London, KY — income, home value, property tax, and sales tax.
ZIP code 40983, centered on London, sits in working-class economic territory. Median household income of $16,801 and per-capita income of $15,713 fall well below statewide norms, signaling a community where earnings are stretched thin. Property taxes run at an effective 0.71% of value at the county level, a rate that keeps annual bills lower than many places, though that advantage shrinks against such limited incomes. Sales tax combines to 6.00%, adding cost to everyday purchases. Together these figures describe a place where tax rates are not the main pressure — low wages are.