Population 4,765 · Census ACS 2020–24
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Population and households in Central Business District
Household size in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 1.38 | 2.51 | 2.51 | 2.68 |
| 2010–14 | 1.27 | 2.55 | 2.53 | 2.73 |
| 2015–19 | 1.35 | 2.55 | 2.52 | 2.71 |
| 2020–24 | 1.37 | 2.50 | 2.51 | 2.65 |
| Change | −0.01 | −0.01 | −0.00 | −0.03 |
Households in Central Business District are small: just 1.37 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Central Business District has the smallest households of any Louisville neighborhood.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 37.6 | 38.5 | 38.5 | 37.7 |
| 2010–14 | 37.7 | 39.4 | 39.3 | 38.6 |
| 2015–19 | 38.9 | 40.0 | 40.0 | 39.6 |
| 2020–24 | 37.3 | 40.2 | 39.9 | 40.1 |
| Change | −0.3 | +1.7 | +1.5 | +2.3 |
The median resident of Central Business District is 37.3 years old, a few years younger than the national median of 40.1.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.2% | 12.6% | 11.7% | 12.3% |
| 2010–14 | 2.2% | 12.6% | 11.9% | 12.3% |
| 2015–19 | 4.7% | 11.6% | 11.8% | 11.6% |
| 2020–24 | 4.2% | 12.4% | 11.9% | 11.6% |
| Change | +0.0 pts | −0.2 pts | +0.2 pts | −0.6 pts |
Single parents head only 4.2% of households in Central Business District, well below the national share of 11.6%. Few Louisville neighborhoods have a lower share of single-parent households: only two of 44.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Central Business District
Renters in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 90.4% | 30.5% | 30.1% | 33.3% |
| 2010–14 | 88.2% | 32.3% | 32.3% | 35.6% |
| 2015–19 | 89.9% | 32.5% | 32.8% | 36.0% |
| 2020–24 | 82.9% | 31.1% | 31.7% | 34.8% |
| Change | −7.6 pts | +0.6 pts | +1.5 pts | +1.5 pts |
Most households in Central Business District rent: 82.9% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. More than four in ten owners (45.0%) have paid off their mortgages, above the national share of 39.8%. Only one other Louisville neighborhood has a higher share of renters.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 21.3% | 9.8% | 12.2% | 11.4% |
| 2010–14 | 25.3% | 9.8% | 11.9% | 11.4% |
| 2015–19 | 23.0% | 9.8% | 12.3% | 11.1% |
| 2020–24 | 20.1% | 7.9% | 10.6% | 9.6% |
| Change | −1.2 pts | −1.9 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 20.1% of the housing in Central Business District, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Central Business District has a higher vacancy rate than at least four in five Louisville neighborhoods.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 1952 | 1975 | 1977 | 1974 |
| 2010–14 | 1961 | 1976 | 1979 | 1975 |
| 2015–19 | 1965 | 1976 | 1980 | 1977 |
| 2020–24 | 1964 | 1980 | 1982 | 1980 |
| Change | +12 | +5 | +5 | +6 |
The housing in Central Business District is old by national standards: the median home dates to 1964, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | $370 | $769 | $657 | $965 |
| 2010–14 | $407 | $826 | $728 | $1,040 |
| 2015–19 | $707 | $928 | $814 | $1,213 |
| 2020–24 | $1,089 | $1,200 | $1,024 | $1,571 |
| Change | +$719 | +$431 | +$367 | +$606 |
A typical rental in Central Business District costs $1,089 a month with utilities, well below the national median of $1,571. Rent takes 26.0% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Central Business District
Bachelor's degrees in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 23.2% | 24.9% | 21.3% | 28.4% |
| 2010–14 | 20.6% | 26.7% | 22.5% | 29.6% |
| 2015–19 | 23.1% | 29.0% | 24.5% | 32.1% |
| 2020–24 | 32.4% | 32.8% | 27.6% | 35.6% |
| Change | +9.2 pts | +7.9 pts | +6.2 pts | +7.2 pts |
College degrees are a little less common in Central Business District than nationally: 32.4% of adults 25 and older have a bachelor's or higher, against 35.6%. The Louisville area as a whole looks much the same.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 74.0% | 86.4% | 81.7% | 84.9% |
| 2010–14 | 79.7% | 87.8% | 83.9% | 86.1% |
| 2015–19 | 78.5% | 90.1% | 86.4% | 87.7% |
| 2020–24 | 85.7% | 91.1% | 88.8% | 89.3% |
| Change | +11.7 pts | +4.7 pts | +7.2 pts | +4.3 pts |
About one in seven adults in Central Business District never finished high school, more than nationally: 85.7% have a diploma or equivalent, against 89.3% across the U.S. Central Business District has a lower share of high school graduates than most Louisville neighborhoods.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Central Business District
| Period | Central Business District | Louisville area | Kentucky | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.5% | 8.4% | 8.4% | 8.1% |
| 2010–14 | 11.3% | 9.1% | 9.5% | 9.4% |
| 2015–19 | 10.6% | 5.2% | 5.8% | 5.6% |
| 2020–24 | 6.2% | 4.8% | 5.1% | 5.4% |
| Change | −2.3 pts | −3.6 pts | −3.3 pts | −2.7 pts |
Jobs have been a little harder to find in Central Business District than nationally: unemployment was 6.2%, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Central Business District compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Central Business District | 1.37 | 37.3 | 4.2% | 82.9% | 20.1% | 1964 | $1,089 | 32.4% | 85.7% | 6.2% |
| Phoenix Hill | 1.58 | 39.0 | 12.6% | 90.7% | 19.0% | 1969 | $972 | 35.3% | 90.5% | 9.0% |
| Russell | 2.39 | 32.4 | 31.8% | 75.4% | 21.9% | 1976 | $863 | 13.1% | 84.5% | 19.2% |
| Old Louisville | 1.76 | 35.1 | 14.5% | 79.9% | 12.5% | 1948 | $947 | 38.2% | 92.2% | 5.5% |
| California | 2.67 | 32.9 | 25.8% | 61.1% | 29.9% | 1945 | $900 | 6.2% | 75.5% | 16.9% |
| Germantown | 1.75 | 41.6 | 6.2% | 30.2% | 13.9% | 1945 | $1,168 | 55.5% | 89.6% | 3.4% |
| Park Hill | 3.08 | 30.8 | 47.3% | 71.9% | 32.5% | 1945 | $1,025 | 4.0% | 79.1% | 18.6% |
| Portland | 2.35 | 42.1 | 23.5% | 54.3% | 21.7% | 1940 | $1,012 | 10.2% | 79.2% | 11.1% |
| Algonquin | 2.33 | 35.2 | 20.2% | 62.5% | 12.5% | 1965 | $828 | 17.5% | 86.2% | 13.0% |
| Schnitzelburg | 1.86 | 39.8 | 6.0% | 32.1% | 8.8% | 1938 | $1,455 | 60.3% | 97.0% | 3.2% |
| Cherokee Triangle | 1.69 | 43.5 | 3.8% | 58.6% | 12.1% | 1941 | $1,180 | 66.8% | 99.6% | 9.9% |
All figures 2020–24.
Neighborhoods with similar populations: Seven Oaks at Grand Island, Bakersfield, CA · Caufield, Oregon City, OR · Central State, Schenectady, NY · Oaklawn, Cranston, RI · Chollas View, San Diego, CA · Village Park, McKinney, TX · Victory Hills, Albuquerque, NM · Northeast Garland, Garland, TX · Creighton, Richmond, VA · Santa Rita, San Angelo, TX
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Central Business District. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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