New London, Iowa Median Income

New London, Iowa has a population of 1,837, with a median household income of $56,700.

Current median income data for New London.

$56,700

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Population

1,837

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Median Income

$56,700

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Unemployment

3.10%

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Housing Price

$611,200

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Crime Rate

2.80

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Internet Speed

214.00 Mbps

New London is a small local community located in Iowa. The city has a population that is below the average city population in Iowa, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

New London, located in Iowa, is a city that reflects important demographic and economic patterns within the region.

Population Overview

New London has a population of 1,837, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in New London is $56,700, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in New London average around $611,200, which is relatively high compared to other cities in Iowa.

Employment and Safety

The unemployment rate in New London is 3.10%, which is lower than the state average, indicating a relatively strong job market. New London has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Iowa, New London shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Iowa, New London contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about New London

What is the population of New London?

The population of New London is approximately 1,837.

Is New London a good place to live?

New London offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in New London?

The median household income in New London is around $56,700.

How expensive is housing in New London?

The average housing price in New London is approximately $611,200.