All Countries
New London, CT
Full City Profile · Connecticut · Southeastern Connecticut Planning Region County
3.0
/5.0
B
Good
27,199
Population
4,848/sq mi density
$60,123
Median Income
$33,888 per capita
$234,800
Home Value
$304,014 Zillow
$1,303
Median Rent
32.6% income on rent
51°F
Avg Temperature
275 sunny days/yr
294
Violent Crime/100K
1,717 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$60,123 median income, 4.4% unemployment
A
Affordability
4.5 / 5.0
$234,800 home value, $1,303/mo rent
F
Safety
1.0 / 5.0
294 violent crimes/100K
B
Education
3.3 / 5.0
28.9% bachelor's degree or higher
Income Overview
Median Household Income
$60,123
20% below
US avg: $75,149
Per Capita Income
$33,888
13% below
US avg: $39,052
Unemployment Rate
4.4%
22% above
US avg: 3.6%
Poverty Rate
17.1%
38% above
US avg: 12.4%
Income Comparison: New London vs. U.S. Average
Each bar shows New London’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$60,123
80%
Per Capita
US: $39,052
$33,888
87%
IRS Avg AGI
US: $72,000
$82,337
114%
Avg Weekly Wage
US: $1,432
$1,356
95%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,356
5% below US avg ($1,432)
Mean Commute Time
20 min
27% below US avg (28 min)
Work From Home
11.0%
28% below US avg (15.2%)
Drive Alone
67.7%
8% below US avg (73.2%)
Public Transit
4.7%
6% below US avg (5.0%)
County GDP
$24,087M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
67.7%
Public Transit
4.7%
Work From Home
11%
Other
16.6%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
9,101
Restaurants
773
Healthcare
870
Retail
963
Manufacturing
165
Tax & Financial
IRS Avg Adjusted Gross Income
$82,337
14% above US avg ($72,000)
Avg Property Tax
$7,070
102% above US avg ($3,500)
Cost of Living Index
103.6
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $60,123 |
| Per Capita Income | $33,888 |
| IRS Avg Adjusted Gross Income | $82,337 |
| Avg Weekly Wage | $1,356 |
| County GDP | $24,087M |
Hardship Indicators
| Unemployment Rate | 4.4% |
| Poverty Rate | 17.1% |
| Gini Coefficient | 0.436 |
| Cost of Living Index | 103.6 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 67.7% |
| Public Transit | 4.7% |
| Work From Home | 11.0% |
Businesses
| Total Establishments | 9,101 |
| Restaurants | 773 |
| Healthcare | 870 |
| Retail | 963 |
| Manufacturing | 165 |
Tax
| IRS Avg AGI | $82,337 |
| Avg Property Tax | $7,070 |