At a Glance
Median Income
$47,935
$25,679 per capita
Home Value
$98,400
Zillow: $218,985
Median Rent
$819/mo
28.5% of income on rent
Bachelor's Degree+
9.7%
86.6% high school+
Unemployment
8.0%
8.2% poverty rate
Obesity Rate
35.7%
19.6% smoking rate
How New London Compares to the U.S. Average
Each bar shows New London's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is New London a Good Place to Live?
B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
New London residents earn a median household income of $47,935 , which is 36% below the national average of $75,149.
Per capita income is $25,679. The unemployment rate stands at 8.0% (122% above the U.S. rate of 3.6%). 8.2% of residents live below the poverty line. The area is home to 1,419 business establishments, including 114 restaurants.
Housing & Cost of Living
The median home value in New London is $98,400 , 65% below the national median of $281,900.
Zillow estimates the typical home at $218,985. Median rent is $819/month, with 28.5% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1951.
Education
9.7% of adults in New London hold a bachelor's degree or higher
(71% below the national average).
86.6% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
New London has an average annual temperature of 51°F (10°C).
Winters average 27°F in January while summers reach 73°F in July. Annual precipitation totals 42.5 inches.
Data Overview
People
Population2,742
Median Age39.9 yrs
Density1,241/mi²
Male / Female49% / 51%
Foreign Born0.6%
Veterans7.7%
Economy
C+
Median Income$47,935
Per Capita$25,679
Unemployment8.0%
Poverty8.2%
County GDP$2,991M
Avg Weekly Wage$1,024
Housing
A+
Home Value$98,400
Rent$819
Ownership68.3%
Zillow$218,985
Housing Units1,151
Rent Burden28.5%
Health
Obesity35.7%
Diabetes11.6%
Smoking19.6%
Heart Disease6.5%
Premature Death10,506/100K
Climate
Avg Temp51°F
Rain42.5 in/yr
Elevation994 ft
Education
D
Bachelor's+9.7%
High School+86.6%
Graduate+2.2%
School Score5.6/10
Community
2024 VoteR 72% / D 28%
Commute28 min
Broadband80.8%
Internet Speed97 Mbps
EV Stations1
Libraries8
Did You Know?
The median home in New London was built in 1951.
The nearest airport is Mansfield Lahm Regional (19 miles).
The Gini coefficient (income inequality) is 0.397 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
22.0% of the population has a disability.
There are 114 restaurants in the area.
The county recorded 4 fatal vehicle crashes.