Louisville

Listings in Louisville

Louisville, KY. is ranked the 30th biggest city (by population) in the US. It is the largest city in Kentucky. The metropolitan area of Louisville (Jefferson Co., Oldham Co., and Bullitt Co. in Kentucky and Clark Co., Floyd Co., Harrison Co., and Scott Co. in Indiana). With an estimated population of 1.3 million.

Also known as “The Ville”, it is famous for the University of Louisville, located just south of downtown, representing the  Louisville Cardinals. The city is home to the Kentucky Derby since 1875 Churchill downs is the first-leg of the triple crown event. Muhammad Ali was born and raised in Louisville, he is called “The Greatest” because of his success in his boxing career. Louisville is known as the gateway to the bourbon trail because there are six distilleries alone in the area.

Economy
Louisville, KY. employs 616,261 people. Largely employing Transportation and Warehousing, Manufacturing and Utilities. The average income of a single resident is $26,621 a year, and the median household income is $48,996 a year. The average Male in Louisville is paid 1.39 times higher than the average female.
The highest paid race/ethnicity is Asian, followed by Alaska Native, with white as the lowest.
The order of race/ethnicity living below the poverty line is White, followed by Black or African American and Hispanic or Latino. The average unemployment rate is 3.9%, and the poverty rate is 14%

Cost of Living
Louisville’s cost of living is 12.10% lower than the US Average.

Population
The population is 616,261, there is a population density of 2,333. The median age is 37.7. There is approximately 2.4 people per household.
The race/ethnicity is 66.1% of White, 23.3% of Black or African American, and 9.2% of Hispanic or Latino, makes up Louisville’s diversity.

Transportation
The average commute time is 21.5 minutes one way to work.
Most households in Louisville have 2 cars, followed by 1 car.
The average commuting statistics are as follows. 80.5% drive alone, 8.25% carpool, and 4.3% work at home.

Real Estate
The median property value for Louisville is $150,900. Home appreciation over the last 10 years has been 6.33%.
The average range for property taxes ranges between $800-1500.

Schools
Louisville public schools spend about $12,392 per student. There are 17.2 students per teacher, 454 students per librarian, and 397 students per counselor.
The female student ratio is 602, to male 109. Most students race/ethnicity in Louisville are white 54.6%, followed by Black or African American 30.1%, Asian 7.17%, and Hispanic or Latino 3.8%.
The largest post-graduates schools are Brown Mackie College-Louisville, Daymar College-Online, and Trend Setters’ Academy of Beauty Culture- Louisville. The most popular major being Medical Assistant 83.5%, Medical Office Assistant 5.63%, and Occupational Therapist Assistant 4.92%.

Safety
Louisville  Violent Crime 52.8 (on average 4,518).
Louisville Property Crime 51.2 (on average 28,737).

History
This city was established in 1778, founded by George Rogers Clark, and is named after King Louie XVI of France because he helped in assistance during the Revolutionary War.

Consider reading our Guide to Buying a Home or learning more about Buyer’s Agency.  Also, if you are interested in selling your home consider reading our Guide to Selling a Home.  See recently sold homes in this area.  You can also do a MLS map search.

Finally, if you are considering viewing any of the homes or listings for sale in the neighborhoods in the Louisville area please contact the Gilezan Team today.