Louisville, NY Economy


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Louisville, NY is a small town located in Onondaga County. It is known for its low cost of living and great local businesses. The two bedroom rent cost in Louisville is $840 per month, which is about 41% less than the US average of $1,430. Additionally, Louisville has an overall lower cost of living, which can be seen through the Grocery Cost Index, with a score of 96 compared to the US average of 100. This city offers many unique and family owned businesses such as Livin' Healthy Cafe and Elite Auto Repair. Livin' Healthy Cafe is a plant-based restaurant that provides delicious meals that are freshly made every day. Elite Auto Repair offers high quality services at an affordable price and they strive to provide outstanding customer service.

Louisville has an unemployment rate of 6.7%. The US average is 6.0%.

Louisville has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Louisville
- The Sales Tax Rate for Louisville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Louisville
- The average income of a Louisville resident is $25,046 a year. The US average is $28,555 a year.
- The Median household income of a Louisville resident is $99,079 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLouisville, New YorkUnited States
  6.76
  -3.2%-6.2%
  20.9%33.5%
  8.0%6.2%
  6.2%4.6%
  $45,350$37,638
  $99,079$69,021
  $112,893$85,028
  Population by Occupation
  0.5%1.2%
  0.4%0.5%
  5.2%6.8%
  9.4%10.0%
  2.2%2.5%
  13.4%11.0%
  0.5%4.8%
  5.9%0.8%
  1.8%1.9%
  4.5%4.7%
  0.5%1.9%
  0.7%7.6%
  0.0%0.1%
  0.5%4.2%
  23.1%9.3%
  14.5%14.0%
  1.4%2.1%
  1.2%7.0%
  3.2%4.8%
  11.2%4.7%
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