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London

Learn about the people, housing, costs and businesses in London, Ohio

Median Home$208,236
Median Rent$927/month
Population10,669
Leading IndustriesFinance & Insurance · Wholesale Trade · Information & Media8% finance & insurance
Home Value Growth⬆⬆+11.8% over 2 years
Young Adults27% of residentsnear the national average
Homeowners67% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
London
OH

Frequently Asked Questions

What are today's mortgage rates in London?

As of today, the 30-year fixed mortgage rate for London is approximately 6.996% (7.036% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in London?

The median home value in London is $208k. The median monthly rent is $927. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in London?

Home values in London have increased 11.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in London?

Based on a typical all-in ownership cost of $1,043/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in London is $68k/year.

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What industries drive the economy in London?

The largest employment sectors in London are public administration (17%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.