Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
London is a small city located in the state of Kentucky. The city has a population of 8,058 residents. According to the most recent Census, 93% of London residents are White, 2% Black and 1% Asian. If you prefer shorter commutes, living in London will be a delight. With an average one-way commute time of just 17 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in London, Kentucky could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like cost of living, health & safety, education, you can easily compare the best places to live in London and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare London to Kentucky and the national average.
London, KY receives 66 out of 100 for its livability score; this results in a ranking of #214 in Kentucky and #10,257 in the USA. There are nine total categories that create the livability score. London ranks well for cost of living (A+) and housing (B) The bad news for London, there are some categories for which it does not rank well, this includes: amenities (F) and employment (D).
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of London, it boasts a notably low violent crime rate of 176 crimes per 100,000 residents, which significantly outperforms the national average.
The unemployment rate in London has consistently declined over the years and currently stands well below the national average at 1.17%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The London market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in London is actually affordable. Median real estate prices in London come in at $130,100, which is 3.2% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In London, the home price to income ratio is 3.2, which is 14.3% higher than the Kentucky average.
| Statistic | London | Kentucky | National |
| Average one way commute | 17min | 23min | 26min |
| Workers who drive to work | 83.1% | 82.2% | 76.4% |
| Workers who carpool | 9.0% | 9.7% | 9.3% |
| Workers who take public transit | 0.5% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 1.0% | 2.4% | 2.8% |
| Working from home | 6.3% | 3.3% | 4.6% |
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