According to statistics, the population in London, KY amounts to 8,000, which shows decline -1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $32,551, shifting decline -3% from the past year, and the average property value in London, KY decline -5% to $113,500 throughout the year.
|Number Of Employees||3,208|
|Median Property Value||$113,500|
The average household income in London, KY declined from $33,665 to $32,551 in the past year. This data is an estimate based upon 3,393 households in London, KY . The chart below presents how household income is distributed in London, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in London, KY shifted from $120,000 to $113,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in London, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of London, KY properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in London, KY compared to median property taxes around the country. The prevalent amount of property taxes in London, KY equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near London, KY decreased by 28.9% to $161,446.
Asking price for 2-bed apartment also decreased by 18.5% and a place of this size will now cost you $141,666. A 3-bed apartment goes for $227,631, it decreased by 10% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 51.6% and made it down to $213,769.
Price reports demonstrate that house price decreased by 22.1% this month making it up to $217,969. You can now purchase a duplex for just $165,000, duplex price decreased by 29.8% this month.