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General Information <br />Louisville's colorful past has now transitioned <br />into the age of technology. Manufacturing and <br />high-tech industry have provided a solid <br />economic base for Louisville, bringing with it <br />stores, restaurants and other amenities for <br />residents to enjoy. <br />Facts <br />The City of Louisville (City) is a Colorado <br />Home Rule municipality with approximately <br />19,080 residents and 7.9 square miles within <br />the municipal boundaries. The City, <br />incorporated in 1882, lies in southeastern <br />Boulder County roughly six miles east of the <br />City of Boulder and 25 miles northwest of <br />Denver. <br />Climate <br />Mean Temperatures: <br />January - 29.5 degrees F, <br />July - 72.0 degrees F, <br />October - 52.6 degrees F. <br />Days of Sunshine: 275/year <br />Inches of Rain: 15.5/year <br />Growing Season: 148 days. <br />Because of its central location in the state, <br />Louisville never experiences the extremes <br />found in the mountains and plains of <br />Colorado. The city has about 275 days of <br />sunshine a year and when heavy snowfalls <br />occur, they are usually followed by sunny, dry <br />days. To Louisville residents, this means mild <br />days throughout the year to play golf, catch a <br />round of tennis, enjoy an afternoon in the <br />park, or walk the many miles of trails <br />throughout the city. <br />Population and Household Growth <br />Louisville is located in the western portion of <br />the high -growth northern Denver Metro Area. <br />Over the next 25 years, this area is expected to <br />grow at twice the rate of the region as a whole. <br />Much of this growth is projected to be in <br />southwestern Weld County, Broomfield <br />County and western Adams County. <br />Louisville grew at a compound average annual <br />growth rate of 3.1% between 1990 and 2003 - a <br />considerably faster rate than either Boulder <br />County and Denver Metropolitan Area over <br />this period, but not as fast as the surrounding <br />communities of Broomfield, Lafayette and <br />Superior. Louisville's average household size <br />declined from 2.68 to 2.61, while average <br />household size in Boulder County and the <br />Denver Metro Area increased. This is a <br />reflection of Louisville's increasing average age <br />population. Since the 2000 Census, Louisville's <br />population has experienced very limited <br />growth (0.4%) as most residential land supplies <br />have not completed the entitlement process, <br />although over 1,000 housing units are <br />permissible under current zoning throughout <br />the City. <br />Age Distribution <br />Louisville's age distribution skews slightly <br />older than surrounding communities in <br />Boulder County. Of particular significance, <br />Louisville has a higher share of "baby <br />boomers" (45 to 54 age group) moving toward <br />retirement. There has been a decline in the <br />number of children ages 5 to 14, as well as <br />adults ages 35 to 44. <br />Education <br />Louisville has one of the most highly educated <br />populations among surrounding communities. <br />Overall, the higher educational levels in <br />Boulder County reflect the area's high-tech <br />business environment, as well as the influence <br />of the state's largest university, the University <br />of Colorado. <br />Household Incomes <br />Corresponding to education level, median <br />household incomes in Louisville ($75,300) are <br />the highest among Boulder County <br />communities. Overall, Boulder County <br />incomes skew considerably higher than the <br />Denver Metro Area as a whole, again due to <br />the presence of high-tech industries. The <br />median household income in Louisville is <br />expected to grow to $85,379 by 2008 or 13% <br />over the 2003 median income estimates. The <br />average household income in Louisville is <br />significantly higher than the median income <br />suggesting a wide range of household incomes <br />is present in the community. Average <br />household income is projected to increase <br />2 <br />