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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 Rate1.4%
Poverty Rate19.7%
Gini Coefficient0.454
Cost of Living Index94.3

Commute

Mean Commute23 minutes
Drive Alone80.1%
Public Transit0.0%
Work From Home11.1%

Businesses

Total Establishments1,703
Restaurants130
Healthcare162
Retail249
Manufacturing85

Tax

IRS Avg AGI$67,178
Avg Property Tax$3,478