Louisville, Alabama Income

Louisville, Alabama has a population of 519, with a median household income of $40,000.

Current income data for Louisville.

519

👥

Population

519

💰

Median Income

$40,000

📉

Unemployment

5.00%

🏠

Housing Price

$110,000

🚨

Crime Rate

3.20

🌐

Internet Speed

140.00 Mbps

Louisville is a small local community located in Alabama. The city has a population that is below the average city population in Alabama, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Louisville, located in Alabama, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Louisville has a population of 519, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Louisville is $40,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Louisville is about $110,000, making it relatively affordable compared to many cities in Alabama.

Employment and Safety

The unemployment rate in Louisville is 5.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Louisville are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Alabama, Louisville shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Alabama, Louisville contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Louisville

What is the population of Louisville?

The population of Louisville is approximately 519.

Is Louisville a good place to live?

Louisville offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Louisville?

The median household income in Louisville is around $40,000.

How expensive is housing in Louisville?

The average housing price in Louisville is approximately $110,000.