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Louisville Kentucky: The Gateway to the South

By Anita Cooper | September 11, 2018

Louisville is the largest city in the Commonwealth of Kentucky, located along the border between Indiana and Kentucky on the banks of the Ohio River.

Known as the “Gateway to The South”, Louisville is influenced by both Southern and Midwestern culture, offering a great lifestyle for residents and an exciting place to visit.


Louisville has been ranked at 87.9 out of 100 in terms of affordability, making it a great place for families in search of affordable housing, great schools and a good quality of life.

Housing market

The housing market in Louisville is strong, especially for homes priced below $400k, which are routinely selling in two months or less.

On the whole, as of the second quarter of 2018, these sellers are getting almost 100 percent of their asking price, which points to a limited supply and increasing demand.

Demographics

The Louisville/Jefferson County area is home to over half a million people, more than half of them between the ages of 18 and 65.

Homeowners comprise a large proportion - nearly 60% - of individuals living, working and raising their families in the Louisville region.

Education

There are 162 public, 98 private and 27 post-secondary schools in the area. For those parents who choose to homeschool their children, the regulations are simple and easy to comply with.

The average student to teacher to ratio is low at 16:1, and the average test scores ratio is at 40%. By comparison, Kentucky as a whole is at 47% while the nation is at 49%.

Shopping

Residents have access to a wide variety of shopping options to meet their needs.

Fresh, organic produce is available at farmers’ markets in a number of different locations across the city. Galan’s Meat Market and Deli offers a variety of selection of fresh meats while the very popular Lucky’s Market offers a wide selection of organic meat and produce at reasonable prices.

While there are chain stores such as Walmart, specialty stores abound in Louisville, giving residents a lot of options for their gift giving and general household needs.

Industries

Louisville, with its mild climate and accessibility to river transport, has historically been an agricultural and mining state. In recent years, however, the city has diversified its economic base, adding manufacturing of durable goods such as cars and appliances.

It’s also adding hi-tech and skilled labor employment opportunities.

It was ranked #1 in 2003 by Entrepreneur magazine as the “Best City for Small Business and Growth”, and 2nd in a list titled “Top 25 Best Cities for Entrepreneurs.”

Some fortune 500 companies calling Louisville home include:

  • Yum! Brands, Inc. (Kentucky Fried Chicken)
  • Kindred Healthcare
  • Humana Inc.
  • Ford Motor Co. (Explorer, Sport Trac, Mountaineer, commercial light trucks, F-Series pickups)

Activities and entertainment

Kentucky Derby

The first Saturday in May, women dressed to the nines and gents in their finest gather together to watch the iconic Kentucky Derby horse race at Churchill Downs.

Kentucky Derby Museum

If you didn’t make the race, you can still bask in the excitement and thrill of the Derby with a visit to the Kentucky Derby Museum. You’ll gain lots of race trivia and learn more about what goes on behind the scenes.

Louisville Mega Cavern

Fancy some spelunking?

More than just cave exploration, the Louisville Mega Cavern is home to “the world’s only underground zip line adventure tour”.

Ziplining underground...who could ask for more?

Actors Theatre of Louisville

A variety of shows, including locally written material to traveling shows and/or the classics (e.g. Christmas Carol), the Actors Theatre of Louisville has something that will please everyone.

Real Estate Agencies

Following is a list of the largest real estate agencies  with a long history of providing quality real estate services to the residents of Louisville.

If you’re considering a move to Louisville, any one of these real estate agencies can help you choose your new home.:

From a great climate and every conceivable amenity to friendly, generous people and affordable housing, Louisville has a lot to offer.

Anita Cooper is a copy and content writer with a vendetta against bad copy. She helps real estate tech companies grow their pipeline by providing lead gen copy and content.

Have world real estate news to share?If you do and would like to interview, feel free to contact Anita at [email protected].
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