Salary, Cost of Living & Best Neighborhoods in Parkway Hills, IN
Parkway Hills, IN


Salary And Cost Of Living In Parkway Hills IN
Parkway Hills, IN, is an emerging suburban community that appeals to young professionals, families, and retirees seeking a balance between affordability and quality of life. When evaluating a potential move, it is essential to understand the average salary, cost of living, housing market, neighborhoods, and schools in Parkway Hills, Indiana. The following guide offers a detailed overview designed to help current residents and newcomers make informed decisions about living and working in Parkway Hills, IN.
Average Salary In Parkway Hills IN
In Parkway Hills, IN, residents generally enjoy earnings that align with or slightly exceed many comparable Midwestern suburbs. While individual salaries vary by industry and experience, the community maintains a competitive income level relative to its cost of living.
The table below offers an overview of typical annual salary ranges in Parkway Hills, IN:
| Occupation Type | Average Annual Salary (Approx.) |
|---|---|
| Overall Median Household Income | $68,000 – $74,000 |
| Professional & Technical (IT, Engineering, Finance) | $75,000 – $95,000 |
| Healthcare (Nurses, Therapists, Technicians) | $60,000 – $85,000 |
| Education & Public Service | $45,000 – $65,000 |
| Retail, Hospitality & Service | $28,000 – $40,000 |
Many residents commute to nearby employment centers while still benefiting from the relatively modest cost of living in Parkway Hills, IN. This combination of access to regional job markets and local affordability makes Parkway Hills attractive to dual-income households and remote workers alike.
Cost Of Living In Parkway Hills IN
The overall cost of living in Parkway Hills, IN, is typically considered moderate when compared to major metropolitan areas across the country. Housing, transportation, and groceries remain reasonably priced, helping households stretch their income further.
Below is an illustrative comparison of major expense categories in Parkway Hills, Indiana:
| Expense Category | Relative Cost (US Average = 100) |
|---|---|
| Overall Cost Of Living Index | 92 – 96 |
| Housing | 88 – 94 |
| Groceries | 95 – 100 |
| Utilities | 96 – 102 |
| Transportation | 90 – 96 |
| Healthcare | 93 – 98 |
For many households in Parkway Hills, IN, the largest monthly expenditure is housing, followed by transportation and food. However, because housing prices remain below those of larger Indiana cities and national averages, residents often find that their income can support a more comfortable lifestyle. When combined with relatively low commute times and easy access to regional highways, Parkway Hills becomes an appealing option for cost-conscious families.
Average Home Values And Rents In Parkway Hills IN
The housing market in Parkway Hills, IN, features a mix of single-family homes, townhomes, and a growing number of modern apartment communities. Buyers and renters can typically find options that meet a wide range of budgets and lifestyle needs.
The following table summarizes approximate home values and rental rates in Parkway Hills, Indiana:
| Housing Type | Typical Price / Rent |
|---|---|
| Median Single-Family Home Value | $245,000 – $285,000 |
| Entry-Level Single-Family Home | $200,000 – $230,000 |
| Newer Subdivision Home (3–4 Bedrooms) | $290,000 – $350,000+ |
| Average Apartment Rent (1 Bedroom) | $900 – $1,050 / month |
| Average Apartment Rent (2 Bedroom) | $1,050 – $1,250 / month |
| Average Townhome Rent (2–3 Bedroom) | $1,250 – $1,600 / month |
Homeownership in Parkway Hills, IN, remains attainable for many middle-income families, especially compared to larger urban markets. For renters, the area offers updated complexes with amenities such as fitness centers, walking paths, and community pools. As development continues, new construction homes and communities are gradually adding to the inventory of modern housing options.
Best Neighborhoods In Parkway Hills IN
Parkway Hills, Indiana, is home to several neighborhoods that stand out for their amenities, aesthetic appeal, and proximity to schools, parks, and shopping. When researching the best neighborhoods in Parkway Hills, IN, homebuyers and renters will find a variety of choices, each with its own character and advantages.
Highlighted below are some of the most popular neighborhoods in Parkway Hills, IN:
| Neighborhood | Key Features | Typical Home Price Range |
|---|---|---|
| Parkway Meadows | Family-friendly, cul-de-sac streets, near community park and playgrounds | $230,000 – $300,000 |
| Hillside Estates | Larger lots, mature trees, quiet streets, popular with established families | $260,000 – $350,000+ |
| Creekside Village | Mix of townhomes and single-family homes, walking trails, close to retail | $210,000 – $280,000 |
| Parkway Commons | Newer construction, HOA amenities, close to schools and commuter routes | $275,000 – $360,000+ |
Prospective residents often look for neighborhoods in Parkway Hills, IN, that combine safe streets, good schools, and easy access to shopping and dining. Parkway Meadows and Creekside Village are especially appealing to first-time buyers and young families, while Hillside Estates and Parkway Commons tend to attract those seeking more space or newer homes. As the town continues to grow, additional subdivisions and master-planned communities are likely to emerge.
Schools And Education In Parkway Hills IN
Education plays an important role in the overall quality of life in Parkway Hills, Indiana. The community is served by reputable public schools, with access to private and charter options in the broader region. Many families choose Parkway Hills, IN, specifically for its combination of affordable housing and solid school performance.
The following chart-style table outlines the general landscape of schools in Parkway Hills, IN:
| School Level | Local Options | Notable Features |
|---|---|---|
| Elementary | Parkway Hills Elementary, Creekside Elementary | Strong community involvement, focus on reading and STEM foundations |
| Middle School | Parkway Hills Middle School | Robust extracurriculars, honors classes, music and arts programs |
| High School | Parkway Hills High School | College prep courses, career and technical pathways, athletics |
| Private & Nearby Options | Regional private academies and faith-based schools | Smaller class sizes, specialized curricula, alternative learning environments |
Families in Parkway Hills, IN, often highlight the schools as a key advantage, especially when combined with the relatively affordable housing stock. Advanced placement programs, after-school activities, and sports teams provide students with a range of opportunities to excel academically and socially.
Living In Parkway Hills IN Balancing Salary And Lifestyle
When evaluating the salary and cost of living in Parkway Hills, IN, a clear picture emerges of a community that offers both financial practicality and a high quality of life. Average salaries in Parkway Hills, Indiana, generally support comfortable living, particularly when combined with reasonable housing costs and a moderate overall cost of living index.
Residents benefit from access to nearby employment centers, a growing selection of modern homes and rental communities, and several well-regarded neighborhoods such as Parkway Meadows, Hillside Estates, Creekside Village, and Parkway Commons. Furthermore, the presence of solid public schools enhances the appeal of Parkway Hills, IN, for families with children.
For those considering a move or an investment, Parkway Hills offers a compelling blend of affordability, community amenities, and long-term growth potential. By carefully reviewing average salaries, cost-of-living factors, home values, neighborhood profiles, and school options, individuals and families can decide whether Parkway Hills, Indiana, is the right place to call home.


Frequently Asked Questions About Living in Parkway Hills, IN
What is the overall cost of living in Parkway Hills, IN?
What are the school options like in Parkway Hills, IN?
What is the community atmosphere like in Parkway Hills, IN?
What transportation and commuting options are available in Parkway Hills, IN?
What amenities and recreational opportunities are available in Parkway Hills, IN?
latest video
news via inbox
Sign up to get local tips delivered to your inbox.

