Jefferson County · Kentucky · South · 632k residents
Louisville, KY: economy, jobs & business costs
The site-selection read on Louisville: labor costs, talent, corporate tax, energy, and business activity, with the Kentucky median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,435/wk. Kentucky's corporate income tax rate is 5%. Commercial electricity averages 11.5¢/kWh.
Compare Louisville side by side
Avg. weekly wage
$1,435/wk
Corporate income tax
5%
Bachelor's degree or higher
33.8%
Commercial electricity
11.5¢/kWh
Economic momentum
How fast Louisville's economy is moving, ranked against the US cities we track.
16/100
Cooling
Ranks Louisville's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $250,000 |
| Price per sq. ft. | $150 |
| Property tax rate | 0.9% |
| 1-bedroom rent | $1,050/mo |
| 2-bedroom rent | $1,300/mo |
| State & local income tax | 5.9% |
| Sales tax | 6% |
| Corporate income tax | 5% |
| Avg. weekly wage | $1,435/wk |
| Bachelor's degree or higher | 33.8% |
| Commercial electricity | 11.5¢/kWh |
| Businesses per 1k residents | 43.0/1k |
| Wage: Software developer | $110,270 |
| Wage: Registered nurse | $84,850 |
| Wage: General manager | $89,140 |
| Wage: Customer service | $41,600 |
| Wage: Warehouse worker | $37,610 |
| Wage: Heavy truck driver | $59,000 |
| Wage: Electrician | $62,440 |
| Wage: Retail salesperson | $30,660 |
| Cost of living index | 89 |
| Groceries index | 94 |
| Utilities | $170/mo |
| Transit pass | $50/mo |
| Gas price | $3.00/gal |
| Healthcare index | 94 |
| Childcare (per child) | $950/mo |
| Median household income | $61,000 |
| Unemployment rate | 4.1% |
| Population | 632k |
| Crime index | 52/100 |
| School rating | 5.5/10 |
| Walkability | 35/100 |
| Disaster risk | 98/100 |
| Avg. commute | 23 min |
| Sunny days / year | 202 days |
| July high | 89°F |
| January low | 26°F |
| Annual snowfall | 4 in |
| Home price YoY | +1.6% |
| Home price MoM | -0.3% |
| Rent YoY | +2.6% |
| Rent MoM | +0.4% |
| Employment (jobs) YoY | -0.8% |
| Building permits YoY | — |
| Ocean coast | 496 mi |
| Big lake | 102 mi |
| Mountains | 224 mi |
| Major airport | 5 mi |
| Ski resort | 79 mi |
Popular comparisons
Nearby
- Shively, KY · 16k
- St. Matthews, KY · 18k
- Jeffersontown, KY · 29k
- Mount Washington, KY · 18k
- Shelbyville, KY · 18k
Similar size
- Lexington, KY · 324k
- Bowling Green, KY · 75k
- Owensboro, KY · 60k
- Covington, KY · 41k
- Georgetown, KY · 39k
Real listings in Louisville
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Louisville a good place to run a business?
- Kentucky's corporate income tax rate is 5%; average weekly wages in the surrounding labor market run $1,435/wk; commercial electricity averages 11.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Louisville, KY?
- Louisville indexes at 89 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,300/mo and a median home value of $250,000.
- How much does a house cost in Louisville?
- The median home value in Louisville is $250,000 (compiled estimate; individual listings vary).
- How much is rent in Louisville?
- A two-bedroom in Louisville rents for about $1,300/mo.