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165 Apartments for rent in Parkway Village, KY

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September 2024
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Parkway Village Local Guide

See what Parkway Village, KY has to offer.

All About

Living in Parkway Village, KY

Parkway Village, a small town in Kentucky, has a population of approximately 1,000. Families with young children can expect to fit right in, as kids under 5 make up an above-average percentage of the population, though retirees are well-represented as well. Overall, the town's population, with an average age of just under 43, skews older than most cities in Kentucky. Most Parkway Village residents own their homes, and 23% of residents rent. With an average rent of $918 a month, exceeding the state average by $136 a month, relatively high rent costs could play a role in the higher levels of ownership.

With an average commute time of about 21 minutes, shorter than most cities in Kentucky, Parkway Village residents have found that traveling to work isn't overly time-consuming. Driving is the prevailing means of commuting to work, selected by 50% of workers, while public transit isn't widely used. Riding a motorcycle is the second-most preferred means of commuting to work, chosen by 1% of residents. Few residents commute to work on foot.

Compared to the Kentucky average, Parkway Village has a relatively high number of college graduates, as 14% of the town's residents over the age of 25 possess a BA, BS, or BFA. Furthermore, 4% have earned a Master's degree or Doctorate. Many Parkway Village residents work in one of three industries: healthcare, manufacturing, and retail. Combined, these industries account for 30% of the town's workforce. Meanwhile, in terms of job function, 9% of residents work in sales, which ranks as the top field in the town. With an average annual income of nearly $70K, Parkway Village workers take home more than the average Kentucky resident. However, Parkway Village compares less favorably to the national average ($73,345).