Louisville Ranked as One of the Best Places to Live

Have you ever watched a college football game on TV? One commonality between every game that has ever aired is passionate fans. Supporters of a team will pack a stadium with the brightest colors they can find that represent their team, stand in subzero temperatures, and spend countless dollars on season tickets. 

Why is that?

Some might say it’s because they love the game of football so much. However, it really boils down to one thing: their team represents their home. Maybe it’s the place they currently live, or perhaps it’s where they are from, or even simply where they attended school. Whatever the connection, college sports are a perfect picture of the deep affection and identity that people find in the place they call home. This is why deciding where to live can often be a person’s most difficult life decision. So how do you choose a place that checks off the right boxes and has the potential to be a place you can plant your roots for years to come?

150 Best Places to Live in the U.S.

Each year, U.S. News & World Report creates a list of the “150 Best Places to Live in the U.S.”. This list is based on factors such as the current job market, housing affordability, quality of life, net migration, and the desirability to live in the city. In 2022, Louisville moved up to number 62 on this list! 

Some additional stats from the report that speak to Louisville’s desirability:

most affordable cities to live

When it comes to the cost of living, Louisville boasts excellent statistics that should draw the attention of anyone looking to purchase property and build a home.

Affordable for Single Renters

In another study conducted by SmartAsset in 2021, five metrics were developed to determine the best cities for single renters to live: average rent for a unit with fewer than two bedrooms, percentage of housing units with fewer than two bedrooms, median earnings for full-time workers, cost of living, and unemployment rate. Louisville ranked number 8 on this list due to ranking in the top 15 for three metrics: “average rent for units with fewer than two bedrooms ($676 per month), cost of living ($23,367 per year) and April 2021 unemployment rate (4.1%).”

A Wrap Up on Living in Louisville

According to these studies, Louisville is an excellent place to live! Based on the criteria compiled by these two studies, the city offers advantages for families and singles alike. Additionally, based on the almost 20 position jump from the previous top 150 list, Louisville continues to grow as a welcoming place for those seeking a new place to call home. Along with these statistics, the city is also home to a growing cultural scene that countless local businesses, restaurants, distilleries, families, and students have built into a close-knit community.

So whether you’re looking for a temporary place to reside for a season or are looking to lay down roots for the long haul, Louisville is the perfect place to call home.

We have in-depth knowledge of this city, especially its business community and various neighborhoods where our team has built or remodeled homes for clients for over 50 years.  We’d be happy to talk with you more about the area, its communities, or even remodeling ideas if you’re already in the processing of moving and buying a house here. Feel free to contact us anytime!

Louisville affordable place to live

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