SELLERSBURG, IN (Haley Cawthon: WLKY News) —
A Southern Indiana town just 10 miles north of Downtown Louisville is one of the best suburbs in the U.S., according to Louisville Business First’s reporting on a recent study.
Sellersburg, Indiana, came in at No. 19 on SmartAsset’s ranking of best suburbs to live in near a large city. SmartAsset is a publisher of consumer-focused financial guides. Sellersburg ranked No. 19 overall out of 494 places in the study.
Here’s how it came up with the ranking:
- Jobs, including median household income, five-year growth in income and unemployment rate;
- Affordability, including housing costs as a percent of income, home value-to-income ratio and estimated annual cost of living; and
- Livability, including high school graduation rate, dining and entertainment as a percent of all establishments and crime rates.
While Sellersburg scored lower for jobs (69) and livability (69), it had high marks for affordability (80). The town, which has just over 9,000 residents, is home to multiple private schools, one of the top-ranked public school systems in the state, Silver Creek School Corp., and Ivy Tech Community College, according to the town’s website.
Sellersburg is also one of the wealthiest zip codes in the Louisville region, according to Louisville Business First research. Its median household income was about $75,400 in 2020, and nearly 8% of households there earned $200,000-plus incomes.
SmartAsset analyzed about 500 suburbs located within 15 minutes to an hour by car of a large city, which it categorized as those with a population of at least 250,000 people.