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New London, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,338
Population
$77,560
Median Income
$139,600
Home Value
35.5
Median Age

Demographics

New London has a population of 2,338 with a median age of 35.5. Here is the racial and ethnic breakdown of the population:

White
91.4%
Hispanic
4.1%
Black
2.4%
Other
2.1%
Demographic Value
Total Population2,338
Median Age35.5
White91.4%
Black or African American2.4%
Hispanic or Latino4.1%
Other / Two or More Races2.1%
New London, Iowa — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.4%Hispanic/Latino: 4.1%Black: 2.4%Other: 2.1%2,338PopulationWhiteWhite91.4%Hispanic/LatinoHispanic/Latino4.1%BlackBlack2.4%OtherOther2.1%

Income & Economy

The median household income in New London is $77,560, which is 3.8% below the national median of $80,610. The per capita income is $29,279. The poverty rate is 8.4%.

$77,560
Median Household Income
$29,279
Per Capita Income
8.4%
Poverty Rate

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Education

In New London, 96.1% of residents age 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher (8.0% with a graduate or professional degree).

HS Diploma+
96.1%
Bachelor's+
22.7%
Graduate+
8.0%
Education Level % of Adults (25+)
High School Diploma or Higher96.1%
Bachelor's Degree or Higher22.7%
Graduate or Professional Degree8.0%

Housing

The median home value in New London is $139,600, below the national median of $303,400. The median monthly rent is $849. The homeownership rate is 83.4%.

$139,600
Median Home Value
$849/mo
Median Rent
83.4%
Homeownership Rate
Housing Metric Value
Median Home Value$139,600
Median Monthly Rent$849
Homeownership Rate83.4%
Vacancy Rate6.0%

Salaries in Iowa

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Other Cities in Iowa

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Frequently Asked Questions

What is the population of New London, Iowa?
The population of New London, Iowa is 2,338 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New London, Iowa?
The median household income in New London, Iowa is $77,560. This is 3.8% below the national median of $80,610.
What is the median home value in New London, Iowa?
The median home value in New London, Iowa is $139,600. The median monthly rent is $849.
What percentage of people in New London have a college degree?
In New London, Iowa, 22.7% of adults age 25 and older hold a bachelor's degree or higher, and 96.1% have a high school diploma or higher.
Is New London, Iowa an affordable place to live?
The home price-to-income ratio in New London, Iowa is 1.8x (median home value $139,600 vs. median income $77,560), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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