These Are The 10 Richest Cities In Kentucky


We analyzed over 85 places in Kentucky to determine where the 1% live.

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Francisville, Union, Buckner: These cities aren’t just some of the best places to live in Kentucky. They are also home to some of the richest people in the Bluegrass State.

Francisville in particular houses the richest residents in the state thanks, in part, to a median household income of $105,552 and a ridiculously low poverty rate of 2.4%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Kentucky share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

After analyzing Census data from the 2010-2014 American Community Survey for the 85 places in Kentucky with more than 5,000 people, we were left with this set of the ten richest places in the Bluegrass State:

  1. Francisville
  2. Union
  3. Buckner
  4. Cold Spring
  5. Edgewood
  6. Fort Mitchell
  7. Fort Wright
  8. Burlington
  9. Alexandria
  10. Oakbrook

For more on how we calculated the top ten, read on or skip to the end for the full list. Oh, and the poorest place in Kentucky? That would be Monticello.

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How We Determined The Richest Places In Kentucky

The first thing that comes to most people’s minds when they think about determining the richest places is simply how much people earn. After all, rich people have really high salaries.

However, we don’t think 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 2010-2014 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 85 places with more than 5,000 people in Kentucky, we ranked each place from 1 to 85 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, Francisville, crowned the “Richest Place In Kentucky”.

You can learn more about the top ten below or skip to the end to see the rankings for all 85 places.

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1. Francisville


Population: 9,217
Median Income: 10555200.0%
Poverty Level: 2.4%
Unemployment Rate: 4.7%

2. Union

Union, Kentucky

Source: Wikipedia

Population: 5,569
Median Income: 10392900.0%
Poverty Level: 4.6%
Unemployment Rate: 4.1%

3. Buckner


Population: 5,539
Median Income: 11706100.0%
Poverty Level: 8.6%
Unemployment Rate: 2.0%

4. Cold Spring


Population: 6,093
Median Income: 6216800.0%
Poverty Level: 2.6%
Unemployment Rate: 3.6%

5. Edgewood

Edgewood, Kentucky

Source: Http://New.Edgewoodky.Gov

Population: 8,665
Median Income: 8500000.0%
Poverty Level: 2.7%
Unemployment Rate: 5.1%

6. Fort Mitchell

Fort Mitchell, Kentucky

Source: Fortmitchell.Com

Population: 8,209
Median Income: 6300400.0%
Poverty Level: 6.0%
Unemployment Rate: 4.0%

7. Fort Wright

Fort Wright, Kentucky

Source: Http://Www.Fortwright.Com

Population: 5,726
Median Income: 6479700.0%
Poverty Level: 6.7%
Unemployment Rate: 4.0%

8. Burlington


Population: 16,479
Median Income: 7106400.0%
Poverty Level: 6.7%
Unemployment Rate: 4.4%

9. Alexandria

Alexandria, Kentucky

Source: Wikipedia

Population: 8,654
Median Income: 7446400.0%
Poverty Level: 4.5%
Unemployment Rate: 6.1%

10. Oakbrook


Population: 9,091
Median Income: 6549000.0%
Poverty Level: 5.1%
Unemployment Rate: 4.7%

There You Have It – The Richest Places In Kentucky

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. 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 KY, according to data:

Poorest: Monticello
2nd Poorest: Middlesborough
3rd Poorest: Mayfield
For more Kentucky reading , check out:

Detailed List Of Richest Places In Kentucky

City Rank Population Median Income Poverty Level Unemployment Rate
Francisville 1 9,217 $105,552 2.4% 4.7%
Union 2 5,569 $103,929 4.6% 4.1%
Buckner 3 5,539 $117,061 8.6% 2.0%
Cold Spring 4 6,093 $62,168 2.6% 3.6%
Edgewood 5 8,665 $85,000 2.7% 5.1%
Fort Mitchell 6 8,209 $63,004 6.0% 4.0%
Fort Wright 7 5,726 $64,797 6.7% 4.0%
Burlington 8 16,479 $71,064 6.7% 4.4%
Alexandria 9 8,654 $74,464 4.5% 6.1%
Oakbrook 10 9,091 $65,490 5.1% 4.7%
Independence 11 25,638 $65,776 7.0% 6.9%
Fort Thomas 12 16,250 $62,454 8.7% 6.3%
Middletown 13 7,333 $56,503 9.8% 4.6%
Villa Hills 14 7,359 $85,128 4.0% 9.1%
St. Matthews 15 17,686 $53,905 9.1% 4.8%
Jeffersontown 16 26,862 $60,251 8.6% 6.9%
Taylor Mill 17 6,682 $63,635 10.8% 6.7%
Douglass Hills 18 5,566 $61,604 14.4% 5.8%
Mount Washington 19 11,956 $62,799 7.7% 8.2%
Florence 20 31,038 $52,878 8.6% 6.6%
Lyndon 21 11,167 $50,516 10.9% 5.1%
Lawrenceburg 22 11,014 $50,696 9.6% 6.8%
Bellevue 23 5,933 $54,288 9.5% 7.9%
Hebron 24 5,976 $70,562 9.6% 9.3%
Georgetown 25 30,349 $56,854 11.1% 8.2%
Erlanger 26 18,370 $56,625 9.9% 8.6%
Vine Grove 27 5,296 $55,986 4.8% 12.0%
Shelbyville 28 14,558 $46,630 16.8% 7.2%
Elsmere 29 8,451 $45,639 16.6% 7.3%
Wilmore 30 5,995 $41,661 20.0% 4.2%
Shepherdsville 31 11,573 $48,571 13.2% 8.8%
Madisonville 32 19,807 $40,565 15.4% 7.5%
Elizabethtown 33 29,464 $42,735 14.8% 8.5%
La Grange 34 8,283 $53,778 16.8% 8.9%
Hillview 35 7,785 $46,707 8.3% 11.2%
Lexington-Fayette 36 304,473 $48,667 19.7% 8.0%
Versailles 37 8,908 $41,915 19.7% 7.5%
Owensboro 38 58,000 $38,213 17.9% 7.9%
Flatwoods 39 7,483 $41,344 17.3% 8.7%
Fort Knox 40 10,240 $50,988 8.3% 19.0%
Highland Heights 41 7,152 $49,982 19.4% 10.0%
Louisville 42 605,762 $44,806 17.0% 10.2%
Radcliff 43 22,939 $45,311 15.2% 12.3%
Pikeville 44 7,313 $37,283 26.1% 6.1%
Nicholasville 45 28,483 $44,213 18.2% 11.2%
Shively 46 15,450 $34,826 19.3% 8.8%
Danville 47 16,471 $38,198 19.7% 10.1%
Oak Grove 48 7,522 $35,886 16.4% 10.8%
Berea 49 14,209 $38,513 33.9% 7.2%
Frankfort 50 27,389 $40,622 19.1% 11.4%
Williamsburg 51 5,260 $34,408 21.8% 8.4%
Morehead 52 6,896 $37,036 34.5% 7.2%
Central City 53 5,932 $35,057 23.8% 8.6%
Maysville 54 8,951 $33,603 18.1% 10.6%
Russellville 55 6,998 $30,606 23.6% 7.9%
Henderson 56 28,840 $35,725 21.7% 10.7%
Dayton 57 5,382 $36,589 24.2% 9.8%
Mount Sterling 58 7,030 $38,459 19.9% 13.7%
Paducah 59 25,046 $31,338 23.1% 8.8%
Winchester 60 18,363 $35,055 20.3% 11.1%
Fort Campbell North 61 14,015 $36,642 16.5% 23.1%
Somerset 62 11,311 $24,851 29.4% 6.4%
Hazard 63 5,453 $38,167 26.1% 10.8%
Princeton 64 6,274 $37,008 20.8% 13.8%
Paris 65 9,746 $32,489 23.2% 10.4%
Ashland 66 21,551 $37,789 23.4% 12.5%
Covington 67 40,712 $35,460 22.2% 12.1%
Franklin 68 8,563 $30,398 22.4% 11.3%
Lebanon 69 5,594 $22,670 24.6% 9.0%
Newport 70 15,467 $35,041 24.0% 13.1%
Campbellsville 71 11,126 $31,026 24.4% 11.0%
Hopkinsville 72 32,507 $34,670 22.0% 16.4%
Glasgow 73 14,152 $28,155 24.9% 10.5%
Cynthiana 74 6,388 $27,572 27.6% 9.9%
Bowling Green 75 60,660 $34,036 29.9% 11.7%
Richmond 76 32,706 $30,295 33.2% 10.6%
Corbin 77 7,051 $32,713 24.6% 16.1%
London 78 8,062 $30,286 28.2% 12.7%
Bardstown 79 12,833 $32,000 26.8% 18.0%
Harrodsburg 80 8,359 $29,754 26.8% 21.7%
Murray 81 18,375 $29,993 36.8% 13.5%
Leitchfield 82 6,781 $26,786 31.3% 16.9%
Mayfield 83 10,091 $24,839 34.4% 15.0%
Middlesborough 84 10,035 $21,694 35.0% 14.1%
Monticello 85 6,163 $25,510 39.7% 17.1%

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