Living in Louisville, Tennessee
Cost of living, income, home prices, rent and demographics of Louisville · Census data 2020–2024
Louisville has 4,383 residents with a median age of 51. The median household income is $89,744 (29% higher than the Tennessee median), the median home value is $379,900, the median rent is $950/month.
Louisville at a glance
- Population
- 4,383
- Median age
- 51State: 38.9
- Median household income
- $89,744State: $69,595
- Median home value
- $379,900State: $286,700
- Median rent
- $950/moState: $1,189
- Homeowners
- 93.9%
- Bachelor's degree or higher
- 38.9%
- Average commute
- 24 min
Is Louisville a good place to live?
Pros: Median household income 29% higher than the Tennessee median; an average commute of 24 minutes; a poverty rate of 11.8%.
Cons: Home values 33% higher than the state median; unemployment of 5.1%.
The weather is best in April–May and September–October.
Cost of living in Louisville
Housing is the biggest part of the cost of living. In Louisville the median home value is $379,900, 14% higher than the U.S. median. Renters pay a median of $950 per month, which is 51% of household income. Homeowners with a mortgage pay $1,710 a month in housing costs.
Louisville median household income
The median household income in Louisville is $89,744 and the income per person is $71,448. 11.8% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Louisville: homes for sale and rent
- Housing units
- 2,041
- Owner-occupied
- 93.9%
- Renter-occupied
- 6.1%
- Vacant
- 11.2%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.40
Louisville demographics
- Population
- 4,383
- Median age
- 51
- Under 18
- 14.1%
- 65 and older
- 24.2%
- Households
- 1,813
- Foreign-born
- 2.8%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Louisville ›
Education in Louisville
38.9% of adults 25 and older in Louisville have a bachelor's degree or higher (Tennessee: 31.1%), and 19.9% have a graduate or professional degree.
Jobs and commute in Louisville
- Unemployment rate
- 5.1%State: 4.7%
- Average commute
- 24 minState: 26 min
- Work from home
- 13.1%
- Drive alone
- 75.9%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 92.1%
Louisville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Louisville | 4,383 | $89,744 | $379,900 | $950 |
| Alcoa | 12,222 | $65,714 | $277,100 | $1,282 |
| Friendsville | 980 | $69,063 | $217,800 | $1,357 |
| Maryville | 32,392 | $81,963 | $358,100 | $1,157 |
| Rockford | 824 | $71,094 | $283,500 | $965 |
| Eagleton Village | 5,598 | $71,875 | $197,700 | $1,124 |
| Farragut | 24,634 | $142,093 | $583,400 | $1,966 |
| Wildwood | 968 | $87,083 | $212,200 | $1,665 |
| Karns | 4,115 | $100,043 | $328,600 | $1,765 |
More for people moving to Louisville
Louisville ZIP code ›Weather and climate ›Living in Louisville: FAQ
What is the median household income in Louisville, TN?
The median household income in Louisville is $89,744, 29% higher than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Louisville?
The median home value in Louisville is $379,900, compared with $286,700 in Tennessee.
How much is rent in Louisville?
The median gross rent in Louisville is $950 per month, about 51% of household income.
Is Louisville, TN a good place to live?
Pluses: median household income 29% higher than the Tennessee median; an average commute of 24 minutes; a poverty rate of 11.8%. Minuses: home values 33% higher than the state median; unemployment of 5.1%.
What is the median age in Louisville?
The median age in Louisville is 51 years (Tennessee: 38.9).
How long is the commute in Louisville?
The average commute to work in Louisville is 24 minutes; 13.1% of workers work from home.
What is the unemployment rate in Louisville?
The unemployment rate in Louisville is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Louisville?
38.9% of adults in Louisville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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