Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.7 yrs |
|---|---|
| Avg HH Size | 2.48 |
| Below Poverty | 4.4% ▼ 56% below avg |
| College Grads | 51.5% ▲ 33% above avg |
| Unemployment | 2.0% ▼ 59% below avg |
| HS Graduate | 887 (26.2%) |
| Some College | 306 (9%) |
| Associates | 451 (13.3%) |
| Bachelors | 525 (15.5%) |
| Graduate Degree | 1,218 (36%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $91,520 ▲ 20% above avg |
|---|---|
| Median Home Value | $299,400 ≈ Avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $965/mo |
| Total Housing Units | 2,421 |
| Vacant Units | 404 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New London is a city in Minnesota, located in Kandiyohi County. The city spans 1 ZIP code and is home to approximately 5,050 residents. It is a middle-aged city, with a median age of 42.7 years.
Economically, New London is a middle-income community. The median household income of $91,520 is above the national average. Approximately 4.4% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.
The real estate market in New London is a mid-range housing market. Median home values stand at $299,400, which is near the national average. Renters typically pay around $965 per month. Homeownership is high at 86.5%, typical of suburban and family-oriented communities.
The population of New London is well-educated. 51.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (95.9%).
New London, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56273 | 5,050 | $91,520 | $299,400 | $965 | 2.0% | 51.5% | 86.5% |