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In-Depth: Create Quality Neighborhoods
Louisville takes great pride in its neighborhoods, and increasing home
values show it’s more than lip-service.
Appreciation in the median home value
edged Louisville up among its peers. Most
importantly, values have risen in revitalized
western and southwestern neighborhoods
that had lost residents in recent decades.
The rate of homeownership,
a prime indicator of neighborhood
stability, produced an anomaly in 2000 that
continued through 2005: the rate continued
to drop among African-Americans, while it
rose among white families here and among
both groups in other cities.
Louisville’s crime rate continues to be one
of the lowest among its peer cities, but
2005 data showed a slight uptick following
steady declines over the last decade. |
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