Is Louisville, Mississippi a Good Place To Live? - Living In Louisville, MS

Is Louisville, Mississippi a good place to live?
Louisville is a city in Mississippi state in USA with a population of 6063 residents.. The poverty rate of Louisville is 30.8%, which is 120% higher than national average. The typical household in Louisville earns $31875 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 61.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Louisville, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Louisville remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Louisville, only 18% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Louisville is 80, which is 20% lower than national average. Median home value in Louisville is $100500 , which is 56% lower than national average. While median income in Louisville remained $31875, which is 53% lower than national average.
Population
6063
Unemployment
7.8%
66% NAT AVG.
Poverty
30.8%
120% NAT AVG.
Overall Score
5
Median Home Cost
$100500
56% NAT AVG.
Median Income
$31875
53% NAT AVG.
Median Rent
$657
43% NAT AVG.
Cost Of Living
80
20% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 13
People Earning < $10,000
1 in 7
People Earning < $50,000
61.3%
People with <= High School
1 in 1.9
People With Any Degree
1 in 3.8
Pros & Cons Overview

Jobs40%

Housing40%

Affordability50%

Safety60%

Amenities60%

Diversity85%

Education50%

Commute85%