Crestwood, KY
Population 6,275 · Kentucky
About Crestwood, KY
Crestwood is a small town located in Kentucky with a population of 6,275 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,086 per year, which is 35% above the national median of $75,149. The median age of 39 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Crestwood features a median home value of $315,100, which is 29% above the national median of $244,900. This positions Crestwood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,100, 5% below the national average of $1,163/month. Of the 2,362 total housing units, 82% are owner-occupied (1,874 units) and 18% are renter-occupied (413 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Crestwood shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Crestwood have an average one-way commute time of 26.5 minutes.
Education & Demographics
48.1% of Crestwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 8.6% White, 0.2% Hispanic or Latino, 0.3% Black or African American, and 0.7% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Crestwood, KY
Compared to national averages, Crestwood has a median household income of $101,086 (35% above the national median of $75,149). Home values average $315,100, which is 29% above the national median. Monthly rent at $1,100 is 5% below the US average of $1,163. Within Kentucky, Crestwood's income is 53% above the state average of $66,273, and home values are 73% above the state median of $182,504.
Why Live in Crestwood, KY?
Crestwood offers a strong local economy with a median household income of $101,086, well above the national average, and rent that’s lower than the national average at $1,100/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features a well-educated community where 48.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.7%, better than the national average.
Crestwood has a population of 6,275 with a median age of 39 years. Compare Crestwood with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Crestwood
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cold Spring | 6,298 | $80,172 | $235,200 | Compare |
| Princeton | 6,242 | $51,875 | $89,700 | Compare |
| Lebanon | 6,364 | $39,483 | $130,100 | Compare |
| Cynthiana | 6,412 | $49,817 | $154,700 | Compare |
| Leitchfield | 6,434 | $47,168 | $156,700 | Compare |
| Wilmore | 6,031 | $64,245 | $210,700 | Compare |
| Highland Heights | 6,531 | $52,437 | $148,600 | Compare |
| Hebron | 6,637 | $101,980 | $216,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Crestwood With Other Cities
Frequently Asked Questions about Crestwood
What is the population of Crestwood, KY?
The population of Crestwood, KY is 6,275 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Kentucky.
What is the median household income in Crestwood?
The median household income in Crestwood, KY is $101,086 per year, which is 35% above the national median of $75,149.
What is the median home value in Crestwood?
The median home value in Crestwood, KY is $315,100, which is 29% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Crestwood?
The median monthly rent in Crestwood, KY is $1,100, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Crestwood?
The unemployment rate in Crestwood, KY is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Crestwood, KY a good place to live?
Crestwood offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,275 and a median age of 39, the city appeals to a broad range of residents.
How educated is Crestwood, KY?
48.1% of residents in Crestwood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Crestwood?
Key cost-of-living indicators for Crestwood, KY: median home value is $315,100 (29% above national), median rent is $1,100/month, and median household income is $101,086. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Crestwood?
The poverty rate in Crestwood, KY is 5.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Crestwood, KY?
Crestwood's population is 8.6% White, 0.2% Hispanic or Latino, 0.3% Black or African American, 0.7% Asian, and 1.3% two or more races. 4.7% of residents are foreign-born.