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Louisville, home of the University of Louisville Cardinals, the Louisville Slugger, and after HomeSnacks' list of the top ten best neighborhoods in Derby City for 2022 gets out, it will be known as the home of some pretty cool neighborhoods. Yes, you heard it here first, folks, but if you want to see the actual list of Louisville's best neighborhoods, you're going to have to take a look below.
To learn how we ranked Louisville's best neighborhoods, First, we looked at the latest census for the median income and median home price for each one of Louisville's 65 neighborhoods. We then gave each neighborhood a SnackAbility score based on things like safety, jobs, affordability, and amenities. We're going to leave this right here, if you get to call one of Louisville's top ten best neighborhoods home, you're pretty lucky.
But, the odds are in your favor if you want to score a great deal on a home in the Cherokee Triangle neighborhood and you make $44,620/year. The homes here cost $145,919. You won't need a fancy hat and a bow tie to feel at home in the Deer Park neighborhood. Not only are the people in this community super chill, the median home price is, too. Matter of fact, you can pick up a solid, single family home for around $145,919. And, if you're placing your bet on the trifecta, you're going to want to score a home in Belknap. This place is super safe, super affordable, and there's a ton of cool stuff to do -- the best Kentucky has to offer.
However, if you want to know how we ranked Louisville's cream of the crop, grab a mint julep, find a sunny spot along the city's Waterfront Park, and keep reading.
The Best Neighborhoods In Louisville For 2022
Speaking of a ton of stuff to do, there is no shortage of fun to be had in Downtown Louisville or any one of its gold star neighborhoods and surrounding areas. We can't write an article about Louisville without mentioning the Kentucky Derby, right? And, if you're a social butterfly, Whiskey Row and Fourth Street both have a lively social scene with great restaurants and bourbon distilleries.
So, what Louisville neighborhood deserves the Triple Crown? According to the latest census numbers, Bonnycastle, is the big winner.
But, before you run off and buy your forever home in Bonnycastle, take a look at how the rest of Louisville's best neighborhoods ranked--there might be some surprises.
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The 10 Best Neighborhoods To Live In Louisville
Rank Last Year: 1 (No Change)
Median Home Value: $421,400 (Second best)
Median Income: $64,945 (13th best)
More on Bonnycastle: Homes For Sale | Data
Rank Last Year: 2 (No Change)
Median Home Value: $249,950 (Ninth best)
Median Income: $65,081 (12th best)
More on Tyler Park: Homes For Sale | Data
Rank Last Year: 3 (No Change)
Median Home Value: $221,050 (15th best)
Median Income: $70,454 (Eighth best)
More on Hayfield Dundee: Homes For Sale | Data
Rank Last Year: 4 (No Change)
Median Home Value: $257,480 (Seventh best)
Median Income: $82,708 (Fourth best)
More on Belknap: Homes For Sale | Data
Rank Last Year: 6 (Up 1)
Median Home Value: $233,240 (13th best)
Median Income: $69,178 (Tenth best)
More on Deer Park: Homes For Sale | Data
Rank Last Year: 5 (Down 1)
Median Home Value: $162,200 (20th best)
Median Income: $49,028 (2best)
More on Highlands: Homes For Sale | Data
Rank Last Year: 7 (No Change)
Median Home Value: $350,100 (Third best)
Median Income: $87,941 (Third best)
More on Highlands Douglas: Homes For Sale | Data
Rank Last Year: 8 (No Change)
Median Home Value: $286,720 (Fifth best)
Median Income: $53,751 (18th best)
More on Cherokee Triangle: Homes For Sale | Data
Rank Last Year: 9 (No Change)
Median Home Value: $270,450 (Sixth best)
Median Income: $77,694 (Fifth best)
More on Rock Creek Lexington Road: Homes For Sale | Data
Rank Last Year: 10 (No Change)
Median Home Value: $522,300 (best)
Median Income: $128,611 (best)
More on Cherokee Gardens: Homes For Sale | Data
Methodology: How We Determined The Best Louisville, KY Neighborhoods In 2022
In order to rank the best neighborhoods in Louisville, we had to determine what criteria defines a "best".
Using crime, census, and extrapolated BLS data, we arrived at the following set of criteria:
- High incomes
- Low unemployment rates
- Low crime
- High home prices
- High population densities (A proxy for things to do)
We then ranked each neighborhood with scores from 1 to 65 in each category, where 1 was the best.
Next, we averaged the rankings for each neighborhood to create a best neighborhood index.
And finally, we crowned the neighborhood with the lowest best neighborhood index the "Best City Neighborhood In Louisville." We're lookin' at you, Bonnycastle.
Read on below to learn more about what it's like to live in the best places Louisville, Kentucky has to offer. Or skip to the end to see the list of all the neighborhoods in the city from best to worst.
Summary: Putting A Bow On Our Analysis Of The Best Neighborhoods In Louisville
If you're measuring the neighborhoods in Louisville where crime is low and everyone wants to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Louisville aren't all good. Park Hill takes the title of the worst neighborhood to live in Louisville.
We ranked the neighborhoods from best to worst in the chart below.
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