Page 45 - How To Buy A Home In Louisville

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Neighboring Counties (Continued)

OLDHAM COUNTY

Recently, Oldham County has become famous for its award-winning school system
but it has always been known for its 190 square miles of beautiful countryside and
rolling hills. Founded in 1823, most of the houses and communities have only been
there for 40 years. Home to the cities of La Grange, Goshen, Crestwood, Orchard

Grass Hills, Park Lake, Pewee Valley, and River Bluff. Interstate 71 connects Oldham
County to downtown Louisville, approximately a 35-minute commute. This is the
wealthiest county in Kentucky.

Population (2015): 64,875 Neighborhoods & Home Values

Median Income (2015): $85,452
Hillcrest $435,000 - $770,000
Median Home Value (2016): $274,100
Paramont Estates $462,000 - $890,000
Unemployment (April 2017): 3.5%
Area: 196 Square Miles Poplar Hill $243,000 - $285,000

Largest City: La Grange L’Esprit $348,000 - $849,000

SHELBY COUNTY

From downtown Louisville, Shelbyville is about 35 minutes via I-64, which is an
easy commute from city life to horse country. Shelby County is known as the
“golden triangle,” which refers to its geographic location in regards to Louisville,
Lexington, and Cincinnati. Shelby County’s low unemployment rate is attributed to
it’s geographic location which makes economic opportunities lucrative, especially

within the distribution and manufacturing fields.

Population (2015): 45,632 Neighborhoods & Home Values

Median Income (2015): $46,213
Cardinal Club $107,000-$467,000
Median Home Value (2016): $193,700
Meadowbrook $122,000-$255,000
Unemployment (April 2017): 3.4%
Area: 386 Square Miles Rolling Ridge $143,000-$188,000

Largest City: Shelbyville Midland Estates $81,000-$143,000

The River Valley Realty Group - How to Buy a Home in Louisville, Kentucky 43