Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.1 yrs |
|---|---|
| Avg HH Size | 2.07 |
| Below Poverty | 18.5% ▲ 85% above avg |
| College Grads | 39.4% ≈ Avg |
| Unemployment | 6.7% ▲ 38% above avg |
| No HS Diploma | 447 (2.8%) |
| HS Graduate | 4,764 (29.6%) |
| Some College | 2,077 (12.9%) |
| Associates | 2,451 (15.2%) |
| Bachelors | 1,473 (9.2%) |
| Graduate Degree | 4,868 (30.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,224 ▼ 21% below avg |
|---|---|
| Median Home Value | $234,800 ▼ 16% below avg |
| Home/Income Ratio | 3.9x (nat avg ~3.5x) |
| Median Rent | $1,304/mo |
| Total Housing Units | 12,528 |
| Vacant Units | 945 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New London is a city in Connecticut, located in Southeastern Connecticut County. The city spans 1 ZIP code and is home to approximately 27,275 residents. It is a relatively young city, with a median age of 35.1 years.
Economically, New London is a solidly middle-class community. The median household income of $60,224 is below the national average. Approximately 18.5% of residents live below the poverty line. The unemployment rate is 6.7%, above the national average.
The real estate market in New London is an affordable housing market. Median home values stand at $234,800, which is below the national average. Renters typically pay around $1,304 per month.
The population of New London is moderately educated. 39.4% of adults hold a bachelor's degree or higher — near the national average. The community is racially diverse, with White as the largest group at 44.9%.
New London, CT offers residents a cost-conscious lifestyle within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06320 | 27,275 | $60,224 | $234,800 | $1,304 | 6.7% | 39.4% | 40.0% |