London, KY
Population 7,576 · Kentucky
About London, KY
London is a small town located in Kentucky with a population of 7,576 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,850 per year, which is 39% below the national median of $75,149. The median age of 39.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in London features a median home value of $155,500, which is 37% below the national median of $244,900. This positions London in a moderately priced market relative to the rest of the country. Median monthly rent is $783, 33% below the national average of $1,163/month. Of the 3,518 total housing units, 48% are owner-occupied (1,435 units) and 52% are renter-occupied (1,526 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in London shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 31.7%, above the national average of 12.4%. Workers in London have an average one-way commute time of 21.2 minutes.
Education & Demographics
16.8% of London residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.1% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in London, KY
Compared to national averages, London has a median household income of $45,850 (39% below the national median of $75,149). Home values average $155,500, which is 37% below the national median. Monthly rent at $783 is 33% below the US average of $1,163. Within Kentucky, London's income is 31% below the state average of $66,273, and home values are 15% below the state median of $182,504.
Why Live in London, KY?
London offers affordable housing with a median home value of $155,500, below the US average of $244,900, and rent that’s lower than the national average at $783/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($45,850) that falls below the national average. However, London’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
London has a population of 7,576 with a median age of 39.4 years. Compare London with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near London
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pikeville | 7,560 | $39,216 | $301,300 | Compare |
| Mount Sterling | 7,549 | $50,843 | $178,200 | Compare |
| Union | 7,494 | $139,013 | $382,900 | Compare |
| Villa Hills | 7,378 | $108,750 | $339,800 | Compare |
| Flatwoods | 7,281 | $60,467 | $112,200 | Compare |
| Russellville | 7,244 | $47,875 | $156,000 | Compare |
| Oak Grove | 7,945 | $47,886 | $143,500 | Compare |
| Morehead | 6,924 | $35,000 | $176,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare London With Other Cities
Frequently Asked Questions about London
What is the population of London, KY?
The population of London, KY is 7,576 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Kentucky.
What is the median household income in London?
The median household income in London, KY is $45,850 per year, which is 39% below the national median of $75,149.
What is the median home value in London?
The median home value in London, KY is $155,500, which is 37% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in London?
The median monthly rent in London, KY is $783, which is 33% below the national average of $1,163/month.
What is the unemployment rate in London?
The unemployment rate in London, KY is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is London, KY a good place to live?
London offers a moderate cost of living, affordable housing, and a strong job market. With a population of 7,576 and a median age of 39.4, the city appeals to a broad range of residents.
How educated is London, KY?
16.8% of residents in London aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in London?
Key cost-of-living indicators for London, KY: median home value is $155,500 (37% below national), median rent is $783/month, and median household income is $45,850. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in London?
The poverty rate in London, KY is 31.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is London, KY?
London's population is 1.1% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 1.1% two or more races. 1.6% of residents are foreign-born.