London, Ohio is a small city located in Madison County. The median 2 bedroom rent is $1,050 which is much more affordable than the US average of $1,430. The Grocery Cost Index in London is 98 versus 100 in the US.
The area is known for its rural charm and historic downtown area with quaint shops, cafes and restaurants. Major employers include Honda of America Manufacturing Inc., Bob Evans Farms Inc., Kings Island amusement park, Ethicon Inc., and Speedway LLC.
Local attractions include Caesar Creek State Park which offers 11 miles of trails for hiking and horseback riding, as well as fishing and boating on its two lakes; the Madison County Historical Museum; the National Trail Raceway; Indian Lake; and Hueston Woods State Park which features a golf course, trails to explore and camping sites.
London (zip 43140) has an unemployment rate of 3.9%. The US average is 6.0%.
London (zip 43140) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for London (zip 43140)
- The Sales Tax Rate for London (zip 43140) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for London (zip 43140) is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for London (zip 43140)
- The average income of a London (zip 43140) resident is $20,966 a year. The US average is $28,555 a year.
- The Median household income of a London (zip 43140) resident is $70,573 a year. The US average is $69,021 a year.