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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

Parkway Village Quick Facts

Population 588
Median Household Income $90,833
Median Home Value $253,600
Poverty Rate 1.7%
Unemployment Rate 2.0%
Median Age 35.4 years
Homeownership Rate 82.7%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 52.2%
High School Graduation Rate 95.8%
Diversity Index 42/100
Population 588 328th of 552
Median Income $90,833 top 20%
Poverty Rate 1.7% 86% lower than national
Median Home Value $253,600 top 30%

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.

Metric2019–20232020–2024Change
Population613588-4.1%
Median household income$85,875$90,833+5.8%
Median home value$236,900$253,600+7.0%

How Parkway Village Compares

Economy & Housing

Household Income Distribution

Under $25K 7.3%
$25K-$50K 12.9%
$50K-$100K 38.6%
$100K+ 41.2%
Detailed income brackets
Under $10K
1.8%
$10K-$15K
0.7%
$15K-$20K
2.9%
$20K-$25K
1.8%
$25K-$30K
3.7%
$30K-$35K
2.6%
$35K-$40K
2.2%
$40K-$45K
2.9%
$45K-$50K
1.5%
$50K-$60K
3.3%
$60K-$75K
13.6%
$75K-$100K
21.7%
$100K-$125K
15.4%
$125K-$150K
13.2%
$150K-$200K
10.3%
$200K+
2.2%

Employment

2.0% Unemployment Rate State: 4.9%|National: 5.2%
73.3% Labor Force Participation

Housing Overview

Owner 82.7%
Renter 17.3%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $1,522/mo 20.1% of median household income annually

People & Demographics

Diversity Index

42out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 33 | National average: 61

Education

Parkway Village Rankings in Kentucky

#328 Population of 552
#100 Median Income of 496
#68 Education of 550
#111 Home Value of 495

Other Cities in Jefferson County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cawood596N/A$69,80033.7%6.4%
Fox Chase610$93,125$320,10016.5%6.4%
Woodland Hills575$96,042$259,80049.9%1.2%
Murray Hill594$99,063$404,30050.2%3.0%
McRoberts556N/A$60,1002.4%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.