Louisville, Kentucky Overview As the largest city in Kentucky, Louisville is home to 756,832 people. It is also home ...
Louisville, Kentucky Overview
As the largest city in Kentucky, Louisville is home to 756,832 people. It is also home to cultural attractions like the Kentucky Science Center and the Kentucky Museum of Art and Craft. Louisville is a historic city and one of the oldest ones west of the Appalachian Mountains. It is also quite modern.
According to Forbes, the cost of living in Louisville, KY is about 5.9 percent cheaper than the national average. The median annual household income is $48,818, and the median price for a home is $138,900. With the availability of jobs in Louisville, KY as well as the cheap cost of living and high standard of living, it's a city with a lot of potential for any jobseeker.
Louisville Job Opportunities
The biggest industries of Louisville are health care and tourism. Among the many tourist attractions is the Seelbach Hotel, which is known for once hosting Al Capone's sneaky business dealings as well as its mention in "The Great Gatsby" by F. Scott Fitzgerald. A vast variety of other hotels, luxury spas, extraordinary eateries and other businesses cater to the needs of the many tourists who come to Louisville each day. Many Louisville, KY jobs exist because of the consistent tourism industry.
Some of the major companies that are located in Louisville include CafePress, Papa John's Pizza, Texas Roadhouse, UPS Airlines, S.Y. Bancorp and SHPS. The Presbyterian Church U.S.A. is also located within the city. Louisville is also home to the headquarters of Yum! Brands, which owns Taco Bell and Pizza Hut.
There are many auto-related jobs in Louisville. Two big Ford plants and a General Electric factory are located in Louisville. Also, the city is home to the GE Consumer and Industrial headquarters. Louisville also has a booming whiskey industry. In fact, about a third of all the bourbon that is produced comes from Louisville. American whiskey giant Brown-Forman even has its headquarters in the city. Nearby opportunities can be found with Lyndon jobs.
Louisville Employment Trends
As of July 2014, Louisville had an unemployment rate of 7.3 percent. That is slightly lower than the state of Kentucky's unemployment rate average of 7.5 percent, but it is higher than the national unemployment rate average of 6.3 percent. Louisville ranks 41st on Forbes' list for the cities that are the best places for business and careers. It rates 63rd among cities in the country for its job growth. Louisville jobs grew at a rate of 2.2 percent in 2013, and they are projected to grow at a rate of 2 percent in 2014.
There have been significant growth in the healthcare jobs in Louisville. Norton Healthcare, PharMerica, Signature HealthCARE and Kindred Healthcare are also in the city. They provide a great deal of Louisville jobs.