Louisville, KY
LOUISVILLE, KENTUCKY: Demographic and Financial Snapshot
(Last updated on 1.11.21)
HOUSING IN LOUISVILLE-JEFFERSON COUNTY, KENTUCKY
| Owner-occupied housing units | 147,856 |
| Renter-occupied housing units | 98,526 |
| Single-family detached units | 176,762 |
| Homeownership rate | 60.0% |
| Vacancy rate | 10.6% |
| Renters rate | 79.2% |
| 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 size | 2.44 |
| Percent population 16 years and over in labor force | 65.3% |
| Percent disabled | 14.8% |
| Percent with health coverage | 94.2% |
| Average travel time to work (in minutes) | 22.7 |
| Percent workers using public transportation | 3.1% |
| Percent veterans | 7.9% |
| Percent foreign born | 7.4% |
| Percent speaking Spanish at home | 2.3% |
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 collections | 37% |
| Average debt in collections | $1,140 |
| % with medical debt in collections | 22% |
| Average medical debt in collections | $486 |
| % with student loan debt | 19% |
| Average student loan debt | $20,087 |
| Average monthly student loan payment | $178 |
| % with auto debt | 26% |
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
| Year | Population | Percent |
| January 2019 | 16,973 | 4.3% |
| February 2019 | 17,115 | 4.3% |
| March 2019 | 17,494 | 4.3% |
| April 2019 | 15,384 | 3.8% |
| May 2019 | 16,160 | 4.0% |
| June 2019 | 18,562 | 4.6% |
| July 2019 | 19,466 | 4.8% |
| August 2019 | 16,161 | 4.0% |
| September 2019 | 14,673 | 3.6% |
| October 2019 | 14,130 | 3.5% |
| November 2019 | 13,875 | 3.5% |
| December 2019 | 13,743 | 3.4% |
| January 2020 | 16,505 | 4.1% |
| February 2020 | 14,846 | 3.7% |
| March 2020 | 18,747 | 4.7% |
| April 2020 | 64,305 | 16.5% |
| May 2020 | 45,358 | 11.7% |
| June 2020 | 20,217 | 5.3% |
| July 2020 | 19,190 | 5.3% |
| August 2020 | 30,586 | 7.7% |
| September 2020 | 21,035 | 5.6% |
| October 2020 | 28,392 | 7.4% |
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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