Economic Development

Greater Louisville Region Population Data

County	2000	2010	2018 (est.)	2023 (pr.)
Bullitt (KY)	61,241	74,319	80,188	83,271
Clark (IN)	96,473	110,232	117,481	121,720
Floyd (IN)	70,821	74,578	77,506	79,401
Harrison (IN)	34,327	39,364	40,105	40,924
Henry (KY)	15,060	15,416	16,024	16,528
Jefferson (KY)	693,614	741,096	769,804	787,262
Oldham (KY)	46,179	60,316	66,857	70,195
Scott (IN)	22,960	24,181	23,708	23,747
Shelby (KY)	33,338	42,074	47,497	50,176
Spencer (KY)	11,765	17,061	18,621	19,491
Trimble (KY)	8,125	8,809	8,524	8,398
Washington (IN)	27,223	28,262	27,558	27,458
12 County Louisville MSA	1,121,126	1,235,708	1,293,873	1,328,571
Hardin (KY)	94,174	105,543	107,347	108,571
Meade (KY)	26,349	28,602	27,790	27,384
Nelson (KY)	37,477	43,437	46,084	47,633
15 County Advance Greater Louisville Region	1,279,126	1,413,290	1,475,094	1,512,159

Source: Environics Analytics, Claritas 2018

12-County Louisville MSA Age Distribution

Age	2000 (%)	2018 (est.%)
Under 18	24.6	22.49
18-24	8.8	8.66
25-34	13.6	13.13
35-44	17.1	12.88
45-54	12.8	13.27
55-64	10.6	13.65
65 and Over	12.5	15.91

12-County Louisville MSA
Age Distribution - Median Age - 39.44
Source: Environics Analytics, Claritas 2018

15-County Greater Louisville Region Age Distribution

Age	2018 (est.%)
Under 18	22.70
18-24	8.77
25-34	13.06
35-44	12.86
45-54	13.29
55-64	13.60
65 and Over	15.74

Age Distribution - Median Age - 39.27 Source: Environics Analytics, Claritas 2018

Crime Rate in the United States, 2016

Metropolitan Statistical Area	Violent Crime (Rate per 100,000 inhabitants)	Property Crime (Rate per 100,000 inhabitants)
Louisville/Jefferson County, KY-IN	437.8	3,358.9
Elizabethtown-Fort Knox, KY	122.1	997.9
Atlanta-Sandy Springs-Roswell, GA	403.2	2,998.3
Austin-Round Rock, TX	316.9	2,555.2
Charleston-North Charleston, SC	418.1	2,845.9
Columbus, OH	284.9	2,911.2
Indianapolis-Carmel-Anderson, IN	713.4	3,206.9
Memphis, TN-MS-AR	1,082.1	3,868.2
Nashville-Davidson-Murfreesboro-Franklin, TN	621.6	2,478.3
Omaha-Council Bluffs, NE	351.2	2,751.4

Source: FBI.gov, 2016,

Updated February 2018

2018 Estimated Average Travel Time to Work

Area	Travel Time in Minutes
Bullitt (KY)	31
Clark (IN)	27
Floyd (IN)	25
Harrison (IN)	33
Henry (KY)	33
Jefferson (KY)	25
Oldham (KY)	29
Scott (IN)	28
Shelby (KY)	27
Spencer (KY)	36
Trimble (KY)	32
Washington (IN)	35
12 County Louisville MSA	26.63
Hardin (KY)	25
Meade (KY)	33
Nelson (KY)	29
15 County Region	26.69

Sources: Environics Analytics, Claritas 2018

15-County Greater Louisville Educational Attainment

2018 Estimated Population Age 25+	1,010,983
Less than 9th grade	37,010	3.66%
Some High School, no diploma	72,661	7.19%
High School Graduate (or GED)	314,188	31.08%
Some College, No Degree	224,104	22.17%
Associate Degree	81,001	8.51%
Bachelor's Degree	166,449	16.46%
Master's Degree	81,347	8.05%
Professional School Degree	19,384	1.92%
Doctorate Degree	9,839	.97%

Source: Environics Analytics, Claritas 2018

Occupational Employment Statistics 12-County Louisville MSA

Occupation	Employment	Emp. RSE	Median hourly wage	Mean hourly wage	Annual mean wage	Mean wage RSE
All Occupations	643,840	1.3%	$16.84	$21.28	$44,270	1.2%
Management Occupations	29,690	2.1%	$40.98	$48.33	$100,530	1.2%
Business and Financial Operations Occupations	27,520	3.6%	$27.23	$30.34	$63,100	1.9%
Computer and Mathematical Occupations	13,860	5.4%	$33.66	$34.99	$72,790	1.5%
Architecture and Engineering Occupations	7,620	4.7%	$31.74	$33.29	$69,230	2.1%
Life, Physical, and Social Science Occupations	2,240	6.9%	$26.56	$28.97	$60,250	3.4%
Community and Social Service Occupations	7,490	4.9%	$19.30	$21.17	$44,040	4.2%
Legal Occupations	3,540	3.6%	$28.72	$37.15	$77,260	5.1%
Education, Training, and Library Occupations	28,320	2.3%	$23.77	$25.04	$52,070	3.2%
Arts, Design, Entertainment, Sports, and Media Occupations	6,730	6.9%	$18.53	$22.03	$45,810	2.4%
Healthcare Practitioners and Technical Occupations	43,300	4.4%	$28.33	$34.82	$72,430	4.7%
Healthcare Support Occupations	16,140	4.0%	$13.72	$14.86	$30,900	1.9%
Protective Service Occupations	13,140	4.7%	$15.12	$17.19	$35,760	5.2%
Food Preparation and Serving Related Occupations	59,980	1.3%	$9.15	$10.22	$21,260	1.5%
Building and Grounds Cleaning and Maintenance Occupations	16,610	2.7%	$11.52	$12.54	$26,090	2.7%
Personal Care and Service Occupations	19,540	4.1%	$10.40	$11.96	$24,880	1.8%
Sales and Related Occupations	61,530	2.3%	$12.05	$18.26	$37,980	2.2%
Office and Administrative Support Occupations	102,630	3.4%	$16.06	$17.06	$35,490	0.7%
Farming, Fishing, and Forestry Occupations	700	30.4%	$13.68	$14.90	$30,980	3.7%
Construction and Extraction Occupations	22,400	3.7%	$20.19	$21.86	$45,470	2.3%
Installation, Maintenance, and Repair Occupations	27,070	3.2%	$20.35	$22.11	$46,000	1.9%
Production Occupations	62,460	5.3%	$16.59	$18.04	$37,520	4.4%
Transportation and Material Moving Occupations	66,340	2.8%	$14.75	$19.11	$39,750	9.4%

Source: U.S. Dept. of Labor, Bureau of Labor Statistics, May 2016,

Updated February 2018

Employment Trends by Industry for Louisville Metropolitan Statistical Area

Industry	2014	2015	2016	2017
Total Non-Farm	626,100	642,700	660,300	673,500
Mining, Logging & Construction	27,000	28,400	28,300	30,500
Trade, Transportation & Utilities	136,400	141,600	146,800	149,500 (prelim)
Manufacturing	73,900	76,600	81,700	83.500
Information	9,300	9,000	9,100	9,200
Financial Activities	44,700	45,800	46,400	46,700 (prelim)
Professional & Business Services	81,000	85,000	86,500	90,000 (prelim)
Education & Health Services	84,800	86,600	89,600	90,700
Leisure & Hospitality	65,100	66,600	68,400	70,200
Other Services	24,900	25,100	25,900	25,700
Government	79,000	78,000	77,600	77,400

Source: U.S. Dept. of Labor, Bureau of Labor Statistics

Annual Averages

https://www.bls.gov/eag/eag.ky_louisville_msa.htm/

Updated February 2018

15-County Greater Louisville Region Ethnic Composition

Ethnic Origin	2000	2017 (est.)	2018 (est.)
White	83.60%	79.47%	79.23%
Black/ African American	13.88%	13.94%	13.98%
Asian	1.15%	1.91%	2.02%
American Indian & Alaska Native	0.21%	0.26%	.25%
Hispanic or Latino	1.01%	4.66%	4.74%

Source: Environics Analytics, Claritas 2018

Greater Louisville Region Household Data

County	2000	2010	2017 (est.)	2018 (est.)
Bullitt (KY)	22,173	27,673	30,184	30,328
Clark (IN)	38,752	44,248	46,961	47,210
Floyd (IN)	27,509	29,479	30,924	30,997
Harrison (IN)	12,918	15,192	15,570	15,699
Henry (KY)	5,844	5,963	6,077	6,194
Jefferson (KY)	287,011	309,175	322,025	322,351
Oldham (KY)	14,856	19,431	21,000	21,358
Scott (IN)	8,823	9,397	9,274	9,279
Shelby (KY)	12,103	15,321	16,988	17,296
Spencer (KY)	4,251	6,165	6,550	6,720
Trimble (KY)	3,137	3,420	3,409	3,315
Washington (IN)	10,264	10,850	10,726	10,659
12 County Louisville MSA	447,650	496,314	519,788	514,686
Hardin (KY)	34,497	39,853	40,180	40,951
Meade (KY)	9,471	10,471	10,027	10,292
Nelson (KY)	13,954	16,826	17,927	18,170
15 County Advance Greater Louisville Region	505,572	563,464	587,922	584,099

Source: Environics Analytics, Claritas 2018

15-County Greater Louisville Region Income

Income	2000	2017 (est.)	2018 (est.)
Median household income	$42,139	$53,988	$57,139
Average household income	$55,699	$72,794	$77,401

Source: Environics Analytics, Claritas 2018

Louisville Metropolitan Statistical Area Workforce Statistics

	1990¹	2000²	2010³	Nov. 2017⁴
Civilian Workforce	549,884	610,050	636,946	665,012
Employed	521,646	588,122	571,183	638,793
Unemployed	28,238	21,928	62,692	26,219
Unemployment Rate	5.1%	3.6%	10.3%	3.9%

¹In 1990, the Louisville Metropolitan Statistical Area was defined by the Federal Office of Management and Budget to include the following counties: Bullitt, Jefferson, Oldham and Shelby counties in Kentucky and Clark, Floyd and Harrison counties in Indiana.

²In 1993, the Federal Office of Management and Budget revised the Louisville Metropolitan Statistical Area to include the following counties: Bullitt, Jefferson and Oldham counties in Kentucky; Clark, Floyd, Harrison and Scott counties in Indiana.

³In 2009, the Federal Office of Management and Budget revised the Louisville Metropolitan Statistical Area to include the following counties: Bullitt, Henry, Jefferson, Meade, Nelson, Oldham, Shelby, Spencer and Trimble counties in Kentucky; Clark, Floyd, Harrison and Washington counties in Indiana.

⁴In 2013, the Federal Office of Management and Budget revised the Louisville Metropolitan Statistical Area to include the following counties: Bullitt, Henry, Jefferson, Oldham, Shelby, Spencer and Trimble counties in Kentucky; Clark, Floyd, Harrison, Scott and Washington counties in Indiana.

Sources: U.S. Bureau of Labor Statistics https://www.bls.gov/lau/metrossa.htm

Updated February 2018

Cost of Living

MSA	Overall	Grocery	Housing	Utilities	Transportation	Healthcare	Miscellaneous
Louisville	92.3	89.7	79.7	94.7	103.3	93.6	99.9
Atlanta	99.0	105.6	94.4	85.8	101.0	107.9	102.1
Austin	97.5	88.1	101.9	88.2	93.3	99.7	100.9
Baltimore	117.0	107.6	146.9	107.7	102.9	91.9	106.0
Boston	148.2	106.2	207.0	141.8	110.8	135.8	130.0
Charlotte	96.2	96.6	86.7	100.0	96.3	105.4	101.4
Chicago	123.6	108.6	155.6	90.7	126.6	101.6	115.1
Columbus	89.7	99.2	76.9	78.2	96.9	92.4	97.5
Dallas	102.1	95.1	104.9	104.8	99.3	101.5	102.5
Denver	112.0	98.3	133.5	94.0	105.5	105.7	107.6
Greenville	94.7	99.5	75.8	107.1	92.1	106.4	103.6
Indianapolis	92.6	93.3	80.8	98.2	94.2	94.2	99.7
Los Angeles	148.0	113.9	240.8	107.1	125.6	109.2	108.9
Nashville	96.7	97.3	91.1	90.4	100.3	81.9	103.9
New York	238.6	138.8	494.6	118.3	130.0	115.5	148.9
Pittsburgh	99.6	110.8	91.5	110.6	106.7	94.1	97.6
Portland	129.3	115.6	179.0	78.4	106.3	107.5	117.8
Salt Lake City	97.1	107.2	94.1	75.7	103.5	99.0	99.7
St. Louis	90.6	105.2	71.7	114.5	95.8	95.9	91.3
Washington, DC	144.3	117.1	233.3	103.0	109.7	106.8	108.7

Source: C2ER 2017 Annual Average Data

Updated February 2018

Cost of Doing Business

With its pro-business attitude, low cost of doing business and low taxes, Greater Louisville offers a supportive and progressive climate for business. The region's dynamic, diversified economy has out-performed the U.S. in job and income growth on a per capita basis throughout the last decade.

Look at how low Louisville's business costs are in comparison with other cities:

MSA	Overall Cost	Labor	Energy	Taxes	Office Rent
Louisville	88.55	99.16	84.77	86.26	70.02
Atlanta	94.47	104.39	91.05	75.12	82.62
Austin	103.87	98.52	108.48	60.45	124.54
Baltimore	112.36	105.93	133.15	82.49	111.32
Boston	130.15	118.49	180.31	85.84	142.95
Charlotte	88.75	98.45	79.63	80.24	80.80
Chicago	102.63	104.22	90.75	81.55	109.51
Columbus	97.59	95.99	108.85	93.61	88.77
Dallas	97.22	98.10	108.48	62.87	98.24
Denver	103.47	116.03	94.48	63.63	99.22
Greenville	84.85	89.73	86.33	78.43	74.15
Indianapolis	91.44	93.24	102.52	92.92	73.41
Los Angeles	112.58	99.66	151.18	95.64	123.02
Nashville	86.92	101.45	93.45	64.30	53.65
New York	163.64	99.19	221.34	113.49	288.22
Pittsburgh	98.97	92.72	123.96	91.53	85.06
Portland	99.00	102.49	87.23	83.02	110.70
Salt Lake City	94.09	104.82	82.53	84.87	87.04
St. Louis	91.82	101.27	80.32	73.07	90.68
Washington, DC	117.88	107.59	78.80	79.41	166.15

Source: North American Business Cost Review, 2017

Updated February 2018