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Louisville

Learn about the people, housing, costs and businesses in Louisville, Ohio

Median Home$186,949
Median Rent$956/month
Population9,619
Leading IndustriesFinance & Insurance · Information & Media · Retail8% finance & insurance
Home Value Growth⬆⬆+20.2% over 2 years
Young Adults25% of residents
Homeowners72% of occupied units
Louisville
OH

Frequently Asked Questions

What are today's mortgage rates in Louisville?

As of today, the 30-year fixed mortgage rate for Louisville is approximately 6.974% (7.016% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Louisville?

The median home value in Louisville is $187k. The median monthly rent is $956. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Louisville?

Home values in Louisville have increased 20.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Louisville?

Based on a typical all-in ownership cost of $979/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Louisville is $67k/year.

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What industries drive the economy in Louisville?

The largest employment sectors in Louisville are public administration (24%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.