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New London, PE
Full City Profile · Prince Edward Island
3.2
/5.0
B
Good
1,521
Population
42/sq mi density
$88,000
Median Income
$58,900 per capita
$320,000
Home Value
$900
Median Rent
8.1% income on rent
42°F
Avg Temperature
260 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$88,000 median income, 12.3% unemployment
A+
Affordability
4.6 / 5.0
$320,000 home value, $900/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher
Income Overview
Median Household Income
$88,000
17% above
US avg: $75,149
Per Capita Income
$58,900
51% above
US avg: $39,052
Unemployment Rate
12.3%
242% above
US avg: 3.6%
Poverty Rate
8.2%
34% 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
$88,000
117%
Per Capita
US: $39,052
$58,900
151%
Avg Weekly Wage
US: $1,432
$1,133
79%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,133
21% below US avg ($1,432)
Mean Commute Time
27 min
3% below US avg (28 min)
Work From Home
24.8%
63% above US avg (15.2%)
Drive Alone
92.9%
27% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
How Residents Get to Work
Drive Alone
92.9%
Public Transit
0%
Work From Home
24.8%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
47
Complete Economy Data
Income & Wages
| Median Household Income | $88,000 |
| Per Capita Income | $58,900 |
| Avg Weekly Wage | $1,133 |
Hardship Indicators
| Unemployment Rate | 12.3% |
| Poverty Rate | 8.2% |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 92.9% |
| Public Transit | 0.0% |
| Work From Home | 24.8% |
Businesses
| Total Establishments | 47 |