Louisville is a city located on the Falls of the Ohio River and is famous for many things, including the Kentucky Derby, the Louisville Cardinals college teams, and its status as a food hub, with franchises such as KFC, Pizza Hut, and Taco Bell having their roots in the city. Louisville is also the birthplace of the cheeseburger and is home to 95% of the world’s bourbon production.
The city has experienced significant population growth in the last 50 years, with its population increasing from 746,000 to 1,116,000. In addition, Louisville is within a day’s drive of two-thirds of the US population, making it easily accessible for those looking to relocate. Thankfully, Louisville still boasts a low cost of living, ranking 91.8 out of 100 within Jefferson County, with goods, housing, and utilities all below average costs.
A Vibrant Culture and Economy
One of the biggest reasons that Louisville is a great place to live is its economy, with the UPS International Air Hub being the largest employer in the city. This has enabled Louisville to become a logistical hub for shipping, logistics, warehousing, transportation, and manufacturing. The city has also seen $22.8 billion in projects announced, started, or finished since 2014. The city also enjoys a mild climate, with 46 inches of rain, 9 inches of snow, and 195 sunny days per year. The summer average high is 88 degrees, and the winter average low is 26 degrees.
Louisville is home to some of the biggest cultural events in America, including the St. James Court Art Show, the Kentucky Derby, and the Forecastle Music Festival. There are also plenty of attractions in the city, such as the Downtown Bourbon Row, the Muhammad Ali Center, and the Louisville Slugger Museum and Factory. Churchill Downs is best known for hosting The Kentucky Derby, but it is also a great attraction all year round, with the Kentucky Derby Festival featuring over 70 special events.
Louisville Neighborhoods
There are over 150 neighborhoods in Louisville and Jefferson County, offering thousands of homes for families to browse, buy, and customize. Cherokee Seneca is one of the best neighborhoods to live in, with an average home value of $536,051 and local attractions such as Seneca Golf Course and Cherokee Park. Belknap has an average home value of $317,196 and attractions like Bellarmine University, the Louisville Zoo, and the Louisville Mega Cavern. Old Louisville has an average home value of $354,102 and the largest collection of restored Victorian homes in the country. Clifton has an average home value of $215,344 and attractions like The Silver Dollar, Headliners Music Hall, and Cave Hill Cemetery & Arboretum. The Highlands has an average home value of $235,507 and local attractions like the Highlands Tap Room and the Louisville Zoo.
In Conclusion
Louisville is a great place to live due to its strong economy, low cost of living, mild climate, and abundance of cultural events and attractions. With a variety of neighborhoods to choose from, families can find their dream home in this vibrant city.
Source: Finish Line Realty
