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

Last Updated: January 31, 2026By Tags:
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?

The cost of living in Parkway Hills, IN, is generally moderate compared to larger metropolitan areas in the region. Housing tends to be more affordable than in nearby major cities, with a range of single-family homes and townhouses at competitive prices. Property taxes are in line with state averages, and everyday expenses such as groceries, utilities, and transportation are typically manageable for middle-income households. Residents often find they can enjoy a comfortable lifestyle without the higher costs associated with bigger urban centers.

What are the school options like in Parkway Hills, IN?

Parkway Hills, IN, is served by a public school district that offers elementary, middle, and high school options within a reasonable commuting distance. The schools are known for maintaining solid academic standards, offering a mix of college-preparatory and vocational programs, as well as extracurricular activities such as athletics, arts, and clubs. In addition to public schools, families may find access to nearby private and parochial schools in surrounding communities, giving parents multiple choices for their children’s education.

What is the community atmosphere like in Parkway Hills, IN?

The community atmosphere in Parkway Hills, IN, is generally quiet, family-oriented, and neighborly. Residents often describe it as a place where people know their neighbors and participate in local events such as seasonal festivals, sports leagues, and community gatherings. The area tends to attract families, professionals, and retirees who appreciate a suburban environment with a slower pace of life. Local civic and faith-based organizations provide additional opportunities for involvement, volunteering, and community-building.

What transportation and commuting options are available in Parkway Hills, IN?

Most residents of Parkway Hills, IN, rely on personal vehicles for daily transportation. The community has convenient access to regional highways, making it relatively easy to commute to nearby employment centers and larger cities. Public transportation options may be limited within the town itself, though some regional bus or rideshare services may be accessible depending on the exact location. Commute times are often reasonable, and traffic congestion is typically lighter than in major metropolitan areas.

What amenities and recreational opportunities are available in Parkway Hills, IN?

Residents of Parkway Hills, IN, have access to a variety of local amenities, including neighborhood parks, walking trails, and playgrounds suitable for outdoor recreation. The community typically offers convenient access to grocery stores, pharmacies, casual dining, and essential services. For more extensive shopping, entertainment, and cultural activities, residents can travel to nearby larger towns or cities. Local parks and community centers may host sports programs, fitness classes, and family-friendly events throughout the year, contributing to an active and engaging lifestyle.

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