Is London, Kentucky a Good Place To Live? - Living In London, KY

Is London, Kentucky a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in London, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of London remained 2.5%, which is 47% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In London, only 13% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in London is 88, which is 12% lower than national average. 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.
Population
8058
Unemployment
2.5%
47% NAT AVG.
Poverty
27.8%
99% NAT AVG.
Overall Score
5
Median Home Cost
$130100
43% NAT AVG.
Median Income
$40574
40% NAT AVG.
Median Rent
$661
43% NAT AVG.
Cost Of Living
88
12% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 40
People Earning < $10,000
1 in 5
People Earning < $50,000
56.2%
People with <= High School
1 in 1.7
People With Any Degree
1 in 5
Pros & Cons Overview

Jobs70%

Housing50%

Affordability70%

Safety60%

Amenities70%

Diversity50%

Education40%

Commute90%