City Council Study Session Agenda and Packet 2017 01 24

Home Browse Search

LOUISVILLE ENERGY ACTION PLAN Demographics Louisville had a population of 20,112 in 2014, making it the 36th most populated city in Colorado and the 3rd largest city in Boulder County.2 According the U.S. Census numbers, the city has experienced 2% annual growth since 2010. This outpaces trends of the greater Denver metropolitan region where the average population growth rate is approximately 1.5% per year since 2010. While the overall population is growing, it is trending older, with an average median age of 42 years while Boulder County's and the Denver metro area's median age is about 36. Nearly half (42%) of the population are aged between 25 and 55, which comprises much of the employed population. Louisville's population is majority white (86%), with those of Hispanic origin comprising the second largest racial or ethnic group (6%).3 Compared to the Denver metro area (66%), Louisville has a significantly higher proportion of white residents. Figure 4 displays the racial composition of Louisville. Hispanic 6% Asian Multiracial 4% 3% 2014 American Community Survey 5 -Year Estimates Figure 4. City of Louisville Demographics Housing According to the US Census, there are approximately 8,3004 housing units in Louisville, 83% of which are single-family detached or attached structures. Of the available housing stock, 72% are owner -occupied and 28% renter occupied. Moreover, the housing stock in Louisville is considered mature with only 7% of homes built since 2000. In fact, 64% of homes were built between 1980 and 1990, representing a unique housing vintage with significant opportunity for energy efficiency improvements and savings. Growth 2 2016 — City of Louisville Statistics 3 U.S. Census Bureau, American Community Survey Estimates 2015 4 8,274 according to the U.S. Census Bureau, American Community Survey Estimates 2015 4 12