The 10 Richest Cities In Kentucky For 2024


The richest cities in Kentucky are Prospect and Hurstbourne for 2024 based on Saturday Night Science.

Did you know that the bigger the hat you wear to the Kentucky Derby in Louisville, the more money people think you have?

All joking aside, we’re here to tell you where the location of the richest places in Kentucky for 2024.

Many of the state’s wealthiest places are also Kentucky’s best. And like the rest of the country, the wealthy in Kentucky spare no expense. That’s why we looked at the median income and home prices for 107 Kentucky places with at least 3,000 residents to narrow down the most well-to-do places.

If you guessed that Bowling Green and Owensboro made the list, guess again. Many of Kentucky’s most affluent places are centered around the state’s eighth largest city, Florence. Are you at all surprised? We aren’t. Florence is super safe, and this key attribute is trickling down to Kentucky’s richest places.


Table Of Contents: Top Ten | Methodology | Summary | Table


Richest Cities In Kentucky Map

You’ll need to make at least $90,760/year to keep up with the Joneses in these places.

What is the richest place in Kentucky? According to the latest data, Prospect is the richest place in Kentucky.

Want to know more? We suggest you grab a mint julep, a sunny spot at Churchill Downs, and read on to see where Kentucky “Richie Rich” lives. If you have a second, take a look at Kentucky’s poorest places. It will put this list in perspective.

Rich people not your cup of tea? Feel free to check out some more reading about Kentucky:

The 10 Richest Cities In Kentucky For 2024

1. Prospect

Overall SnackAbility

9.5
/10

Population: 4,624
Median Income: $173,528
Median Home Values: $572,605
More on Prospect: Data | Crime | Real Estate

2. Hurstbourne

Hurstbourne, KY

Source: Public domain
Overall SnackAbility

7.5
/10

Population: 4,654
Median Income: $117,031
Median Home Values: $607,879
More on Hurstbourne: Data | Real Estate

3. Union

Union, KY

Source: Public domain
Overall SnackAbility

7
/10

Population: 7,369
Median Income: $131,047
Median Home Values: $399,302
More on Union: Data | Cost Of Living | Real Estate

4. Crestwood

Overall SnackAbility

6
/10

Population: 6,175
Median Income: $110,147
Median Home Values: $424,893
More on Crestwood: Data | Cost Of Living | Real Estate

5. Edgewood

Edgewood, KY

Source: Public domain
Overall SnackAbility

7
/10

Population: 8,447
Median Income: $117,308
Median Home Values: $335,091
More on Edgewood: Data | Crime | Cost Of Living | Real Estate

6. Villa Hills

Overall SnackAbility

9.5
/10

Population: 7,331
Median Income: $109,196
Median Home Values: $341,685
More on Villa Hills: Data | Crime | Cost Of Living | Real Estate

7. Crestview Hills

Overall SnackAbility

7
/10

Population: 3,212
Median Income: $107,857
Median Home Values: $320,510
More on Crestview Hills: Data | Real Estate

8. Douglass Hills

Overall SnackAbility

7.5
/10

Population: 5,466
Median Income: $90,760
Median Home Values: $354,085
More on Douglass Hills: Data | Cost Of Living | Real Estate

9. Fort Thomas

Fort Thomas, KY

Source: Public domain
Overall SnackAbility

9.5
/10

Population: 17,310
Median Income: $95,391
Median Home Values: $316,890
More on Fort Thomas: Data | Crime | Cost Of Living | Real Estate

10. Fort Wright

Fort Wright, KY

Source: Wikipedia User roadroid @ Mapillary.com | CC BY-SA 4.0
Overall SnackAbility

9.5
/10

Population: 5,841
Median Income: $105,075
Median Home Values: $306,662
More on Fort Wright: Data | Crime | Cost Of Living | Real Estate

Methodology: How We Determined The Richest Places In Kentucky For 2024

Map Of The Richest Places To Live In Kentucky
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:

  • Median Home Values
  • Median Household Income

Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”

After we collected the data for all 107 places with more than 3,000 people in Kentucky, we ranked each place from 1 to 107 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Prospect, crowned the “Richest City In Kentucky For 2024.”

The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Kentucky.

You can skip to the end to see the rankings for all 107 places.

Summary: The Wealthiest Places In Kentucky For 2024

Like we said earlier, when we set out to identify the richest places in Kentucky, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Kentucky.

The richest cities in Kentucky are Prospect, Hurstbourne, Union, Crestwood, Edgewood, Villa Hills, Crestview Hills, Douglass Hills, Fort Thomas, and Fort Wright.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Kentucky, according to data:

Poorest: Williamsburg
2nd Poorest: Prestonsburg
3rd Poorest: Barbourville

For more Kentucky reading, check out:

Detailed List Of The Richest Cities In Kentucky

Rank City RichScore Median Income Average Home Price
1 Prospect 1.5 $173,528 $572,605
2 Hurstbourne 2.5 $117,031 $607,879
3 Union 3.0 $131,047 $399,302
4 Crestwood 4.0 $110,147 $424,893
5 Edgewood 6.5 $117,308 $335,091
6 Villa Hills 7.5 $109,196 $341,685
7 Crestview Hills 9.0 $107,857 $320,510
8 Douglass Hills 10.0 $90,760 $354,085
9 Fort Thomas 11.5 $95,391 $316,890
10 Fort Wright 12.5 $105,075 $306,662
11 Middletown 13.5 $81,881 $319,167
12 Park Hills 14.0 $89,167 $315,392
13 St. Matthews 14.0 $78,928 $342,929
14 Fort Mitchell 14.0 $74,830 $369,881
15 Independence 16.5 $92,355 $283,892
16 Mount Washington 16.5 $91,185 $286,136
17 Alexandria 16.5 $100,938 $279,406
18 La Grange 17.0 $72,265 $357,217
19 Walton 17.5 $79,811 $303,985
20 Crescent Springs 18.5 $75,565 $311,103
21 Georgetown 21.5 $74,530 $291,754
22 Jeffersontown 25.5 $78,929 $251,563
23 Taylor Mill 25.5 $79,781 $245,188
24 Shelbyville 26.0 $74,433 $271,621
25 Cold Spring 26.0 $76,151 $256,036
26 Lexington 27.0 $66,087 $289,233
27 Lyndon 29.5 $63,806 $281,572
28 Vine Grove 30.5 $74,035 $237,941
29 Florence 30.5 $67,352 $257,002
30 Nicholasville 32.5 $61,832 $277,506
31 Versailles 33.0 $55,606 $307,956
32 Shepherdsville 34.0 $71,875 $228,290
33 Wilmore 35.0 $59,848 $271,874
34 Erlanger 35.0 $74,147 $217,776
35 Louisville 37.5 $63,114 $231,566
36 Russell 38.0 $80,750 $186,744
37 Bellevue 40.5 $66,741 $215,115
38 Lawrenceburg 44.0 $58,935 $223,391
39 Williamstown 45.0 $60,726 $216,691
40 Elsmere 45.0 $61,890 $198,526
41 Wilder 45.0 $66,250 $190,965
42 Elizabethtown 45.5 $54,493 $230,510
43 Franklin 46.0 $54,784 $223,713
44 Hillview 46.0 $63,578 $196,339
45 Crittenden 48.0 $52,217 $235,003
46 Bowling Green 50.5 $47,118 $265,897
47 Berea 51.0 $54,481 $216,269
48 Winchester 52.5 $50,982 $224,257
49 Bardstown 53.5 $47,654 $232,877
50 Frankfort 53.5 $53,905 $209,529
51 Radcliff 54.0 $54,558 $191,577
52 Ludlow 54.5 $59,089 $184,106
53 Stanford 55.0 $57,618 $186,463
54 Danville 56.5 $48,038 $219,456
55 Richmond 56.5 $45,457 $259,818
56 Dayton 58.0 $61,432 $173,888
57 Newport 59.0 $50,278 $198,174
58 Harrodsburg 60.5 $49,293 $196,771
59 Paris 61.0 $46,752 $217,396
60 Owensboro 61.0 $51,982 $186,902
61 Benton 61.5 $61,443 $152,890
62 Greenville 61.5 $68,984 $131,494
63 Covington 62.5 $53,770 $181,857
64 Southgate 63.0 $54,107 $180,350
65 Lancaster 63.5 $45,610 $217,697
66 Campbellsville 65.5 $53,254 $178,765
67 Morganfield 66.5 $57,619 $146,453
68 Mount Sterling 68.5 $47,408 $184,088
69 Hazard 70.0 $65,846 $92,026
70 Corbin 70.5 $52,929 $155,672
71 Madisonville 71.0 $54,234 $143,015
72 Flatwoods 72.0 $58,294 $123,058
73 Highland Heights 74.0 $44,910 $186,185
74 Cynthiana 74.0 $46,601 $180,289
75 Hodgenville 75.0 $37,022 $197,500
76 Henderson 76.0 $46,276 $176,516
77 Oak Grove 76.0 $40,740 $187,947
78 Russellville 76.0 $45,484 $181,096
79 Glasgow 76.5 $44,125 $183,709
80 Carrollton 77.5 $48,333 $145,181
81 Paducah 77.5 $46,984 $163,883
82 Lebanon 79.0 $37,500 $185,248
83 London 79.5 $45,858 $166,838
84 Beaver Dam 79.5 $48,991 $135,306
85 Central City 81.5 $52,184 $109,487
86 Shively 82.0 $45,953 $148,818
87 Hopkinsville 82.0 $43,577 $170,550
88 Leitchfield 82.5 $43,214 $171,337
89 Ashland 83.5 $51,250 $104,334
90 Somerset 84.5 $33,245 $181,592
91 Murray 87.5 $37,421 $163,997
92 Scottsville 88.0 $34,835 $169,245
93 West Liberty 88.0 $47,083 $106,992
94 Princeton 88.5 $46,317 $115,834
95 Monticello 89.5 $43,353 $136,290
96 Columbia 90.0 $45,163 $130,093
97 Maysville 92.5 $41,171 $131,500
98 Morehead 92.5 $32,020 $150,504
99 Mayfield 92.5 $42,589 $130,153
100 Stanton 95.5 $29,097 $137,688
About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.