Located in the state of Kentucky, Louisville is a highly populated city with a population of 611,573 residents. According to the most recent Census, 71% of Louisville residents are White, 23% Black and 2% Asian. If you are not a fan of long commutes, you will enjoy living in Louisville. With average one way commute time of only 22 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Louisville, Kentucky could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Louisville, AreaVibes has created a livability score using key metrics like education, employment, housing and more.
Louisville, KY receives 60/100 for its livability score; this results in a ranking of #357 in Kentucky and #17,554 in the USA. This score ranks well below the US average. With such a low livability score, it might be worth investigating a little further. If we consider each of the categories on their own, we see that Louisville ranks well for cost of living (A+) and housing (A). Louisville does not fare well for the following: amenities (F), crime (F) and education (D-). It might be a good idea to take a closer look at each category to find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Louisville has an unemployment rate of 1.27% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and apartments for rent in Louisville can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Louisville real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Louisville. The median home price for Louisville homes is $143,100, which is 13.5% higher than the Kentucky average. If we take a closer look at the affordability of homes in Louisville, we’ll see that the home price to income ratio is 3.1, which is 10.7% higher than the Kentucky average.
| Statistic | Louisville | Kentucky | National |
| Average one way commute | 22min | 23min | 26min |
| Workers who drive to work | 81.0% | 82.2% | 76.4% |
| Workers who carpool | 8.7% | 9.7% | 9.3% |
| Workers who take public transit | 3.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.4% | 0.2% | 0.6% |
| Workers who walk | 2.3% | 2.4% | 2.8% |
| Working from home | 3.3% | 3.3% | 4.6% |
| Walk | Bike | Compact | Car | S.U.V. | |
|---|---|---|---|---|---|
| Distance | |||||
| Duration | |||||
| Cost/Month |
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