Louisville is a small city in Colorado with a population of slightly less than 20,000. Middle-aged professionals will feel right at home, as they account for an above-average percentage of the population, while young adults are less well-represented. Home ownership is more common than renting in Louisville, and 26% of residents rent. With an average rent of $1,517/month, exceeding the state average by $326/month, relatively high rent costs may be playing a role in the higher levels of ownership.
Many Louisville residents work in one of four industries: scientific, healthcare, education, and retail. Combined, these industries account for 31% of the city's labor force. Meanwhile, in terms of job function, many residents work in management, making it the top career path in the city. Louisville workers earn an average annual income of around $109,000, around $29,000 more than their peers elsewhere in Colorado. The city's average income also compares favorably to the national average ($73,345). Louisville has a large concentration of residents over the age of 25 with advanced degrees compared to the national average (7%), as 21% possess a Master's degree or a Doctorate. Additionally, 25% have a Bachelor's degree, which also outpaces the national average.
Louisville has an average commute time of about 24 minutes. Driving a car or truck is the typical means of commuting to work, opted for by 41% of residents, while public transit is used by just 3% of the city. Relatively few residents walk to work.
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