London, TX — income, home value, property tax, and sales tax.
In ZIP code 76874, near London, households weighing where to settle will find the county property tax rate sitting at 1.27 percent, a figure that shapes annual housing costs alongside the sales tax of 6.25 percent applied to everyday purchases. A paycheck here stretches or tightens depending on how those two rates interact with take-home pay: property taxes scale with assessed home value, while the sales tax adds a bit to each transaction at the register. Together they frame what a family can set aside for savings, utilities, or debt. Knowing both rates helps buyers and renters alike plan a yearly spending picture that matches actual earnings.