Louisville, KY is fast becoming a hot spot for young people looking to move. Located on the Falls of the Ohio River, this city is popular due to the low cost of living and high job rate. Additionally, Louisville is home to numerous sports teams, historical landmarks, and fun attractions, making it easy to find entertainment for anyone. That’s why now is a great time to buy Louisville real estate.
Economic Growth in the Area
So many people are looking to move to Louisville because it is known as one of the best cities to live in. The economy is great, with the UPS International Air Hub being housed in the city. This is the largest employer in Louisville, and enables the region to be a logistical hub for all things shipping, warehousing, transportation, and manufacturing. $22.8 billion in projects have been announced or started since 2014, creating even more jobs all throughout the city.
Along with great job opportunities, Louisville ranks as one of the cities with the lowest cost of living within Jefferson County. Housing and utility costs are only about 75% of the national average, making houses in the city very affordable. In even some of the most popular and sought after neighborhoods, the average home value is around $500,000.
If great job opportunities and low cost of living aren’t enough to explain why Louisville is such a great place to live, take a look at the amazing climate. The city of Louisville only gets about 46 inches of rain per year, and only 9 inches of snow. That leaves plenty of time for sunny days–195 days on average, in fact– and temperatures are mild all year around. A mild and enjoyable climate is important especially in a city that has access to so many outdoor activities.
Louisville and the surrounding areas house multiple national parks and outdoor attractions for people to enjoy all year around. Falls of the Ohio State Park can be found nearby and is a popular attraction to hike and even find some fossils! Southwest Greenways is a system of outdoor trails connecting neighborhoods with the city for people to bike or walk through. If you enjoy exploring the great outdoors, Louisville will keep you endlessly entertained.
What Makes Louisville Special
Outside of the natural beauty of Louisville and the wonderful outdoor areas to explore, there are many other opportunities for entertainment around the city. If you are a sports fan, you will be pleased to know the many sports teams and events that call Louisville, KY home. The Louisville Bats and Cardinals hail from the city, and visitors can even check out the Louisville Slugger Museum and Factory. For some more unique sports experiences, the Kentucky Derby is hosted in the city every year–fancy hats and all.
You know what goes well with sports? A good drink! And luckily, Louisville makes 95% of the world’s bourbon. If this sounds like something you might enjoy, take a trip down Bourbon Row, a preserved piece of history in the center of Louisville. This strip of downtown used to house offices and warehouses for the bourbon and tobacco districts, and passers by can still view the old cast-iron storefronts that have stood for nearly a hundred years. While the warehouses are no longer in use, visitors can still explore these storefronts that have been transformed into shops, restaurants, and distilleries of course.
What’s more, there is no shortage of great places to find food. Louisville is home to YUM Brands which is made up of popular chains such as KFC, Pizza Hut, Taco Bell, and more. Along with these fan-favorite chains, local food spots can be found on nearly every street. From pizza to steakhouses to seafood, whatever you’re in the mood for, Louisville will have a place for you to eat.
With the numerous cultural landmarks, great economy, and wonderful climate, it is no wonder so many people are looking to move to Louisville. Louisville is within a day’s drive of two thirds of the US population, making it the ideal place for many to settle down or start the next chapter in their lives. If you are looking to start a new journey in life, take a look at the infographic below and learn more about why Louisville, KY is such a great place to live.