New London, NC
Full City Profile · North Carolina · Stanly County County
3.0
/5.0
B
Good
594
Population
300/sq mi density
$59,688
Median Income
$37,724 per capita
$256,300
Home Value
$304,927 Zillow
$1,105
Median Rent
47.2% income on rent
60°F
Avg Temperature
310 sunny days/yr
586
Violent Crime/100K
4,877 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$59,688 median income, 1.4% unemployment
A
Affordability
4.3 / 5.0
$256,300 home value, $1,105/mo rent
F
Safety
1.0 / 5.0
586 violent crimes/100K (54% above avg)
B
Education
3.3 / 5.0
29.0% bachelor's degree or higher
Income Overview
Median Household Income
$59,688
21% below
US avg: $75,149
Per Capita Income
$37,724
3% below
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
19.7%
59% 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
$59,688
79%
Per Capita
US: $39,052
$37,724
97%
IRS Avg AGI
US: $72,000
$67,178
93%
Avg Weekly Wage
US: $1,432
$860
60%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$860
40% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
11.1%
27% below US avg (15.2%)
Drive Alone
80.1%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,785M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.1%
Public Transit
0%
Work From Home
11.1%
Other
8.8%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,703
Restaurants
130
Healthcare
162
Retail
249
Manufacturing
85
Tax & Financial
IRS Avg Adjusted Gross Income
$67,178
7% below US avg ($72,000)
Avg Property Tax
$3,478
1% below US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $59,688 |
| Per Capita Income | $37,724 |
| IRS Avg Adjusted Gross Income | $67,178 |
| Avg Weekly Wage | $860 |
| County GDP | $2,785M |
Hardship Indicators
| Unemployment Rate | 1.4% |
| Poverty Rate | 19.7% |
| Gini Coefficient | 0.454 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 80.1% |
| Public Transit | 0.0% |
| Work From Home | 11.1% |
Businesses
| Total Establishments | 1,703 |
| Restaurants | 130 |
| Healthcare | 162 |
| Retail | 249 |
| Manufacturing | 85 |
Tax
| IRS Avg AGI | $67,178 |
| Avg Property Tax | $3,478 |
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