Middletown is a somewhat small city located in the state of Kentucky. With a population of 9,638 people and two associated neighborhoods, Middletown is the 45th largest community in Kentucky. Much of the housing stock in Middletown was built relatively recently. The construction of new real estate can often be taken as an indication that the local Middletown economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Middletown, where the median household income is $81,881.00.
Middletown real estate is some of the most expensive in Kentucky, although Middletown house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Middletown has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.69% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
If knowledge is power, Middletown is a pretty powerful place. 53.35% of the adults in Middletown have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Middletown in 2022 was $48,054, which is wealthy relative to Kentucky and the nation. This equates to an annual income of $192,216 for a family of four. However, Middletown contains both very wealthy and poor people as well.
Middletown is a somewhat ethnically-diverse city. The people who call Middletown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Middletown residents report their race to be White, followed by Black or African-American. Important ancestries of people in Middletown include English, German, Irish, Hungarian, and Italian.
The most common language spoken in Middletown is English. Other important languages spoken here include Polish and Chinese.