London, KY Rent To Own Homes

Rent-to-Own Homes in London, KY: What You Need to Know

The tranquil town of London offers a peaceful lifestyle among a tight-knit community at a low cost of living. Its many trails and outdoor activities crowned it the “Cycling Capital of Kentucky”. 

Local Population

With a population of just 8,100, residents here pride themselves on their strong sense of community. 60% of London locals are married, and 43% have families with children under 18. The median age is 39, and the median household income is $34,441. 26.7% of citizens here fall below the poverty line. An overwhelming majority of people are White (92.5%), followed by Black (2.6%), Asian (1%), American Indian and Alaska Native (.7%), Latino (.2%), and other/mixed (3%). 

Local Culture

The outdoorsy lifestyle is prevalent in London. Its residents enjoy hiking, hunting, cycling, golfing, fishing, and kayaking in the many rivers, lakes, and parks of the surrounding area. Locals also take pride in their area’s rich Civil War history, even engaging in yearly reenactments. Every September, the town gathers for the World Chicken Festival, an ode to Kentucky Fried Chicken. Residents love the pizza at Gondolier Italian Restaurant and keep their southern heritage alive at Smokey Bear’s BBQ. 

Job Opportunities

London’s job market grew by 2.5% over the past year. The average salary is $30,286, and the unemployment rate is 5.8%, a record low since the Great Recession in 2008. Major employers include Bimbo Bakeries, Flowers Foods, Aisin, Springleaf Financial, Walmart, and Highlands Diversified Solutions. Retail is the biggest employment industry at 17.2%, followed by healthcare (10.5%), manufacturing (9.5%), education (9.1%), public service (8.1%), accommodation (6.8%), and construction (5.8%). Some residents commute to Knoxville or Lexington, both an hour and a half away.

Things to Do in London 

London’s official town website lists exciting outdoor adventures available, like a horse camp, offroading tours, and a treetop aerial camp. Experiencing the beautiful nature surrounding London is a must, but the town itself offers plenty of exciting things to do too. You can shop and dine in one of the many ethnically diverse restaurants in the well-maintained historic downtown. The London Dragway hosts events and classes for interested thrill-seekers. London even has its own Escape Room for anyone up for the challenge. 

Weather and Climate

London’s climate is relatively pleasant most of the year. Though summers don’t get too hot, the high humidity can make it uncomfortable. The winter sees significant snowfall, especially in January. Average lows in the winter are 24°F, while average highs in the summer are 86°. The town receives about 48 inches of rain per year.