Parkway Village city, Kentucky Demographics & Population 2026

Population Overview

Parkway Village city is a small community located in Kentucky. The total population is 613. It ranks as the 320th most populous out of 552 cities and towns in Kentucky.

Age Demographics

The median age in Parkway Village city is 38.0 years. This is 3% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Parkway Village city is $85,875. This is 38% higher than the state median of $62,417. Compared to the national median of $78,538, household income here is 9% higher. The poverty rate stands at 1.6%. This is 90% lower than the state poverty rate of 16.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.7%. This is 64% lower than the state rate of 4.8%. The median home value is $236,900. Housing costs are 23% higher than the state median of $192,300. With a home-value-to-income ratio of just 2.8x, Parkway Village city is one of the most affordable housing markets in the area. 87.0% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Parkway Village city is White (non-Hispanic), making up 75.0% of the population. Hispanic or Latino residents account for 15.2%. The Black or African American population (2.6%) is well below the state average of 7.8%. The Hispanic or Latino population is significantly higher than the state average (15.2% vs 4.7%). The Asian population is significantly higher than the state average (3.3% vs 1.5%).

Education

49.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 85% higher than the state rate of 27.0%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.2%. Notably, 21.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Parkway Village city, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. For official data, visit data.census.gov.