New London, IA
Full City Profile · Iowa · Henry County County
3.2
/5.0
B
Good
2,402
Population
2,224/sq mi density
$65,815
Median Income
$28,582 per capita
$118,900
Home Value
$176,666 Zillow
$772
Median Rent
29.2% income on rent
52°F
Avg Temperature
275 sunny days/yr
127
Violent Crime/100K
2,921 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,815 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$118,900 home value, $772/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
C+
Education
2.7 / 5.0
21.8% bachelor's degree or higher
Income Overview
Median Household Income
$65,815
12% below
US avg: $75,149
Per Capita Income
$28,582
27% below
US avg: $39,052
Unemployment Rate
1.8%
50% below
US avg: 3.6%
Poverty Rate
6.6%
47% below
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
$65,815
88%
Per Capita
US: $39,052
$28,582
73%
IRS Avg AGI
US: $72,000
$63,859
89%
Avg Weekly Wage
US: $1,432
$1,008
70%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,008
30% below US avg ($1,432)
Mean Commute Time
18 min
34% below US avg (28 min)
Work From Home
2.8%
82% below US avg (15.2%)
Drive Alone
87.3%
19% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,154M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
87.3%
Public Transit
0%
Work From Home
2.8%
Other
9.9%
Average commute time
18 minutes
US avg: 28 min
Business Landscape
Total Establishments
638
Restaurants
36
Healthcare
59
Retail
57
Manufacturing
28
Tax & Financial
IRS Avg Adjusted Gross Income
$63,859
11% below US avg ($72,000)
Avg Property Tax
$4,335
24% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $65,815 |
| Per Capita Income | $28,582 |
| IRS Avg Adjusted Gross Income | $63,859 |
| Avg Weekly Wage | $1,008 |
| County GDP | $1,154M |
Hardship Indicators
| Unemployment Rate | 1.8% |
| Poverty Rate | 6.6% |
| Gini Coefficient | 0.396 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 18 minutes |
| Drive Alone | 87.3% |
| Public Transit | 0.0% |
| Work From Home | 2.8% |
Businesses
| Total Establishments | 638 |
| Restaurants | 36 |
| Healthcare | 59 |
| Retail | 57 |
| Manufacturing | 28 |
Tax
| IRS Avg AGI | $63,859 |
| Avg Property Tax | $4,335 |
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