Homeownership

Homeownership has been demonstrated to have a positive association with increased educational achievement, civic participation, and health. Homeowners are more invested in engaging with their communities and can help ensure that Louisville is a prosperous city for all.

Peer City Perspective

Louisville currently ranks 7th in rates of homeownership. Home ownership is the percent of households that are owner-occupied.

On this metric, Louisville ranks among the middle tier of its peers according to a natural breaks algorithm. Cities in green are those that outperform their peers, cities in yellow represent the middle cluster, and those in red are a group that lags behind its peers on this indicator.

Trends Over Time

The rate of homeownership in Louisville has been decreasing steadily since 2009. Despite this decline, Louisville’s rate of homeownership remains higher than its peer city average.