Interested in purchasing investment houses in the 40741 zip code in London, KY?
The zip code 40741 is in both Laurel and Clay counties with a latitude of -84.126160000000 and longitude of 37.137510000000, is in the state of Kentucky. The average asking price of houses and condos is $196,547.00 and the average sale price was $59,728.00. this regions is classified as the Lexington metro area and is in the 606 area code. The location in degrees is 37° 8' 15.036" N, 84° 7' 34.176" W. The county F.I.P.S. is 21125. The total land area is 209.1 square miles and the water area is 1.7 square miles. The elevation in this area is 1024 - 1289 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40741 is in county number 051 and is L. Sector 90, L. Segment 75, H. Sector 75, and H. Segment 75. The population was 24,637 in 2019 and 21,875 in 2010. Of this, the break down in 2019 was 7,812 urban and 16,824 rural. This further breaks down to 11,961 males (48.6%) and 12,675 females (51.4%). The median age of residents is 40.5 years. The population of the greater London, KY area is 58,168. The population density (people per square mile) is 118. This zip code has a combined total of 10,166 houses and condos. There are 3,007 rented appartments. 33% of residents rent versus the 33% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $43,321 and the average salary is $37,054. The median household income of individuals is $34,345.00 and the average is $50,360.00. This zip code has a mean commute time to work of 19.6 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 68.30% (Under $50,000), 23.60% ($50,000-$100,000), and 8.10% earn over $100,000. 23.8% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 82.3. The educational breakdown is 81.5% have a high school education or higher, 15.2% have a bachelor's degree or higher, and 6.2% have some kind of profesional degree.
This area has 8,682 households and the average size is 2.6 people. Individuals who are single and have never been married are 25.1%, 50.1% are now married, 3.1% are separated, 6.5% are widowed, and 15.2% are divorced. The average yearly contribution amount given by people to charity was $5,308 versus the state average of $4,303. The percent of residents who gave to charity was 16.0%.
The estimated median value of houses and condos is $131,363. The median monthly owner costs of mortgage holders was $1,046, where as the costs for those who don't have a mortgage are $325. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $821. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,257. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $913. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $636. Reported taxable interest for persons was $1,778, dividends $4,248, capital gains +$8,492, and itemized deductions $20,326. The average earned income tax credit is $2,254. The percent of individuals that use a tax preparer is 70.9%. The total average income taxes paid by individuals was $7,363. Businesses reported an average profit of $11,077.
Shiloh Steakhouse
218 W Hal Rogers Pkwy, London, KY 40741
Shiloh Express
575 Highway 192 W, London, KY 40741
Dino's Italian Restaurant & Lounge
392 London Shopping Ctr, London, KY 40741
Fazoli's
2174 Ky-192, London, KY 40741
Masa Hibachi Grill And Sushi
100 Bacho Way Ste 1000, London, KY 40741
Texas Roadhouse
2024 Highway 192 W, London, KY 40741
Old Town Grill
25 Dogpatch Trading Ctr, London, KY 40741
Cheddar's Scratch Kitchen
125 Faith Assembly Church Rd, London, KY 40741
Somerset Diners
112 Shiloh Dr, London, KY 40741
Frisch's Big Boy
Highway 192, London, KY 40741
Weaver's on 4th
133 E 4th St, London, KY 40741
Mama Rosa's Chicago Style Sandwich
805 S Main St, London, KY 40741
Barrel Restaurant Smokin
41 Shiloh Dr, London, KY 40741
El Dorado Mexican Restaurant
1903 Highway 192 W, London, KY 40741
HomeTown Buffet
309 Chestnut St, London, KY 40741
Great Wall
180 London Shopping Ctr, London, KY 40741
Cayenne Southwest Grill
1574 S Main St, London, KY 40741
Patron Grill
1574 S Main St, London, KY 40741
Mama's Restaurant
1024 Highway 192 W, London, KY 40741
HomeCooker
15 Dogpatch Trading Ctr London Auto Truck Center I-75 At Exit 41, London, KY 40741
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