Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.7 yrs |
|---|---|
| Avg HH Size | 2.40 |
| Below Poverty | 11.3% ▲ 13% above avg |
| College Grads | 32.5% ▼ 16% below avg |
| Unemployment | 4.6% ≈ Avg |
| No HS Diploma | 14 (0.3%) |
| HS Graduate | 1,981 (36.1%) |
| Some College | 750 (13.7%) |
| Associates | 962 (17.5%) |
| Bachelors | 748 (13.6%) |
| Graduate Degree | 1,034 (18.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $78,382 ≈ Avg |
|---|---|
| Median Home Value | $235,400 ▼ 16% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $853/mo |
| Total Housing Units | 4,690 |
| Vacant Units | 1,838 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New London is a city in North Carolina, located in Stanly County. The city spans 1 ZIP code and is home to approximately 7,684 residents. It is a mature city, with a median age of 50.7 years.
Economically, New London is a middle-income community. The median household income of $78,382 is near the national average. Approximately 11.3% of residents live below the poverty line. The unemployment rate is 4.6%, near the national average.
The real estate market in New London is an affordable housing market. Median home values stand at $235,400, which is below the national average. Renters typically pay around $853 per month. Homeownership is high at 81.0%, typical of suburban and family-oriented communities.
The population of New London is moderately educated. 32.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (80.5%).
New London, NC offers residents above-average earning potential within North Carolina.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 28127 | 7,684 | $78,382 | $235,400 | $853 | 4.6% | 32.5% | 81.0% |