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New London, MN

Full City Profile · Minnesota · Meeker County County

4.4 /5.0
A Great
1,156 Population 896/sq mi density
$66,830 Median Income $34,998 per capita
$209,300 Home Value $324,165 Zillow
$960 Median Rent 30.3% income on rent
43°F Avg Temperature 270 sunny days/yr
A
Overall
4.4 / 5.0
Strong
A
Economy
4.3 / 5.0
$66,830 median income, 0.1% unemployment
A+
Affordability
4.9 / 5.0
$209,300 home value, $960/mo rent
B+
Education
4.0 / 5.0
36.9% bachelor's degree or higher

Income Overview

Median Household Income
$66,830
11% below
US avg: $75,149
Per Capita Income
$34,998
10% below
US avg: $39,052
Unemployment Rate
0.1%
97% below
US avg: 3.6%
Poverty Rate
5.9%
52% 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
$66,830
89%
Per Capita
US: $39,052
$34,998
90%
IRS Avg AGI
US: $72,000
$75,478
105%
Avg Weekly Wage
US: $1,432
$1,036
72%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,036
28% below US avg ($1,432)
Mean Commute Time
21 min
25% below US avg (28 min)
Work From Home
6.6%
57% below US avg (15.2%)
Drive Alone
86.4%
18% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,586M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 86.4%
Public Transit 0%
Work From Home 6.6%
Other 7%
Average commute time
21 minutes
US avg: 28 min

Business Landscape

Total Establishments
708
Restaurants
34
Healthcare
60
Retail
68
Manufacturing
52

Tax & Financial

IRS Avg Adjusted Gross Income
$75,478
5% above US avg ($72,000)
Avg Property Tax
$3,973
14% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$66,830
Per Capita Income$34,998
IRS Avg Adjusted Gross Income$75,478
Avg Weekly Wage$1,036
County GDP$1,586M

Hardship Indicators

Unemployment Rate0.1%
Poverty Rate5.9%
Gini Coefficient0.422
Cost of Living Index98.6

Commute

Mean Commute21 minutes
Drive Alone86.4%
Public Transit0.0%
Work From Home6.6%

Businesses

Total Establishments708
Restaurants34
Healthcare60
Retail68
Manufacturing52

Tax

IRS Avg AGI$75,478
Avg Property Tax$3,973