London, KY — income, home value, property tax, and sales tax.
In ZIP code 40741, which takes in London, homes carry a median value of $168,500, and the county's 0.57% effective property tax rate works out to roughly $960 a year on a house at that price. With median household income at $64,552 and per-capita income at $29,340, that tax bill absorbs a little under 2% of what a median-earning household brings in. A 6.00% combined sales tax applies to purchases. Home prices here stay within reach of local earnings, and the property tax they generate stays contained alongside them.
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