Louisville, TN
Population 4,369 · Tennessee
About Louisville, TN
Louisville is a small town located in Tennessee with a population of 4,369 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,485 per year, which is 11% above the national median of $75,149. The median age of 51.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Louisville features a median home value of $314,700, which is 29% above the national median of $244,900. This positions Louisville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,082, 7% below the national average of $1,163/month. Of the 2,027 total housing units, 91% are owner-occupied (1,694 units) and 9% are renter-occupied (158 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Louisville shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 9.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Louisville have an average one-way commute time of 23.5 minutes.
Education & Demographics
33.9% of Louisville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 4.6% White, 0.3% Hispanic or Latino, 0.4% Black or African American, and 1.3% Asian residents, with 2.8% of the population being foreign-born.
Cost of Living in Louisville, TN
Compared to national averages, Louisville has a median household income of $83,485 (11% above the national median of $75,149). Home values average $314,700, which is 29% above the national median. Monthly rent at $1,082 is 7% below the US average of $1,163. Within Tennessee, Louisville's income is 33% above the state average of $62,849, and home values are 47% above the state median of $214,371.
Why Live in Louisville, TN?
Louisville offers a strong local economy with a median household income of $83,485, well above the national average, and rent that’s lower than the national average at $1,082/month, and a well-educated community where 33.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.3%, better than the national average, and short commute times averaging just 23.5 minutes.
Louisville has a population of 4,369 with a median age of 51.5 years. Compare Louisville with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Louisville
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Harrogate | 4,355 | $63,257 | $178,600 | Compare |
| Apison | 4,397 | $104,741 | $397,800 | Compare |
| Huntingdon | 4,413 | $49,421 | $128,900 | Compare |
| Selmer | 4,456 | $48,092 | $111,600 | Compare |
| Waverly | 4,278 | $45,600 | $164,700 | Compare |
| Oak Grove CDP (Washington County), Tennessee | 4,483 | $63,625 | $241,100 | Compare |
| Lake Tansi | 4,562 | $56,078 | $233,700 | Compare |
| Trenton | 4,175 | $50,645 | $130,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Louisville With Other Cities
Frequently Asked Questions about Louisville
What is the population of Louisville, TN?
The population of Louisville, TN is 4,369 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Louisville?
The median household income in Louisville, TN is $83,485 per year, which is 11% above the national median of $75,149.
What is the median home value in Louisville?
The median home value in Louisville, TN is $314,700, which is 29% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Louisville?
The median monthly rent in Louisville, TN is $1,082, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Louisville?
The unemployment rate in Louisville, TN is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Louisville, TN a good place to live?
Louisville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,369 and a median age of 51.5, the city appeals to established professionals and retirees.
How educated is Louisville, TN?
33.9% of residents in Louisville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Louisville?
Key cost-of-living indicators for Louisville, TN: median home value is $314,700 (29% above national), median rent is $1,082/month, and median household income is $83,485. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Louisville?
The poverty rate in Louisville, TN is 9.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Louisville, TN?
Louisville's population is 4.6% White, 0.3% Hispanic or Latino, 0.4% Black or African American, 1.3% Asian, and 2.8% two or more races. 2.8% of residents are foreign-born.