Median Income
$88,000
17% higher than US avg
Home Value
$320,000
14% higher than US avg
Bachelor's+
14.6%
57% lower than US avg
Median Rent
$900
23% lower than US avg
Unemployment
12.3%
242% higher than US avg
Poverty Rate
8.2%
34% lower than US avg
How New London Compares to the U.S. Average (100% = U.S. avg)
People
Population1,521
Median Age52.8 yrs
Density42/mi²
Male / Female51% / 49%
Largest GroupWhite 98%
Economy
B
Median Income$88,000
Per Capita$58,900
Unemployment12.3%
Poverty8.2%
Commute27 min
Housing
A+
Home Value$320,000
Rent$900
OwnershipN/A
Housing Units635
Rent Burden8.1%
Education
C
Bachelor's+14.6%
High School+23.1%
Graduate+6.1%
Is New London a Good Place to Live?
Based on current data, New London receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include above-average unemployment. New London offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in New London is $88,000, 17% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 12.3%, unemployment is notably high. 8.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 27 minutes.
Cost of Living & Housing
The median home value in New London is $320,000, 14% above the national median. Renters pay a median of $900 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.6x indicates a reasonably affordable housing market.
Education
14.6% of residents hold a bachelor's degree, below the national average of 33.7%. 23.1% have completed high school.
New London has a population of 1,521 with a density of 42 people per square mile. The median age is 52.8 years, 36% older than the national median of 38.9. The city is predominantly White (98.3%).
Population
52.8yrs
Median Age
36% above US avg
Race & Ethnicity
New London vs U.S. Average
Language Spoken at Home
| English Only | 93.1% |
| 19% above US avg |
| Spanish | 2.6% |
| 80% below US avg |
| Other Languages | 4.3% |
Social Characteristics
New London vs U.S. Average
The median household income in New London is $88,000, which is 17% above the national average of $75,149. The unemployment rate is 12.3% (above the 3.6% US average). 8.2% of residents live below the poverty line. Workers commute an average of 27 minutes.
Income: New London vs U.S.
Income
| Median HH Income | $88,000 |
| 17% above US avg |
| Per Capita Income | $58,900 |
Employment & Poverty
| Unemployment | 12.3% |
| 242% above US avg |
| Poverty Rate | 8.2% |
| 34% below US avg |
Commute & Transportation
| Commute Time | 26.8 min |
| Drive Alone | 92.9% |
| Public Transit | 0.0% |
| Work from Home | 24.8% |
The median home value in New London is $320,000, 14% above the national average. Monthly rent averages $900 (23% below US avg).
Home Values
| Census Median | $320,000 |
| 14% above US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $900 |
| 23% below US avg |
| Rent Burden | 8.1% |
Ownership & Property
| Owner-Occupied | 90.6% |
| Renter-Occupied | 9.5% |
| Housing Units | 635 |
Property Tax
Health Metrics: New London vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: New London vs U.S. Average (per 100,000)
Geography
| Area | 36.6 sq mi (94.7 km²) |
| Population Density | 42/sq mi |
| Coordinates | 0.0000°N, 0.0000°W |