Last updated: 2024 BLS data · Page refreshed:
New London has a population of 7,726 with a median age of 36.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,726 |
| Median Age | 36.5 |
| White | 89.1% |
| Black or African American | 1.8% |
| Asian | 0.1% |
| Hispanic or Latino | 7.1% |
| Other / Two or More Races | 1.9% |
The median household income in New London is $60,612, which is 24.8% below the national median of $80,610. The per capita income is $32,558. The poverty rate is 21.0%.
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In New London, 88.7% of residents age 25+ have a high school diploma or higher, and 17.3% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.7% |
| Bachelor's Degree or Higher | 17.3% |
| Graduate or Professional Degree | 4.8% |
The median home value in New London is $174,800, below the national median of $303,400. The median monthly rent is $837. The homeownership rate is 52.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $174,800 |
| Median Monthly Rent | $837 |
| Homeownership Rate | 52.0% |
| Vacancy Rate | 3.2% |
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