The Commonwealth of Kentucky considers Louisville to be largest city within the state of Kentucky. Louisville also ranked as being the 30th most populous US city. Louisville is not only a historical city, has been nominated to be the seat of Jefferson County as of the year 2003.
Known for famous industries and events such as the Kentucky Derby and Kentucky fried chicken, the city is also notable for athletics at the University of Louisville and for the lose for Cardinals athletics team. Additionally, the Louisville slugger baseball bats have become a point of fame in pride for the city along with the presence of three Fortune 500 companies located in Kentucky. An excellent jump-off point for students from all around the country, Louisville Kentucky has much to offer in a wide variety of trades and occupations.
Reasons to Consider Career Training in Louisville
Louisville of today is the home of many highly notable organizations and companies. A hub of industry, the city's economy has undergone many changes since its initial founding. Beginning its life as a hub of cargo and shipping industries, its excellent location at the Falls of the Ohio provides unique benefits to many organizations throughout the central United States. Louisville is ideally located to be within a single day's travel to 60% of the cities in the continental United States. A perfect location for cargo transfer, the Nashville Railroad, portal can now and Louise fills water and rail transport are among its prime industries.
Louisville holds a highly important place in the shipping industry to this day. It acts as a hub to world Port global airfreight and is also home of Louisville international Airport. The city also acts as a major crossroads between three major interstate highways including I-64, I-65, and I-71). Louisville’s strategic importance has earned the city its ranking as the seventh biggest inland port city in America.
However, Louisville does not simply have a rich history due to its ideal geographic location. Louisville has increasingly become a hub of health and medical sciences. Pioneering hand and heart surgery as well as cancer treatment, the Louisville of today has a bustling medical research community. Louisville has pioneered some of the earliest surgical procedures for artificial heart transplants. A new rehabilitation center and health and science research Center has been funded with an astounding $88 million. This health and science research Center works in partnership with the University of Louisville. The University of Louisville itself has drawn the attention of over 70 highly rated researchers and scientists since its founding. Additionally, Louisville is home one of America's largest health insurance providers, Humana.
The Bureau of Labor Statistics has named notable industries in terms of which are most profitable and highly paid in Louisville, Kentucky. Though obviously, more extensive vocational and career training is needed to move up the career ladder and obtain work in such industries, opportunities for career advancement are more possible in Louisville than in many other highly populous US cities.
Major sectors in Louisville's economic infrastructure include management occupations, architecture and engineering occupations, healthcare practitioners and technical occupations, legal occupations, computer and mathematics occupations, physical and social science occupations, installation, maintenance and repair occupations, business and financial operations occupations, educational training and library occupations.
Secondary but pivotal industries experiencing growth in Louisville Kentucky include construction and extraction occupations, transportation and material moving occupations, community and social service occupations, art, design, entertainment, sports and media occupations, sales and related occupations, protective service occupations, office and administrative occupations, production occupations, healthcare support occupations, building and grounds cleaning and maintenance occupations, personal care and service occupations, farming, fishing and forestry occupations and personal care and service occupations.
The ideal geography of Louisville, specifically the River and central location make it an ideal hub of industry and commerce. Kentucky maintains a rich history as an agricultural and mining state. However, the Louisville of today offers a diversified economy based on a variety of new and innovative industries. Among the top industries with the rich tradition of excellence are goods manufacturing, car, truck and appliance repair, construction and engineering. This said, there are far more high tech job opportunities in Louisville the never before as Louisville maintains headquarters of many top companies. Louisville is home to many Fortune 500 company headquarters including KFC, Yum! Brands Inc., Humana and Kindred Healthcare.
Opportunities for civil service related jobs are also among the states most profitable opportunities. Louisville is home to the headquarters of not only the Kentucky Air National Guard but also the Army National Guard. Louisville international Airport provides a variety of lucrative job opportunities. Additionally, the US Defense Department’s Defense mapping agency and veteran hospital are based in Louisville. The US Corporation of engineers maintains its location at McAlpine Locks and Dam.
Among the top goods and service industries to consider vocational training and careers in our automobiles, electrical appliances, agriculture, machinery, industrial machinery, timber products, office products, lumber, baked goods, processed foods, published materials, aluminum, farm tools, chemicals and utilities.
Top Trade Schools in Louisville, Kentucky
• Jefferson Community and Technical College: one of Louisville's to open admission, two-year colleges, the Kentucky community and technical college system offers excellent vocational training programs through this Institute. Founded in 2005, Jefferson community college offers Training in a wide array of in demand industries in Louisville including Administration, advanced manufacturing, cultural studies, Technology, arts, science, apprenticeships, aviation, communications, computer technology, manufacturing and machining, business administration, cosmetology, construction, criminal justice, culinary arts, education, engineering and electronics, fire and rescue technology, global studies, healthcare and medicine, early childhood education, insurance and welding. The school's overall number of students is roughly 12,138. The graduation rate is 16.5%. Undergraduate tuition and fees for in-state students is roughly $3704. For out-of-state students, undergraduate tuition is about $12,536. Located at 200 W Broadway, Louisville, KY 40202.
• Brown Mackie College: this college provides students with the training and accreditation needed to apply for entry level positions in technology, healthcare and business. Programs include Business and Technology, Early Childhood Education, Healthcare and Wellness, Legal Studies, Nursing and Veterinary Technology. The college's overall graduation rate is 23.1%. Undergraduate tuition and fees is roughly $12,123. The average salary attending undergraduates is roughly $27,400. The average annual cost for students receiving financial aid is roughly $18,472. Located at 3605 Fern Valley Rd, Louisville, KY 40219.
Housing Market and Rent Costs in Louisville, Kentucky
Recent studies have shown that the housing market in Louisville, Kentucky is roughly 7.6% lower than the national average. The difficulties in finding an affordable city are mounting. To find a metropolitan hub that still has an affordable cost of living is a difficult task. For this reason, Louisville has a booming economy and a growing population.
To understand the cost of living, it is usually broken down into five major categories. These major categories include housing, transportation, groceries, utilities and health care. In most of these categories, Louisville ranks well below the national average. Individuals in Louisville can expect 23% less housing costs, 11% less health care costs, 11% less grocery cost and 6% less transport cost, because cost-of-living is greatly reflected by the housing market, the city has a great cost-effective area of opportunities for newcomers as well as residents.
According to the Bureau of Labor Statistics, the cost of living in Louisville Kentucky is roughly 8% below the national average. The overall cost of living in Kentucky is 9% below the national average. The cost of food is roughly the same as the national average. The cost of healthcare is below the national average by 19%. The standard cost of living for an individual with no children is roughly $26,280 a year. The annual income necessary to sustain a married couple with one child in Louisville Kentucky is roughly $50,224 per year. The annual income necessary for a married couple with roughly 4 children is $77,562 per year.
For individuals looking to rent in Louisville, Kentucky, there are many affordable opportunities for temporary housing. Based on the real estate surveys of over 89 contributors, the average rent per month in the city center is $800 per month (with a range between $600 at low-end and $1000 at high-end). For one bedroom apartment outside the city center, the average cost of an apartment is $635 (with a range from $550 at the low end to $775 at the high-end. For a three-bedroom apartment in the city center, the rough estimate for monthly rent is $1348 (with a range between $1000 and $1600 per month). For a three-bedroom apartment outside the city center, the monthly average is $1031 (with a range from $900-$11,000 per month).
As Kentucky continues to experience economic development, public and private sectors are working hand-in-hand to retain existing business while developing new industries. Entrepreneur magazine named Louisville the best city for small business growth. Additional rankings include number 15 on a national level and number two in the Midwest for the top 25 best cities for entrepreneurs.
For individuals who cannot afford a home, 28.6% of Louisville/Jefferson County individuals rent with the hope to own once annual income rises. Annual income lower than $25,000 is considered below the national average. Roughly 29.9% of individuals in America live in this income bracket throughout the state of Kentucky.
Kentucky's lower middle class has more accessible housing. Luckily, many individuals within the area are in a higher income bracket working for profitable niche industries. Exactly 26% of Louisville/Jefferson County residents have an annual income summer between $25,000 and $50,000. This income bracket positions them ideally to purchase a home.
As the services sector of Louisville continues to grow and change, there are nearly 14,000 facilities operational in the area as of the year 2001. These facilities have employed roughly 234,000 workers since the year 2001. As Kentucky's tourism industry also gains momentum, tourism and recreation generates roughly 26,000 jobs in Jefferson County alone. The presence of many Fortune 500 companies and national chains offers many opportunities for work related to varying types of goods manufacturing. The goods and services industries in Louisville at various manufacturing headquarters continue to be among the most steadfast sources of income and employment in the state.
Top employers in the Louisville area include:
• United Parcel Service
• UPS Airlines
• Ford Motor Co.
• Kentucky Truck Plant
• Louisville Assembly Plant
• General Electric Appliance Park
• Humana Inc.
• Norton Healthcare
• KentuckyOne Health
• Yum! Brands
• Papa John's International
Additional highly ranked businesses maintain operational headquarters in Louisville are:
• Presbyterian Church (USA)
• The American Printing House for the Blind,
• Ford Motor Co.
• GE Consumer Products
• Swift & Co
• Charter Communications (cable TV)
• Gordon Foods
• Linens n Things
Things to Do in Louisville while Attending College
Louisville offers many interesting opportunities for downtown entertainment and attractions. Louisville metropolitan area is home to many annual festivals and events including the Kentucky Derby Festival. Annual parades and races include the great steamboat race, great balloon race, and many marathons/mini marathons. Annual races produce over 70 events in total.
Louisville also has a blossoming scene of independent art, business and music. A hub of cultural development, talented individuals of all ages are able to highlight their skills and network in an artistic community. An excellent place for local trade in cultural diversity, Louisville has a thriving local business community. Louisville is home to a wide array of coffee shops, art galleries, small businesses and clothing stores. With businesses and events to accommodate many different tastes and lifestyles, there is something for everyone. From historic locations to new shops, there are a variety of museums, interpretive centers and galleries to choose from. A local music scene also offers much to young, college-age students looking to hear live music or perform their own works.
With a rich history and sports, the Louisville slugger Museum in factory is among many popular locations to visit in the West Main district of downtown Louisville. In an area called Museum Row, Louisville features many facets of its history including Frazier History Museum and Royal Armories Artifacts.
City Data. “Louisville: Economy.” Advameg Inc. 2016.