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New London, Minnesota

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
1,187
Population
$68,421
Median Income
$218,800
Home Value
39.1
Median Age

Demographics

New London has a population of 1,187 with a median age of 39.1. Here is the racial and ethnic breakdown of the population:

White
93.7%
Hispanic
6.6%
Demographic Value
Total Population1,187
Median Age39.1
White93.7%
Hispanic or Latino6.6%
New London, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 93.4%Hispanic/Latino: 6.6%1,187PopulationWhiteWhite93.4%Hispanic/LatinoHispanic/Latino6.6%

Income & Economy

The median household income in New London is $68,421, which is 15.1% below the national median of $80,610. The per capita income is $36,779. The poverty rate is 7.3%.

$68,421
Median Household Income
$36,779
Per Capita Income
7.3%
Poverty Rate

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Education

In New London, 93.1% of residents age 25+ have a high school diploma or higher, and 39.3% hold a bachelor's degree or higher (11.7% with a graduate or professional degree).

HS Diploma+
93.1%
Bachelor's+
39.3%
Graduate+
11.7%
Education Level % of Adults (25+)
High School Diploma or Higher93.1%
Bachelor's Degree or Higher39.3%
Graduate or Professional Degree11.7%

Housing

The median home value in New London is $218,800, below the national median of $303,400. The median monthly rent is $946. The homeownership rate is 71.8%.

$218,800
Median Home Value
$946/mo
Median Rent
71.8%
Homeownership Rate
Housing Metric Value
Median Home Value$218,800
Median Monthly Rent$946
Homeownership Rate71.8%
Vacancy Rate11.7%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of New London, Minnesota?
The population of New London, Minnesota is 1,187 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New London, Minnesota?
The median household income in New London, Minnesota is $68,421. This is 15.1% below the national median of $80,610.
What is the median home value in New London, Minnesota?
The median home value in New London, Minnesota is $218,800. The median monthly rent is $946.
What percentage of people in New London have a college degree?
In New London, Minnesota, 39.3% of adults age 25 and older hold a bachelor's degree or higher, and 93.1% have a high school diploma or higher.
Is New London, Minnesota an affordable place to live?
The home price-to-income ratio in New London, Minnesota is 3.2x (median home value $218,800 vs. median income $68,421), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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