HomeOhioMadison CountyLondon
London, Ohio: commercial real estate data.
London is a Census city of 10,484 people across 8.40 square miles of land, in Madison County. Median household income is $60,231, 63.7 percent of occupied homes are owned, and the SBA record carries 55 7(a) approvals to borrowers here worth $10.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
London
What London is
- Census place typecity
- Land area8.4 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,249
- County holding the largest share of its areaMadison County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
London
How many people live in London
- Population10,484
- Median age41.9
- Population under 182,002
- Share under 1819.1 percent
- Population 65 and over2,032
- Share 65 and over19.4 percent
- Households4,646
- Family households2,643
- Share of households that are families56.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
London
Income and work in London
- Median household income$60,231
- Per capita income$36,797
- Civilian labor force5,585
- Employed5,359
- Unemployed226 plus or minus 132
- Unemployment rate4.0 percent plus or minus 2.3
- Adults 25 and over7,764
- Adults 25 and over with a high school diploma or higher89.7 percent
- Adults 25 and over with a bachelor degree or higher22.3 percent plus or minus 6.0
- Adults 25 and over with a graduate degree5.2 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
London
Housing in London
- Housing units4,970
- Occupied units4,646
- Vacant units324 plus or minus 165
- Vacancy rate6.5 percent plus or minus 3.3
- Owner occupied2,959
- Renter occupied1,687
- Ownership rate63.7 percent
- Median owner-occupied home value$201,000
- Median gross rent, monthly$916
- Annual rent as a share of median income18.2 percent plus or minus 4.3
- Single family units3,571
- Share single family71.9 percent
- Units in buildings of two or more1,399 plus or minus 315
- Share in buildings of two or more28.1 percent plus or minus 6.2
- Mobile homes0
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
London
How London gets to work
- Workers 16 and over who commute4,492
- Commuting under 15 minutes1,967 plus or minus 407
- Share commuting under 15 minutes43.8 percent
- Commuting 30 minutes or more1,665 plus or minus 393
- Share commuting 30 minutes or more37.1 percent plus or minus 8.1
- Drove alone74.0 percent
- Carpooled9.3 percent plus or minus 4.3
- Public transport0.0 percent
- Walked1.4 percent plus or minus 1.2
- Worked from home13.8 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
London
SBA loans in London (7(a))
- Approvals55
- Gross approval$10,378,900
- Average approval$188,707
- Median approval$52,300
- Ninetieth percentile approval$471,600
- Largest approval$1,400,000
- Jobs supported236
- Jobs per approval4.3
- Loans with a final outcome10
- Paid in full10
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more5.5 percent
- Share to franchises1.8 percent
- Distinct lenders10
- Distinct industries by NAICS35
Counted by borrower city: approvals to borrowers whose address is in London, in any county, FY2020 to FY2026. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
London
SBA loans in London (504)
- Approvals2
- Gross approval$152,000
- Average approval$76,000
- Median approval$76,000
- Largest approval$80,000
- Jobs supported2
- Loans with a final outcome1
- Charged off0
- Median term270 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in London, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
London
Flood risk in London
- NFIP communityCity of London
- NFIP community number390366
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/18/10
The City of London participates in the National Flood Insurance Program as community 390366 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Madison County, not London
Madison County context, not London figures
- Establishments in Madison County723
- Covered employment, Madison County23,600
- Average annual pay, Madison County$54,168
- Housing units permitted, Madison County519
Every figure in this section is published for Madison County as a whole and is not a measurement of London.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
London questions, answered from the record.
How many people live in London, Ohio?
10,484, in 4,646 households. London city covers 8.40 square miles of land, which is 1,249 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is London in?
Madison County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in London?
$60,231. The median owner-occupied home is valued at $201,000. Median gross rent is $916 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to London businesses?
55 7(a) approvals totaling $10.4 m since FY2020, across 10 lenders, median approval $52,300, plus 2 504 approvals worth $152,000 since FY2010. These count approvals to borrowers whose address is in London, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to London borrowers get paid back?
No rate is published for London. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is London in the National Flood Insurance Program?
Yes. London appears in the FEMA Community Status Book as London, city of, community 390366, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page London figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Madison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of London.
Is zoning published for London?
No. Nothing on this page presents parcel level zoning.
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