Louisville, KY

LOUISVILLE, KENTUCKY: Demographic and Financial Snapshot

(Last updated on 1.11.21)

 

HOUSING IN LOUISVILLE-JEFFERSON COUNTY, KENTUCKY

Owner-occupied housing units147,856
Renter-occupied housing units98,526
Single-family detached units176,762
Homeownership rate60.0%
Vacancy rate10.6%
Renters rate79.2%
Average housing value$198,324
Average monthly owner cost (with mortgage)$939
Average rent$687

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Housing Characteristics

 

SOCIOECONOMIC CHARACTERISTICS IN LOUISVILLE-JEFFERSON COUNTY, KENTUCKY

Average income$71,647
Average household size2.44
Percent population 16 years and over in labor force65.3%
Percent disabled14.8%
Percent with health coverage94.2%
Average travel time to work (in minutes)22.7
Percent workers using public transportation3.1%
Percent veterans7.9%
Percent foreign born7.4%
Percent speaking Spanish at home2.3%

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Socioeconomic Characteristics

 

CONSUMER SPENDING IN LOUISVILLE-JEFFERSON COUNTY, KENTUCKY

Total consumer expenditures per household$75,055.62
Alcoholic beverages$572.59
Alcoholic beverages consumed at home$340.49
Beer consumed away from home$99.91
Wine consumed away from home$51.63
Apparel & services$2,131.20
Men’s apparel$408.33
Women’s apparel$718.43
Children’s apparel$326.31
Boys’ apparel$112.99
Girls’ apparel$124.09
Footwear$474.02
Dining out (food away from home)$3,679.19
Dining out – Breakfast$370.42
Dining out – Lunch$1,144.18
Dining out – Dinner$1,715.03
Education$1,567.06
Entertainment / recreation$3,293.02
Club membership fees$234.31
Dating services$0.73
Pet food$271.58
Pet services$67.46
Food consumed at home$5,192.02
Bakery products consumed at home$683.08
Dairy products consumed at home$537.41
Fruits and vegetables consumed at home$1,013.16
Meat, poultry, fish, eggs consumed at home$1,139.48
Nonalcoholic beverages consumed at home$509.13
Snacks / other food products consumed at home$1,818.89
Health care$6,105.69
Medical services$1,130.01
Nonprescription drugs$148.10
Household Services$2,088.63
Care for the elderly and handicapped$76.89
Lawn and garden services$479.62
Housekeeping services$181.03
PC repair$6.61
Housing$23,237.80
Home improvements$2,760.88
Utilities, fuel, and public services$4,942.26
Phone services$1,768.42
Water$739.08
Life and other insurance$476.75
Pensions and social security$8,176.09
Personal care products and services$904.46
Hair care products$109.05
Personal care products$395.80
Local transportation$8,632.78
Gasoline$2,234.77
Vehicle maintenance and repair$1,171.30
Travel$2,239.93
Airline fares$533.60
Auto / truck rental on trips$26.35
Lodging on trips$623.67
Food and drink on trips$539.40
Entertainment on trips$192.38

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Consumer Spending (Consumer expenditures per household)

 

DEBT IN LOUISVILLE-JEFFERSON COUNTY, KENTUCKY

% with any debt in collections37%
Average debt in collections$1,140
% with medical debt in collections22%
Average medical debt in collections$486
% with student loan debt19%
Average student loan debt$20,087
Average monthly student loan payment$178
% with auto debt26%

Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program
: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point
: Consumer Debt

 

UNEMPLOYMENT IN LOUISVILLE-JEFFERSON COUNTY, KENTUCKY

YearPopulationPercent
January 201916,9734.3%
February 201917,1154.3%
March 201917,4944.3%
April 201915,3843.8%
May 201916,1604.0%
June 201918,5624.6%
July 201919,4664.8%
August 201916,1614.0%
September 201914,6733.6%
October 201914,1303.5%
November 201913,8753.5%
December 201913,7433.4%
January 202016,5054.1%
February 202014,8463.7%
March 202018,7474.7%
April 202064,30516.5%
May 202045,35811.7%
June 202020,2175.3%
July 202019,1905.3%
August 202030,5867.7%
September 202021,0355.6%
October 202028,3927.4%

Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program
: Local Area Employment Statistics
Data Point
: Unemployment totals (not seasonally adjusted)

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