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Old 12-24-2014, 07:59 AM
 
Location: TN/NC
35,077 posts, read 31,302,097 times
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I certainly think extreme southern IN is underrated from a natural beauty standpoint. Still, it doesn't take too far from Louisville to be in a pancake cornfield.
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Old 12-24-2014, 02:47 PM
 
Location: Louisville Area
68 posts, read 106,436 times
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Quote:
Originally Posted by Peter1948 View Post
Yet Indiana seems to still be doing slightly better at atracting jobs. KY has its own set of issues. But you are correct that wages in the city of Louisville are higher than a similar job across the river.
I think that's typical, regardless of the "right-to-work" status. Cost of living is higher on the KY side. I'd say that's a bigger indicator of wages for specific trades.
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Old 12-24-2014, 02:54 PM
 
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Quote:
Originally Posted by Peter1948 View Post
Yet Indiana seems to still be doing slightly better at atracting jobs. KY has its own set of issues. But you are correct that wages in the city of Louisville are higher than a similar job across the river.
We love Louisville like crazy!! I dont know why, but we do . . . That said, with retirement looming, we are looking for ways to save money. We are definitely going in to a smaller house no matter where we end up, but New Albany is sure looking like a contender for this smalling-down lifestyle. "Small" in the Highlands is still kind of expensive
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Old 12-24-2014, 02:58 PM
 
3,463 posts, read 5,660,766 times
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Originally Posted by McDougal66 View Post
I think that's typical, regardless of the "right-to-work" status. Cost of living is higher on the KY side. I'd say that's a bigger indicator of wages for specific trades.
If you go to Dept of Labors own website, RTW states always pay way less in wages and benefits. Its good in one way in that it will draw huge corps there, but its bad in another, in that no area ever benefitted from the citizenry not having disposable income or high-salary positions to draw the best and brightest to that area.
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Old 12-24-2014, 03:06 PM
 
Location: Louisville Area
68 posts, read 106,436 times
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Quote:
Originally Posted by thunderkat59 View Post
We love Louisville like crazy!! I dont know why, but we do . . . That said, with retirement looming, we are looking for ways to save money. We are definitely going in to a smaller house no matter where we end up, but New Albany is sure looking like a contender for this smalling-down lifestyle. "Small" in the Highlands is still kind of expensive
Agreed! We recently did just that (although we're nowhere near retirement). Assuming you like the older neighborhoods, you get so much more house for the money. Lots of really nice older urban neighborhoods. Coming from the Clifton / Crescent Hill area. If you need tips, let me know.
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Old 12-24-2014, 03:11 PM
 
Location: Louisville Area
68 posts, read 106,436 times
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Quote:
Originally Posted by thunderkat59 View Post
If you go to Dept of Labors own website, RTW states always pay way less in wages and benefits. Its good in one way in that it will draw huge corps there, but its bad in another, in that no area ever benefitted from the citizenry not having disposable income or high-salary positions to draw the best and brightest to that area.
Definitely true, as non "right-to-work" are less employee-friendly. While that does play a role, I'd say that the difference found between both sides of the river has many factors, and a large one I suspect is cost of living.

"Right-to-work" is a huge misnomer too. Nothing of the sort.
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Old 12-24-2014, 05:24 PM
 
Location: New Albany, Indiana (Greater Louisville)
11,974 posts, read 25,476,450 times
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Indiana just recently became a RTW state, so I doubt that has much impact for now. I'm not an economic law expert but it's pretty clear that Indiana (and South Dakota) are the job engines of an otherwise dying Midwest region.

Now in the metro area the best paying jobs are nearly all in the eastern half of Louisville. Most jobs on the Indiana side are lower paying office / medical, factory, or retail. That may change once those bridges are complete. River Ridge is posed to become Bluegrass Industrial Park North.

For now there's a bachelor's degree gap. Right now Floyd Co is at 22%, Clark at 19%. Louisville / Jefferson Co is at 30%, Oldham is 40%, Shelby 24%, Spencer 16%, Bullitt 12%. Not saying having a degree is the end all but high end companies do look for things like that
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Old 12-24-2014, 10:33 PM
 
7,070 posts, read 16,744,788 times
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Quote:
Originally Posted by thunderkat59 View Post
We love Louisville like crazy!! I dont know why, but we do . . . That said, with retirement looming, we are looking for ways to save money. We are definitely going in to a smaller house no matter where we end up, but New Albany is sure looking like a contender for this smalling-down lifestyle. "Small" in the Highlands is still kind of expensive
New Albany would be a way to "still love Louisville" but get to be a part of lower taxes and frankly still a "dirty cheap" way of things for living 5 miles from what I still consider to be a mid major to major downtown center.

:: Historic New Albany ::

I mean, there are historic homes on there some of them almost mansions in decent shape, for less than 100k....Louisville has started to get discovered but it may be a decade or more before New Albany does...get it now while the getting is good!


http://www.historicnewalbany.com/def...=125000,200000


177k? really??? That home in the Highlands or anywhere with that detail would be at least 500k.

Last edited by Peter1948; 12-24-2014 at 10:44 PM..
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Old 12-27-2014, 04:46 PM
 
Location: Louisville KY
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My girl goes on about how at one point they had rented a five bedroom house for about 400 a month in New Albany. I don't want to live anywhere but Louisville.
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Old 12-28-2014, 07:45 PM
 
Location: Louisville Area
68 posts, read 106,436 times
Reputation: 32
Quote:
Originally Posted by Peter1948 View Post
New Albany would be a way to "still love Louisville" but get to be a part of lower taxes and frankly still a "dirty cheap" way of things for living 5 miles from what I still consider to be a mid major to major downtown center.

:: Historic New Albany ::

I mean, there are historic homes on there some of them almost mansions in decent shape, for less than 100k....Louisville has started to get discovered but it may be a decade or more before New Albany does...get it now while the getting is good!


:: Historic New Albany ::


177k? really??? That home in the Highlands or anywhere with that detail would be at least 500k.
It's amazing, isn't it? I think we'd be hard-pressed to find any comparable area outside any city center that's as cheap for that kind of house/mansion. The "regular" older homes there are an even lesser-known surprise.
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