Pros and Cons of Living In London, Kentucky. Is London, KY a Nice Place To Live or Retire?

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London, Kentucky

Moving to London In Kentucky ? Is London, KY a Nice Place To Live? Pros and Cons of Living in London, Kentucky. Find out the best and worst about to live, raise a family or retire in London.

London is a home rule-class city in Laurel County, Kentucky, in the United States. It is the seat of its county. The population was 8,053 at the time of the 2020 census. It is the second-largest city named "London" in the United States and the fourth-largest in the world. It is part of the London, Kentucky micropolitan area. Of the seventeen micropolitan areas in Kentucky, London is the largest; the London micropolitan area's 2010 Census population was 126,368. London is also home to the annual World Chicken Festival that celebrates the life of Colonel Sanders and features the world's largest skillet.

DEMOGRAPHICS

Population
8058
Unemployment
2.5%
47% NAT AVG.
Poverty
27.8%
99% NAT AVG.
Cost Of Living
88
12% NAT AVG.

ECONOMICS

Median Home Cost
$130100
43% NAT AVG.
Median Income
$40574
40% NAT AVG.
Median Rent
$661
43% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
298
57% NAT. AVG.
81% STATE AVG.
Violent Crime
8
74% NAT. AVG.
62% STATE AVG.
Property Crime
290
83% NAT. AVG.
102% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 40
People Earning < $10,000
1 in 5
People Earning < $50,000
56.2%
People With Any Degree
1 in 5

ETHNICITY

Ethnicity London USA
White 92.6% 60.1%
African American 1.9% 12.2%
American Indian 0.1% 0.6%
Asian 1.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.5% 2.8%
Hispanic 1.4% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME London USA
Less than $10,000 18.4% 5.8%
$10,000 to $14,999 6.2% 4.1%
$15,000 to $24,999 14.7% 8.5%
$25,000 to $34,999 6.9% 8.6%
$35,000 to $49,999 10% 12.0%
$50,000 to $74,999 20.8% 17.2%
$75,000 to $99,999 11.1% 12.8%
$100,000 to $149,999 6.2% 15.6%
$150,000 to $199,999 3.2% 7.1%

EDUCATION

Education London USA
< 9th Grade 8% 5.0%
9-12th Grade 9% 7.0%
High School or GED 41% 27.0%
Other College 22% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 8% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
London is a city in Kentucky state in USA with a population of 8058 residents.. The poverty rate of London is 27.8%, which is 99% higher than national average. The typical household in London earns $40574 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of London remained 2.5%, which is 47% lower than national rate.

Cost of living in London is 88, which is 12% lower than national average. In London, only 13% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in London is $130100 , which is 43% lower than national average. While median income in London remained $40574, which is 40% lower than national average.
London Scorecard

Jobs70%

Housing50%

Affordability70%

Safety60%

Amenities70%

Diversity50%

Education40%

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