59°F (15°C). Winters average 36°F in January while summers reach 80°F in July. Annual precipitation is 48.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

36°F Jan (2°C) 80°F Jul (27°C)
Annual Average58.9°F
9% above US avg
January Average36°F (2°C)
July Average80°F (27°C)

Precipitation & Snow

Annual Rainfall48.3 inches
27% above US avg
Snowfall13.4 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation495 ft (151 m)
Area0.1 sq mi (0.2 km²)
Population Density6,811/sq mi
Coordinates38.2113°N, 85.7381°W
County FIPS21111
It is classified as Metro — 1 million+. 49.9% of residents hold a bachelor's degree or higher (48% above US avg). In the 2024 election, the county voted Democrat by a 16.6-point margin.

2024 Presidential Election (County)

R 40.9%
D 57.4%

Winner: Democrat by 16.6 points

Education

Bachelor's Degree+49.9%
48% above US avg
High School+94.2%
School Test Score5.50
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density6,811/sq mi
Total Area0.1 sq mi

Infrastructure & Services

Public Libraries18
Healthcare Facilities2,672
Restaurants1,860
Retail Stores2,571

Safety & Disasters

Fatal Crashes (County/yr)123

Commute & Transportation

Avg Commute18.4 min
Work from Home16.1%

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