Louisville 62 Average
Louisville Livability #198 ranked city in Tennessee#15,427 ranked city in the USARanks better than 47% of areas

Pros and Cons of Living in Louisville

PROS
  • Cost Of Living

    Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.

  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

  • Ratings

    Polls and surveys done by AreaVibes among area residents did not yield positive feedback when it came to the walkability of amenities, safety, nearby parks and the overall sense of community.

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What's it like Living in Louisville?

Located in the state of Tennessee, Louisville is a smaller city with a population of 4,151 inhabitants. The majority of Louisville residents report their race to be White; this is followed by Black and Asian. With an average age of 51 years, Louisville residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Louisville, your commute time will align closely with the national average, spanning a one-way duration of approximately 24 minutes.

If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a positive experience if you are willing to get to know the town before actually living in Louisville, Tennessee. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Louisville, AreaVibes has created a livability score using key metrics like amenities, health & safety, education and more.

Louisville has a livability score of 61/100 and is ranked #226 in Tennessee and #15,695 in the USA. If we check out each of the categories individually, we see that Louisville ranks well for crime (A+), cost of living (A+), employment (B+) and housing (B+). Unfortunately for Louisville, there are some categories for which it does not rank well, this includes: amenities (F) and education (D-).

The Louisville unemployment rate of 2.34% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Louisville excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Louisville. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Louisville are affordable. Median real estate prices in Louisville come in at $240,500, which is 64.7% higher than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Louisville, the home price to income ratio is 3.3, which is 6.5% higher than the Tennessee average.

Best Places to Live in and Around Louisville

See all the best places to live around Louisville

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Compare Louisville, TN Livability

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      Louisville transportation information

      Statistic Louisville Tennessee National
      Average one way commute24min25min26min
      Workers who drive to work88.0%83.6%76.4%
      Workers who carpool8.4%9.2%9.3%
      Workers who take public transit0.0%0.8%5.1%
      Workers who bicycle0.0%0.1%0.6%
      Workers who walk0.8%1.4%2.8%
      Working from home2.8%3.9%4.6%
      Source: The Louisville, TN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).