Living in London, Kentucky
Cost of living, income, home prices, rent and demographics of London · Census data 2020–2024
London has 7,561 residents with a median age of 40. The median household income is $47,591 (25% lower than the Kentucky median), the median home value is $170,200, the median rent is $815/month.
London at a glance
- Population
- 7,561
- Median age
- 40State: 39.1
- Median household income
- $47,591State: $63,726
- Median home value
- $170,200State: $205,600
- Median rent
- $815/moState: $967
- Homeowners
- 47.2%
- Bachelor's degree or higher
- 18%
- Average commute
- 24 min
Is London a good place to live?
Pros: Home values 17% lower than the state median; unemployment of 3.5%.
Cons: Median household income 25% lower than the Kentucky median; an average commute of 24 minutes; a poverty rate of 30.2%.
The weather is best in May and August to October.
Cost of living in London
Housing is the biggest part of the cost of living. In London the median home value is $170,200, 49% lower than the U.S. median. Renters pay a median of $815 per month, which is 25.5% of household income. Homeowners with a mortgage pay $1,363 a month in housing costs.
London median household income
The median household income in London is $47,591 and the income per person is $25,635. 30.2% of residents live below the poverty line (Kentucky: 16.1%).
Housing in London: homes for sale and rent
- Housing units
- 3,682
- Owner-occupied
- 47.2%
- Renter-occupied
- 52.8%
- Vacant
- 14.9%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.19
London demographics
- Population
- 7,561
- Median age
- 40
- Under 18
- 23%
- 65 and older
- 20.8%
- Households
- 3,135
- Foreign-born
- 1.3%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of London ›
Education in London
18% of adults 25 and older in London have a bachelor's degree or higher (Kentucky: 27.6%), and 9% have a graduate or professional degree.
Jobs and commute in London
- Unemployment rate
- 3.5%State: 4.9%
- Average commute
- 24 minState: 24 min
- Work from home
- 15.1%
- Drive alone
- 68%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 89.9%
London vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| London | 7,561 | $47,591 | $170,200 | $815 |
| East Bernstadt | 669 | $35,903 | $91,900 | $599 |
| North Corbin | 2,190 | $51,447 | $157,700 | $843 |
| Corbin | 8,246 | $51,065 | $166,000 | $733 |
| Livingston | 187 | $38,393 | $72,000 | — |
| Annville | 1,063 | $56,250 | $86,600 | — |
| Manchester | 1,541 | $23,529 | $140,500 | $596 |
| Rockholds | 130 | $31,025 | — | — |
| Barbourville | 3,146 | $22,046 | $182,400 | $702 |
More for people moving to London
London ZIP code ›Weather and climate ›Living in London: FAQ
What is the median household income in London, KY?
The median household income in London is $47,591, 25% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in London?
The median home value in London is $170,200, compared with $205,600 in Kentucky.
How much is rent in London?
The median gross rent in London is $815 per month, about 25.5% of household income.
Is London, KY a good place to live?
Pluses: home values 17% lower than the state median; unemployment of 3.5%. Minuses: median household income 25% lower than the Kentucky median; an average commute of 24 minutes; a poverty rate of 30.2%.
What is the median age in London?
The median age in London is 40 years (Kentucky: 39.1).
How long is the commute in London?
The average commute to work in London is 24 minutes; 15.1% of workers work from home.
What is the unemployment rate in London?
The unemployment rate in London is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is London?
18% of adults in London have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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