Economic Development

Greater Louisville Inc. provides confidential relocation and economic development services in close collaboration with our regional partners.

Call on us for:

Site Selection / Assist with contact and coordination with real estate brokers
Community Networking / Provide introductions to business leaders across various industries
Workforce / Connect businesses to workforce services and programs
Talent Attraction / Collaborate with regional representatives to attract talented professionals
Research / Provide data and research on various industries, the community, and other topics
Incentives / Facilitate introductions to community representatives to execute incentive opportunities

Greater Louisville Population Data

County	2000	2010	2019 (est.)
Bullitt (KY)	61,241	74,319	81,511
Clark (IN)	96,473	110,232	118,496
Floyd (IN)	70,821	74,578	77,560
Harrison (IN)	34,327	39,364	40,168
Henry (KY)	15,060	15,416	16,219
Jefferson (KY)	693,614	741,096	776,768
Oldham (KY)	46,179	60,316	67,780
Scott (IN)	22,960	24,181	23,947
Shelby (KY)	33,338	42,074	48,596
Spencer (KY)	11,765	17,061	18,853
Trimble (KY)	8,125	8,809	8,473
Washington (IN)	27,223	28,262	27,816
12 County Louisville MSA	1,121,126	1,235,708	1,306,187
Hardin (KY)	94,174	105,543	108,545
Meade (KY)	26,349	28,602	27,986
Nelson (KY)	37,477	43,437	46,013
15 County Advance Greater Louisville Region	1,279,126	1,413,290	1,488,731

Source: Environics Analytics, Claritas 2019

12-County Louisville MSA Age Distribution

Age	2000 (%)	2018 (est.%)
Under 18	24.6	22.39
18-24	8.8	8.59
25-34	13.6	13.22
35-44	17.1	12.81
45-54	12.8	13.05
55-64	10.6	13.59
65 and Over	12.5	16.34

12-County Louisville MSA
Age Distribution - Median Age - 39.51
Source: Environics Analytics, Claritas 2019

15-County Greater Louisville Region Age Distribution

Age	2019 (est.%)
Under 18	26.32
18-24	8.69
25-34	13.16
35-44	12.79
45-54	13.07
55-64	13.56
65 and Over	16.17

Age Distribution - Median Age - 39.36 Source: Environics Analytics, Claritas 2019

Crime Rate in the United States, 2017

Metropolitan Statistical Area	Violent Crime (Rate per 100,000 inhabitants)	Property Crime (Rate per 100,000 inhabitants)
Louisville/Jefferson County, KY-IN	417.7	3,094.7
Elizabethtown-Fort Knox, KY	113.0	1,210.4
Atlanta-Sandy Springs-Roswell, GA	367.6	2,865.7
Austin-Round Rock, TX	306.3	2,344.4
Charleston-North Charleston, SC	412.1	n/a
Columbus, OH	290.7	2,865.6
Indianapolis-Carmel-Anderson, IN	694.5	2,882.4
Memphis, TN-MS-AR	1,168.3	4,228.7
Nashville-Davidson-Murfreesboro-Franklin, TN	624.9	2,558.6
Omaha-Council Bluffs, NE	384.5	2,764.9

Source: FBI.gov, 2017, https://ucr.fbi.gov/crime-in-the-u.s/2017/crime-in-the-u.s.-2017/tables/table-6

Updated April 2019

2019 Estimated Average Travel Time to Work

Area	Travel Time in Minutes
Bullitt (KY)	31
Clark (IN)	26
Floyd (IN)	25
Harrison (IN)	33
Henry (KY)	34
Jefferson (KY)	25
Oldham (KY)	30
Scott (IN)	27
Shelby (KY)	27
Spencer (KY)	35
Trimble (KY)	32
Washington (IN)	35
12 County Louisville MSA	30
Hardin (KY)	24
Meade (KY)	33
Nelson (KY)	29
15 County Region	30

Sources: Environics Analytics, Claritas 2019

15-County Greater Louisville Educational Attainment

2019 Estimated Population Age 25+	1,023,375
Less than 9th grade	33,559	3.28%
Some High School, no diploma	74,665	7.30%
High School Graduate (or GED)	309,301	30.22%
Some College, No Degree	236,329	23.09%
Associate Degree	92,152	9.01%
Bachelor's Degree	167,224	16.34%
Master's Degree	80,687	7.88%
Professional School Degree	19,855	1.94%
Doctorate Degree	9,603	.94%

Source: Environics Analytics, Claritas 2019

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	652,100	1.3%	$17.47	$21.99	$45,740	1.5%
Management Occupations	30,890	2.6%	$42.37	$49.67	$103,320	1.5%
Business and Financial Operations Occupations	30,420	5.8%	$28.26	$31.07	$64,630	1.6%
Computer and Mathematical Occupations	16,760	5.9%	$34.92	$36.00	$74,870	2.0%
Architecture and Engineering Occupations	10,470	13.4%	$34.38	$35.85	$74,560	2.2%
Life, Physical, and Social Science Occupations	2,280	10.3%	$30.32	$33.92	$70,550	2.9%
Community and Social Service Occupations	8,020	5.3%	$19.45	$21.44	$44,600	2.9%
Legal Occupations	3,720	5.8%	$30.71	$40.88	$85,030	5.9%
Education, Training, and Library Occupations	26,260	3.7%	$24.38	$25.19	$52,400	4.5%
Arts, Design, Entertainment, Sports, and Media Occupations	7,000	8.5%	$19.19	$22.80	$47,430	2.8%
Healthcare Practitioners and Technical Occupations	40,310	5.7%	$28.79	$33.76	$70,210	2.2%
Healthcare Support Occupations	16,790	4.3%	$14.54	$15.39	$32,000	1.5%
Protective Service Occupations	12,470	5.4%	$14.94	$17.68	$36,770	5.1%
Food Preparation and Serving Related Occupations	58,880	1.4%	$9.54	$10.89	$22,640	1.5%
Building and Grounds Cleaning and Maintenance Occupations	16,460	3.0%	$12.03	$13.49	$28,060	2.5%
Personal Care and Service Occupations	21,320	8.6%	$11.44	$13.52	$28,120	2.9%
Sales and Related Occupations	60,410	2.6%	$12.47	$18.85	$39,210	2.2%
Office and Administrative Support Occupations	104,120	3.3%	$16.00	$17.16	$35,690	1.3%
Farming, Fishing, and Forestry Occupations	800	15.8%	$14.70	$15.75	$32,760	3.0%
Construction and Extraction Occupations	23,800	2.9%	$22.11	$23.40	$48,660	1.9%
Installation, Maintenance, and Repair Occupations	28,690	3.5%	$21.23	$22.90	$47,640	2.1%
Production Occupations	63,040	2.7%	$17.21	$18.68	8 $38,860	3.7%
Transportation and Material Moving Occupations	68,900	4.7%	$15.46	$19.29	$40,130	8.2%

Source: U.S. Dept. of Labor, Bureau of Labor Statistics, May 2018,

Updated September 2019

Employment Trends by Industry for Louisville Metropolitan Statistical Area

Industry	Dec. 2017	Dec. 2018
Total Non-Farm	675,400	675,700
Mining, Logging & Construction	29,200	30,400
Trade, Transportation & Utilities	154,900	154,400
Manufacturing	82,600	84,000
Information	9,100	9,000
Financial Activities	46,900	46,300
Professional & Business Services	89,100	87,600
Education & Health Services	95,000	97,900
Leisure & Hospitality	67,000	64,900
Other Services	26,200	25,700
Government	75,400	75,500

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

Annual Averages

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

Updated April 2019

15-County Greater Louisville Region Ethnic Composition

Ethnic Origin	2000	2018 (est.)	2019 (est.)
White	83.60%	79.23%	79.95%
Black/ African American	13.88%	13.98%	14.10%
Hispanic or Latino	1.01%	4.74%	4.83%
Asian	1.15%	2.02%	2.08%
American Indian & Alaska Native	0.21%	.25%	.27%

Source: Environics Analytics, Claritas 2019

Greater Louisville Region Household Data

County	2000	2010	2018 (est.)	2019 (est.)
Bullitt (KY)	22,173	27,673	30,328	30,892
Clark (IN)	38,752	44,248	47,210	47,611
Floyd (IN)	27,509	29,479	30,997	31,055
Harrison (IN)	12,918	15,192	15,699	15,749
Henry (KY)	5,844	5,963	6,194	6,266
Jefferson (KY)	287,011	309,175	322,351	324,912
Oldham (KY)	14,856	19,431	21,358	21,688
Scott (IN)	8,823	9,397	9,279	9,384
Shelby (KY)	12,103	15,321	17,296	17,729
Spencer (KY)	4,251	6,165	6,720	6,803
Trimble (KY)	3,137	3,420	3,315	3,295
Washington (IN)	10,264	10,850	10,659	10,771
12 County Louisville MSA	447,650	496,314	514,686	526,155
Hardin (KY)	34,497	39,853	40,951	41,543
Meade (KY)	9,471	10,471	10,292	10,377
Nelson (KY)	13,954	16,826	18,170	18,181
15 County Advance Greater Louisville Region	505,572	563,464	584,099	596,256

Source: Environics Analytics, Claritas 2019

15-County Greater Louisville Region Income

Income	2000	2018 (est.)	2019 (est.)
Median household income	$42,139	$57,139	$58,150
Average household income	$55,699	$77,401	$79,980

Source: Environics Analytics, Claritas 2019

Louisville Metropolitan Statistical Area Workforce Statistics

	1990¹	2000²	2010³	Nov. 2018⁴
Civilian Workforce	549,884	610,050	636,946	664,722
Employed	521,646	588,122	571,183	638,891
Unemployed	28,238	21,928	62,692	25,831
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 January 2019

Cost of Living

MSA	Overall	Grocery	Housing	Utilities	Transportation	Healthcare	Miscellaneous
Louisville	93.9	94.0	78.6	97.8	98.0	108.5	102.9
Atlanta	101.3	103.3	99.8	84.4	104.1	105.3	104.8
Austin	97.0	90.7	101.7	95.2	86.8	105.1	97.7
Baltimore	113.7	116.0	132.8	103.5	105.1	84.2	105.2
Boston	151.2	108.4	223.2	125.0	110.2	115.1	129.0
Charlotte	96.3	102.0	83.6	95.6	87.4	104.5	106.2
Chicago	120.1	104.1	151.2	91.4	122.8	100.4	109.0
Columbus	91.5	96.6	79.2	92.9	95.9	89.7	98.7
Dallas	106.2	97.4	114.9	103.7	99.4	103.2	105.1
Denver	110.8	97.7	137.5	78.1	99.3	103.8	105.7
Greenville	93.6	100.2	78.0	93.5	99.1	101.2	101.9
Indianapolis	91.3	92.3	76.4	106.2	98.6	91.0	97.7
Los Angeles	146.8	116.7	223.8	104.0	135.2	109.9	112.0
Nashville	98.8	99.0	98.2	99.8	98.1	93.5	99.8
New York	242.5	138.4	506.9	125.6	128.5	110.9	136.2
Pittsburgh	103.0	114.5	104.1	122.3	112.3	89.5	92.0
Portland	134.0	111.8	181.4	86.3	131.3	116.9	117.7
Salt Lake City	103.4	110.4	105.6	86.3	95.1	109.1	104.6
St. Louis	87.4	101.9	68.5	97.6	96.5	92.4	92.0
Washington, DC	139.8	124.1	218.7	94.6	102.7	101.1	105.6

Source: C2ER 2019, Quarter 2 Data

Updated September 2019

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	90.1	100.9	92.3	86.1	64.6
Atlanta	92.1	101.4	87.7	72.2	83.0
Austin	102.2	99.4	102.0	57.4	123.5
Baltimore	108.6	101.7	133.0	79.8	104.0
Boston	127.3	112.6	186.6	82.8	142.5
Charlotte	87.2	96.9	78.4	77.2	79.4
Chicago	99.4	102.6	88.2	78.2	103.2
Columbus	99.5	98.6	117.1	90.3	82.9
Dallas	96.0	99.1	102.0	59.9	95.7
Denver	101.3	114.8	91.2	61.0	96.5
Greenville	82.7	90.5	84.4	76.8	65.1
Indianapolis	92.7	94.8	111.4	89.8	66.3
Los Angeles	116.4	99.6	142.1	92.6	140.8
Nashville	96.3	98.3	97.1	60.4	102.7
New York	155.9	95.1	206.3	108.4	275.1
Pittsburgh	100.4	92.8	132.9	90.2	81.2
Portland	102.2	107.5	90.5	80.0	112.0
Salt Lake City	93.8	105.1	84.9	82.0	83.2
St. Louis	92.3	104.3	84.5	71.3	81.8
Washington, DC	112.7	108.1	78.1	75.9	146.2

Source: North American Business Cost Review, 2019

Updated October 2019