Last updated: 2024 BLS data · Page refreshed:
New London has a population of 27,625 with a median age of 34.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 27,625 |
| Median Age | 34.7 |
| White | 47.9% |
| Black or African American | 14.2% |
| Asian | 2.6% |
| Hispanic or Latino | 35.5% |
The median household income in New London is $59,098, which is 26.7% below the national median of $80,610. The per capita income is $33,687. The poverty rate is 21.6%.
The unemployment rate in New London is 3.7%, compared to the national rate of 4.1%.
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In New London, 87.2% of residents age 25+ have a high school diploma or higher, and 28.5% hold a bachelor's degree or higher (12.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.2% |
| Bachelor's Degree or Higher | 28.5% |
| Graduate or Professional Degree | 12.5% |
The median home value in New London is $253,300, below the national median of $303,400. The median monthly rent is $1,340. The homeownership rate is 36.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $253,300 |
| Median Monthly Rent | $1,340 |
| Homeownership Rate | 36.1% |
| Vacancy Rate | 7.4% |
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