Park City, KY
Population 693 · Kentucky
About Park City, KY
Park City is a small community located in Kentucky with a population of 693 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,583 per year, which is 14% below the national median of $75,149. The median age of 39.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Park City features a median home value of $142,600, which is 42% below the national median of $244,900. This makes Park City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $638, 45% below the national average of $1,163/month. Of the 314 total housing units, 63% are owner-occupied (180 units) and 37% are renter-occupied (105 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Park City shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Park City have an average one-way commute time of 25.1 minutes.
Education & Demographics
10.1% of Park City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.7% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.9% Asian residents, with 0.7% of the population being foreign-born.
How Park City Ranks in Kentucky
Cost of Living in Park City, KY
Compared to national averages, Park City has a median household income of $64,583 (14% below the national median of $75,149). Home values average $142,600, which is 42% below the national median. Monthly rent at $638 is 45% below the US average of $1,163. Within Kentucky, Park City's income is 3% below the state average of $66,273, and home values are 22% below the state median of $182,504.
Why Live in Park City, KY?
Park City offers affordable housing with a median home value of $142,600, below the US average of $244,900, and rent that’s lower than the national average at $638/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a low poverty rate of 10.8%, better than the national average.
Potential considerations include median household income ($64,583) that falls below the national average. However, Park City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Park City has a population of 693 with a median age of 39.5 years. Compare Park City with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Park City
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Adairville | 693 | $43,661 | $99,300 | Compare |
| Crofton | 690 | $43,889 | $81,300 | Compare |
| Seneca Gardens | 690 | $128,750 | $536,500 | Compare |
| Wickliffe | 700 | $38,125 | $67,700 | Compare |
| Smiths Grove | 684 | $51,583 | $159,600 | Compare |
| Corydon | 683 | $55,655 | $128,800 | Compare |
| Millersburg | 703 | $43,558 | $124,300 | Compare |
| Wingo | 676 | $46,042 | $112,000 | 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 Park City With Other Cities
Frequently Asked Questions about Park City
What is the population of Park City, KY?
The population of Park City, KY is 693 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kentucky.
What is the median household income in Park City?
The median household income in Park City, KY is $64,583 per year, which is 14% below the national median of $75,149.
What is the median home value in Park City?
The median home value in Park City, KY is $142,600, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Park City?
The median monthly rent in Park City, KY is $638, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Park City?
The unemployment rate in Park City, KY is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Park City, KY a good place to live?
Park City offers a moderate cost of living, affordable housing, and a strong job market. With a population of 693 and a median age of 39.5, the city appeals to a broad range of residents.
How educated is Park City, KY?
10.1% of residents in Park City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Park City?
Key cost-of-living indicators for Park City, KY: median home value is $142,600 (42% below national), median rent is $638/month, and median household income is $64,583. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Park City?
The poverty rate in Park City, KY is 10.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Park City, KY?
Park City's population is 0.7% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.9% Asian, and 1.3% two or more races. 0.7% of residents are foreign-born.