Parkway Village, Kentucky Demographics & Population 2026
During the 2020–2024 ACS period, Parkway Village, Kentucky had a total population of 588, the 328th largest city in Kentucky, with a median household income of $90,833, which is 43% higher than the state average. The poverty rate is 1.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 43% above the state average — one of the wealthiest communities in Kentucky.
- An exceptionally low poverty rate of 1.7% — among the lowest in Kentucky.
- Near full employment with an unemployment rate of just 2.0%.
Parkway Village Quick Facts
How Parkway Village Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 613 | 588 | -4.1% |
| Median household income | $85,875 | $90,833 | +5.8% |
| Median home value | $236,900 | $253,600 | +7.0% |
How Parkway Village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 33 | National average: 61
Education
Educational Attainment (Adults 25+)
Parkway Village Rankings in Kentucky
Explore Kentucky Rankings
Other Cities in Jefferson County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Louisville/Jefferson County metro government | 631,818 | $66,849 | 15.8% | $233,900 |
| Jeffersontown | 29,199 | $81,506 | 6.5% | $250,700 |
| St. Matthews | 17,577 | $82,412 | 7.2% | $338,000 |
| Shively | 15,638 | $50,221 | 14.7% | $154,700 |
| Lyndon | 11,030 | $65,679 | 9.2% | $276,800 |
| Middletown | 9,763 | $82,537 | 9.1% | $336,000 |
| Douglass Hills | 5,474 | $78,482 | 6.4% | $346,300 |
| Hurstbourne | 4,702 | $116,094 | 5.5% | $542,600 |
| Prospect | 4,542 | $163,462 | 2.4% | $538,400 |
| Indian Hills | 2,897 | $192,000 | 2.5% | $699,200 |
Cities Similar to Parkway Village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cawood | 596 | N/A | $69,800 | 33.7% | 6.4% |
| Fox Chase | 610 | $93,125 | $320,100 | 16.5% | 6.4% |
| Woodland Hills | 575 | $96,042 | $259,800 | 49.9% | 1.2% |
| Murray Hill | 594 | $99,063 | $404,300 | 50.2% | 3.0% |
| McRoberts | 556 | N/A | $60,100 | 2.4% | 46.0% |
A note before these figures: with a population of 588, Parkway Village's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Parkway Village is a small community located in Kentucky, within Jefferson County. The total population is 588. It ranks as the 328th most populous out of 552 Census-designated places in Kentucky.
Age Demographics
The median age in Parkway Village is 35.4 years. This is 9% lower than the state median of 39.1 years.
Economy, Income & Housing
The median household income in Parkway Village is $90,833. This is 43% higher than the state median of $63,726. It is also 13% higher than the national median of $80,734. The poverty rate stands at 1.7%. This is 89% 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 2.0%. This is 59% lower than the state rate of 4.9%. The median home value is $253,600. Housing costs are 23% higher than the state median of $205,600. With a home-value-to-income ratio of just 2.8x, Parkway Village is one of the most affordable housing markets in the area. 82.7% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 68.3%.
Race & Ethnicity
The largest racial or ethnic group in Parkway Village is White (non-Hispanic), making up 74.7% of the population. Hispanic or Latino residents account for 14.1%. The Black or African American population (2.5%) is well below the state average of 7.5%. The Hispanic or Latino population is significantly higher than the state average (14.1% vs 5.0%). The Asian population is significantly higher than the state average (2.7% vs 1.6%).
Education
52.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 90% higher than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.8%. Notably, 23.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Parkway Village, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Parkway Village, Kentucky?
Parkway Village, Kentucky has a population of 588 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Parkway Village, KY?
The median household income in Parkway Village is $90,833, which is 13% higher than the national median of $80,734.
What is the poverty rate in Parkway Village, KY?
The poverty rate in Parkway Village is 1.7%. This means approximately 10 residents live below the federal poverty line.
What is the racial makeup of Parkway Village, Kentucky?
Parkway Village's population is 74.7% White, 2.5% Black, 14.1% Hispanic/Latino, and 2.7% Asian.
What is the median home value in Parkway Village, KY?
The median home value in Parkway Village is $253,600. The home-value-to-income ratio is 2.8x.
How educated is Parkway Village, Kentucky?
52.2% of adults (25+) in Parkway Village hold a bachelor's degree or higher, and 23.8% hold a graduate or professional degree.