New London, IN
Full City Profile · Indiana · Howard County County
3.5
/5.0
B+
Good
179
Population
497/sq mi density
$51,786
Median Income
$21,808 per capita
$179,200
Home Value
$255,702 Zillow
51°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$51,786 median income, 12.2% unemployment
A+
Affordability
4.7 / 5.0
$179,200 home value, /mo rent
C+
Education
2.9 / 5.0
23.7% bachelor's degree or higher
Income Overview
Median Household Income
$51,786
31% below
US avg: $75,149
Per Capita Income
$21,808
44% below
US avg: $39,052
Unemployment Rate
12.2%
239% above
US avg: 3.6%
Poverty Rate
0.0%
100% 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
$51,786
69%
Per Capita
US: $39,052
$21,808
56%
IRS Avg AGI
US: $72,000
$61,076
85%
Avg Weekly Wage
US: $1,432
$1,200
84%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,200
16% below US avg ($1,432)
Mean Commute Time
13 min
51% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
60.5%
17% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$5,497M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
60.5%
Public Transit
0%
Work From Home
0%
Other
39.5%
Average commute time
13 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,913
Restaurants
201
Healthcare
265
Retail
328
Manufacturing
63
Tax & Financial
IRS Avg Adjusted Gross Income
$61,076
15% below US avg ($72,000)
Avg Property Tax
$2,758
21% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $51,786 |
| Per Capita Income | $21,808 |
| IRS Avg Adjusted Gross Income | $61,076 |
| Avg Weekly Wage | $1,200 |
| County GDP | $5,497M |
Hardship Indicators
| Unemployment Rate | 12.2% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.423 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 13 minutes |
| Drive Alone | 60.5% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 1,913 |
| Restaurants | 201 |
| Healthcare | 265 |
| Retail | 328 |
| Manufacturing | 63 |
Tax
| IRS Avg AGI | $61,076 |
| Avg Property Tax | $2,758 |