Crestwood is a somewhat small city located in the state of Kentucky. With a population of 6,350 people and three associated neighborhoods, Crestwood is the 75th largest community in Kentucky. Crestwood has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Crestwood, where the median household income is $110,147.00. Crestwood real estate is some of the most expensive in Kentucky, although Crestwood house values don't compare to the most expensive real estate in the U.S.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Crestwood is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Crestwood is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Crestwood who work in management occupations (16.68%), sales jobs (12.55%), and business and financial occupations (9.75%). Also of interest is that Crestwood has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Crestwood telecommute to their jobs. Overall, about 10.53% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Crestwood is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Crestwood’s overall crime rate is lower than average for the country. Being a small city, Crestwood does not have a public transit system used by locals to get to and from work.Crestwood is one of the most well-educated cities in the nation. 49.55% of adults in Crestwood have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. The per capita income in Crestwood in 2022 was $50,642, which is wealthy relative to Kentucky and the nation. This equates to an annual income of $202,568 for a family of four. Crestwood is a somewhat ethnically-diverse city. The people who call Crestwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Crestwood residents report their race to be White, followed by Black or African-American. Crestwood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.45% of the city’s residents. Important ancestries of people in Crestwood include German, English, Irish, Italian, and European. The most common language spoken in Crestwood is English. Other important languages spoken here include Spanish and Polish.
