Louisville, IL
Population 1,288 · Illinois
About Louisville, IL
Louisville is a small community in Illinois with a population of 1,288 residents. The median household income is $44,318 per year, which is below the national average. The median age in Louisville is 38.6 years.
Housing in Louisville has a median home value of $86,300 and median monthly rent of $629. Of the 578 total housing units, the majority are owner-occupied, with 334 owner-occupied and 180 renter-occupied units.
The unemployment rate in Louisville is 10.6% and the poverty rate is 28.6%. 19.1% of residents hold a bachelor's degree or higher. The average commute time is 19.1 minutes.
Cost of Living in Louisville, IL
Compared to national averages, Louisville has a median household income of $44,318 (41% below the national median of $75,149). Home values average $86,300, which is 65% below the national median. Monthly rent at $629 is 46% below the US average of $1,163. Within Illinois, Louisville's income is 41% below the state average of $75,072, and home values are 48% below the state median of $165,779.
Why Live in Louisville, IL?
Louisville offers affordable housing with a median home value of $86,300, below the US average of $244,900, and rent that’s lower than the national average at $629/month, and short commute times averaging just 19.1 minutes.
Potential considerations include median household income ($44,318) that falls below the national average. However, Louisville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Louisville has a population of 1,288 with a median age of 38.6 years. Compare Louisville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Louisville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Timberlane | 1,291 | $194,286 | $349,700 | Compare |
| Phoenix | 1,284 | $25,703 | $86,300 | Compare |
| Westlake Village | 1,282 | $143,424 | $210,900 | Compare |
| Clifton | 1,279 | $69,276 | $184,100 | Compare |
| Herscher | 1,302 | $100,833 | $198,200 | Compare |
| Griggsville | 1,272 | $37,457 | $84,400 | Compare |
| Bunker Hill | 1,305 | $72,893 | $133,700 | Compare |
| Cambria | 1,271 | $51,042 | $140,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Louisville
What is the population of Louisville, IL?
The population of Louisville, IL is 1,288 according to the latest Census data.
What is the median household income in Louisville?
The median household income in Louisville, IL is $44,318 per year.
What is the median home value in Louisville?
The median home value in Louisville, IL is $86,300.
What is the average rent in Louisville?
The median monthly rent in Louisville, IL is $629.
What is the unemployment rate in Louisville?
The unemployment rate in Louisville, IL is 10.6%.