Louisville, AL Profile: Facts & Data

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Louisville, Alabama - Basic Facts

The Louisville had a population of 394 as of July 1, 2023. Louisville ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Louisville is located at latitude 31.7835 and longitude -85.5558 in Barbour County. Barbour County is in the Central time zone (GMT -6).

It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Louisville is located within Louisville Division of Barbour County.


Jump to... (On This Page!)
  1. Louisville 2023 Demographic Data
  2. Growth Rates for Louisville (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Alabama Research Tools (Easy Tools & Current Data)
  3. Alabama Data Comparison Tool - 2023 Demographics
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Louisville, AL Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 394 (100%)
Population in Households 394 (100.0%)
Population in Families 348 (88.3%)
Population in Group Quarters1 0
Population Density 143
Diversity Index2 57
 
 

INCOME

Median Household Income $30,975
Average Household Income $63,361
% of Income for Mortgage4 14%
Per Capita Income $27,821
Wealth Index5 55
Socioeconomic Status Index6 Moderate (45.4)
 

HOUSING

Total HU (Housing Units) 248 (100%)
Owner Occupied HU 122 (49.2%)
Renter Occupied HU 51 (20.6%)
Vacant Housing Units 75 (30.2%)
Median Home Value $70,000
Average Home Value $117,008
Housing Affordability Index3 196
 

HOUSEHOLDS

Total Households 173
Average Household Size 2.28
Family Households 125
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.08% -0.93%
Households -1.38% -0.47%
Families   -0.81%
Median Household Income   3.49%
Per Capita Income   3.50%
Owner Occupied HU   0.65%

Louisville, AL - Peer Comparisons by Rank and Percentile

The table below compares Louisville to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 434 27th
Population Density # 397 33rd
Median Household Income # 541 9th
Housing Affordability Index # 515 87th
Per Capita Income # 302 49th
Diversity Index # 105 82nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Alabama Census Data Comparison Tool.

Louisville, AL - Most Popular Things to Do

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