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 2025.
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 108 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
The 10 Richest Places In Kentucky For 2025
You’ll need to make at least $86,222/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 2025
1. Prospect
/10
2. Hurstbourne
/10
Population: 4,669
Median Income: $113,906
Median Home Values: $583,426
More on Hurstbourne: Data
3. Union
/10
Population: 7,494
Median Income: $139,013
Median Home Values: $444,406
More on Union: Data | Cost Of Living
4. Crestwood
/10
Population: 6,275
Median Income: $101,086
Median Home Values: $472,356
More on Crestwood: Data | Cost Of Living
5. Villa Hills
/10
Population: 7,378
Median Income: $108,750
Median Home Values: $375,420
More on Villa Hills: Data | Crime | Cost Of Living
6. Edgewood
/10
Population: 8,429
Median Income: $121,045
Median Home Values: $349,450
More on Edgewood: Data | Crime | Cost Of Living
7. Douglass Hills
/10
Population: 5,437
Median Income: $92,826
Median Home Values: $390,639
More on Douglass Hills: Data | Cost Of Living
8. Simpsonville
/10
Population: 3,006
Median Income: $91,221
Median Home Values: $412,222
More on Simpsonville: Crime
9. La Grange
/10
Population: 10,188
Median Income: $86,222
Median Home Values: $387,185
More on La Grange: Data | Crime | Cost Of Living
10. Park Hills
Methodology: How We Determined The Richest Places In Kentucky For 2025
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 2019-2023 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 108 places with more than 3,000 people in Kentucky, we ranked each place from 1 to 108 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 2025.”
The data has been updated for 2025. This is our tenth time ranking the wealthiest cities in Kentucky.
You can skip to the end to see the rankings for all 108 places.
Summary: The Wealthiest Places In Kentucky For 2025
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, Villa Hills, Edgewood, Douglass Hills, Simpsonville, La Grange, and Park Hills.
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: Prestonsburg
2nd Poorest: Williamsburg
3rd Poorest: Middlesborough
For more Kentucky reading, check out:
- Most Dangerous Cities In Kentucky
- Cheapest Places To Live In Kentucky
- Worst Places To Live In Kentucky
Detailed List Of The Richest Cities In Kentucky
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Prospect | 1.0 | $172,361 | $594,007 |
| 2 | Hurstbourne | 3.0 | $113,906 | $583,426 |
| 3 | Union | 3.0 | $139,013 | $444,406 |
| 4 | Crestwood | 6.0 | $101,086 | $472,356 |
| 5 | Villa Hills | 7.5 | $108,750 | $375,420 |
| 6 | Edgewood | 7.5 | $121,045 | $349,450 |
| 7 | Douglass Hills | 10.0 | $92,826 | $390,639 |
| 8 | Simpsonville | 10.0 | $91,221 | $412,222 |
| 9 | La Grange | 11.5 | $86,222 | $387,185 |
| 10 | Park Hills | 11.5 | $102,112 | $341,537 |
| 11 | Fort Thomas | 11.5 | $100,819 | $349,340 |
| 12 | Crestview Hills | 12.0 | $106,375 | $328,644 |
| 13 | St. Matthews | 13.5 | $80,716 | $383,805 |
| 14 | Fort Mitchell | 13.5 | $80,814 | $382,989 |
| 15 | Fort Wright | 14.0 | $100,647 | $328,934 |
| 16 | Alexandria | 14.5 | $103,750 | $320,968 |
| 17 | Mount Washington | 17.0 | $93,852 | $321,842 |
| 18 | Independence | 18.0 | $98,653 | $315,938 |
| 19 | Middletown | 19.5 | $74,129 | $352,223 |
| 20 | Georgetown | 20.5 | $78,373 | $325,859 |
| 21 | Walton | 21.0 | $76,375 | $338,276 |
| 22 | Crescent Springs | 25.0 | $76,530 | $309,513 |
| 23 | Cold Spring | 27.0 | $80,172 | $275,466 |
| 24 | Taylor Mill | 27.5 | $83,210 | $267,213 |
| 25 | Jeffersontown | 28.0 | $78,185 | $279,045 |
| 26 | Shelbyville | 28.0 | $73,733 | $303,927 |
| 27 | Lexington-Fayette Urban County | 29.5 | $67,631 | $320,642 |
| 28 | Lyndon | 30.0 | $65,392 | $322,056 |
| 29 | Nicholasville | 31.0 | $67,514 | $310,746 |
| 30 | Vine Grove | 31.0 | $74,786 | $274,244 |
| 31 | Versailles | 32.0 | $58,834 | $347,169 |
| 32 | Shepherdsville | 32.0 | $71,250 | $279,189 |
| 33 | Florence | 33.0 | $68,508 | $281,068 |
| 34 | Wilmore | 35.0 | $64,245 | $303,502 |
| 35 | Erlanger | 35.5 | $78,420 | $241,465 |
| 36 | Williamstown | 37.0 | $71,761 | $251,995 |
| 37 | Louisville/jefferson County Metro Government (Balance) | 40.5 | $64,731 | $261,015 |
| 38 | Lawrenceburg | 41.0 | $63,690 | $263,626 |
| 39 | Bellevue | 44.5 | $67,143 | $239,887 |
| 40 | Russell | 45.5 | $76,389 | $206,358 |
| 41 | Hillview | 47.5 | $65,732 | $220,235 |
| 42 | Elizabethtown | 48.0 | $56,250 | $270,865 |
| 43 | Winchester | 48.5 | $57,653 | $258,854 |
| 44 | Elsmere | 52.0 | $61,427 | $216,129 |
| 45 | Newport | 53.0 | $58,422 | $237,318 |
| 46 | Berea | 53.0 | $56,484 | $245,532 |
| 47 | Franklin | 53.5 | $55,552 | $247,324 |
| 48 | Hodgenville | 53.5 | $58,750 | $230,341 |
| 49 | Radcliff | 54.0 | $60,976 | $212,705 |
| 50 | Crittenden | 54.5 | $51,336 | $268,124 |
| 51 | Wilder | 55.0 | $71,567 | $190,776 |
| 52 | Richmond | 55.0 | $48,223 | $295,187 |
| 53 | Bowling Green | 55.0 | $48,419 | $284,074 |
| 54 | Frankfort | 56.0 | $54,438 | $243,853 |
| 55 | Covington | 56.5 | $58,814 | $211,384 |
| 56 | Danville | 57.0 | $53,370 | $242,603 |
| 57 | Dayton | 58.5 | $62,500 | $201,165 |
| 58 | Bardstown | 59.0 | $49,781 | $252,759 |
| 59 | Ludlow | 61.0 | $58,295 | $206,340 |
| 60 | Paris | 61.0 | $49,464 | $251,610 |
| 61 | Benton | 63.0 | $63,368 | $179,255 |
| 62 | Greenville | 63.5 | $70,401 | $153,928 |
| 63 | Stanford | 64.0 | $55,000 | $207,426 |
| 64 | Cynthiana | 65.0 | $49,817 | $225,876 |
| 65 | Southgate | 65.5 | $55,469 | $201,801 |
| 66 | Mount Sterling | 66.0 | $50,843 | $214,082 |
| 67 | Lancaster | 66.5 | $45,795 | $252,266 |
| 68 | Morganfield | 67.0 | $63,546 | $161,534 |
| 69 | Owensboro | 67.0 | $53,295 | $202,025 |
| 70 | Harrodsburg | 70.0 | $46,821 | $234,742 |
| 71 | Highland Heights | 70.0 | $52,437 | $197,911 |
| 72 | Hazard | 71.0 | $68,582 | $96,306 |
| 73 | Campbellsville | 71.0 | $49,389 | $208,076 |
| 74 | Oak Grove | 71.5 | $47,886 | $212,530 |
| 75 | Carrollton | 71.5 | $58,788 | $159,823 |
| 76 | Flatwoods | 73.5 | $60,467 | $138,281 |
| 77 | Paducah | 74.0 | $51,243 | $194,010 |
| 78 | Madisonville | 76.5 | $56,902 | $153,585 |
| 79 | Russellville | 76.5 | $47,875 | $201,334 |
| 80 | Corbin | 77.5 | $51,795 | $169,822 |
| 81 | Glasgow | 77.5 | $42,417 | $210,418 |
| 82 | Lebanon | 77.5 | $39,483 | $213,039 |
| 83 | Hopkinsville | 78.5 | $47,428 | $194,431 |
| 84 | West Liberty | 79.0 | $57,411 | $131,860 |
| 85 | Beaver Dam | 81.5 | $52,546 | $150,793 |
| 86 | Henderson | 81.5 | $47,176 | $191,880 |
| 87 | Princeton | 84.5 | $51,875 | $137,468 |
| 88 | London | 84.5 | $45,850 | $182,140 |
| 89 | Murray | 86.0 | $40,348 | $192,020 |
| 90 | Ashland | 86.5 | $52,199 | $117,242 |
| 91 | Leitchfield | 86.5 | $47,168 | $166,754 |
| 92 | Columbia | 87.0 | $45,221 | $173,522 |
| 93 | Scottsville | 87.5 | $36,259 | $193,564 |
| 94 | Shively | 88.0 | $46,522 | $164,033 |
| 95 | Somerset | 88.0 | $32,910 | $194,351 |
| 96 | Central City | 90.5 | $49,025 | $126,875 |
| 97 | Morehead | 91.0 | $35,000 | $179,040 |
| 98 | Maysville | 92.5 | $41,923 | $156,107 |
| 99 | Mayfield | 93.5 | $41,458 | $155,164 |
| 100 | Monticello | 93.5 | $37,733 | $162,168 |