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Apartments For Rent in Louisville, KY

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Apartments for Rent in Louisville, KY

A medium-sized city located in Kentucky, Louisville has a population of slightly less than 250,000. The city's population, at an average age of just over 37, is younger than most cities in Kentucky. Renters slightly outnumber homeowners in Louisville by a narrow 54%-46% margin. The average rent of $746 a month is roughly on par with the state average.

There are three primary industries in Louisville: healthcare, entertainment, and retail. Combined, these industries account for 19% of the city's labor force. Meanwhile, looking at job function, many residents work in sales, as 7% of the city's population reports this as their field of work, the highest number of any field. With an average annual income of just over $52,000, Louisville workers take home around $10,000 less than their peers elsewhere in the state. The city's average income also trails the national average of $73,345. Eleven percent of Louisville residents older than 25 have earned a Bachelor's degree, while 7% possess a Master's degree or Doctorate.

With an average commute time of about 23 minutes, shorter than most cities in the state, Louisville residents have found that it isn't overly time-consuming to travel to work. Driving a vehicle is the prevailing means of commuting to work, opted for by 37% of workers, while public transportation isn't used extensively. A small percentage of commuters (2%) walk to work, though the number surpasses the national average.