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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 Rate1.8%
Poverty Rate6.6%
Gini Coefficient0.396
Cost of Living Index87.8

Commute

Mean Commute18 minutes
Drive Alone87.3%
Public Transit0.0%
Work From Home2.8%

Businesses

Total Establishments638
Restaurants36
Healthcare59
Retail57
Manufacturing28

Tax

IRS Avg AGI$63,859
Avg Property Tax$4,335