New London, MN demographics:
population, income, and more

Total population
1,187
2.7% year-over-year change
Median household income
$68,421/yr
2.4% year-over-year change
Housing units
566
5.6% year-over-year change

New London population

How many people live in New London

New London is home to 1,187 residents, according to the most recent Census data. Gender-wise, 45.9% of New London locals are male, and 54.1% are female.

Total population
1,187
2.7% year-over-year change
Gender ratio
Male
45.9%
545
Female
54.1%
642
Value Percent YoY change
Male 545 45.9% 1.1%
Female 642 54.1% 4.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in New London is 39, with the population distributed as follows: about 19.6% are children under 15, then 13.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.7% of the population, while another 17.4% fall into the 45 to 64 bracket. Finally, around 24% are 65 or older.

Median age
39.1
Age breakdown
Under 15
19.6%
15 to 24
13.4%
25 to 44
25.7%
45 to 64
17.4%
Over 65
24%
Value Percent YoY change
Under 15 232 19.6% 0.9%
15 to 24 159 13.4% 13.6%
25 to 44 305 25.7% -5.0%
45 to 64 206 17.4% 13.8%
Over 65 285 24% 0.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

At the same time, 6% of residents are non-citizens. There’s also a share of 6.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
94%
Non-U.S.-born citizens
0%
Non-citizens
6%
Value Percent YoY change
U.S.-born citizens 1,116 94% 1.6%
Non-citizens 71 6% 24.6%
Racial breakdown
White
93.7%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.3%
Other
0%
Value Percent
White 1,112 93.7%
Two or more races 75 6.3%

Households in New London

A peek inside New London households

New London has 500 households, with an average of 2 members in each. Of these, 60.6% are families, while the remaining 39.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
500
2.7% year-over-year change
Average people per household
2
Non-family households
197
Family households
303
Value Percent YoY change
Non-family households 197 39.4% 7.7%
Family households 303 60.6% -0.3%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in New London

The housing landscape of New London

New London's housing consists of 566 units, with 62.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 11% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.9% of the housing landscape.

Housing units
566
5.6% year-over-year change
Housing types
Value Percent
1 unit, detached 354 62.5%
1 unit, attached 62 11%
2 units 6 1.1%
3 or 4 units 33 5.8%
5 to 9 units 25 4.4%
10 to 19 units 32 5.6%
20 to 49 units 49 8.7%
Mobile home 5 0.9%
Homes built since 2020
13
116.7% year-over-year change

The age of buildings in New London

In New London, the median construction year is 1980. About 10.6% of homes were built before the 1940s, with another 9.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 22.8% of homes were added from 2000 to 2009, 1.4% between 2010 and 2019, and 2.3% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 60 10.6% -11.8%
Built between 1940 and 1949 52 9.2% -8.8%
Built between 1950 and 1959 54 9.5% -5.3%
Built between 1960 and 1969 41 7.2% 64.0%
Built between 1970 and 1979 75 13.2% 2.7%
Built between 1980 and 1989 57 10.1% -1.7%
Built between 1990 and 1999 77 13.6% -3.8%
Built between 2000 and 2009 129 22.8% 30.3%
Built between 2010 and 2019 8 1.4% -38.5%
Built in 2020 or later 13 2.3% 116.7%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

New London occupancy rates

Out of the 500 occupied housing units in New London, 71.8% are owner-occupied, while 28.2% are lived in by tenants. Meanwhile, 11.7% of all homes on the local market sit vacant.

Occupied housing units
500
2.7% year-over-year change
Occupancy breakdown
Renter occupied
141
Owner occupied
359
Value Percent YoY
change
Renter occupied 141 28.2% -2.1%
Owner occupied 359 71.8% 4.7%
Unoccupied housing units
11.7%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

New London housing costs

Housing costs in New London come to a median of $979 per month, while tenants specifically pay a median gross rent of $946.

Median housing costs per month
$979/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in New London
$946/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in New London

New London education at a glance

About 25.8% of the population in New London went to high school, while 19% pursued college studies. Another 13.1% earned an associate degree and 24.6% hold a bachelor’s. Meanwhile, 10.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 65 7.2% -11.0%
High school diploma 235 25.8% -9.6%
College diploma 173 19% 21.0%
Associate degree 119 13.1% 4.4%
Bachelor's degree 224 24.6% -3.9%
Graduate degree 93 10.2% 47.6%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in New London

How much people earn in New London

The average annual household income in New London was $83,199 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.7% change from the previous year. At the same time, the median income stood at $68,421, reflecting a +2.4% shift over the same period.

Average household income in New London
$83,199/year
2.7% year-over-year change
Median household income in New London
$68,421/year
2.4% year-over-year change

New London income by age

In New London, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $75,536. Those with someone between 45 and 64 in charge, often well established professionally, earn $96,250 overall. Overall, 92.6% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $75,536 6.3%
45 - 64 $96,250 3.5%
Over 65 $53,333 1.9%
Above poverty level
1,046
Below poverty level
83
Value Percent YoY
change
Above poverty level 1,046 92.6% 4.0%
Below poverty level 83 7.4% -3.5%

Average renter income in New London

To get a better sense of what renters earn on average in New London, their median household income was $34,219 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 33.2%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$34,219
Rent-to-income ratio
33.2%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in New London

Workforce and job types in New London

The job market in New London is powered by 596 working residents, spread across a range of industries and roles. 76.5% of the working population are employed in professional or administrative positions, while 23.5% are in hands-on or service-based jobs. Also, 15.3% run their own businesses, 56.5% are employed by private companies, and 16.4% work in the public sector.

Workforce demographics

Working population
596
6.4% year-over-year change
White collar
456
Blue collar
140
Value Percent YoY change
White collar 456 76.5% 9.1%
Blue collar 140 23.5% -1.4%
Employer type
Self employees
15.3%
Private companies
56.5%
Governmental workers
16.4%
Not for profit companies
11.7%
Value Percent YoY change
Self employees 91 15.3% 21.3%
Private companies 337 56.5% 4.3%
Governmental workers 98 16.4% -6.7%
Not for profit companies 70 11.7% 22.8%
Unemployment rate
0.2%
0.0% year-over-year change

Available workforce

The unemployment rate in New London stands at 0.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in New London

How people get around in New London

Commuting methods vary: 85.1% of residents travel by personal vehicle and 5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 507 85.1% 0.0%
Ferryboat 5 0.8% N/A
Walk 30 5% 87.5%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in New London by zipcode?

Zipcode Population Number of households Median income Average income
56273 4,956 1,966 $90,122 $103,317

Find your place

Explore more communities

FAQs about New London demographics 

What is the total population of New London?

New London has a total population of 1,187 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +2.7% compared to a year ago.

What is the gender ratio in New London?

The gender ratio in New London is as follows:
  • 45.9% males (545 residents)
  • 54.1% females (642 residents)

What is the median age in New London?

The median age in New London is 39.1.

What is the age distribution of the population in New London?

The age distribution in New London is as follows:
  • Under 15: 19.6% (232 residents)
  • Ages 15-24: 13.4% (159 residents)
  • Ages 25-44: 25.7% (305 residents)
  • Ages 45-64: 17.4% (206 residents)
  • Over 65: 24% (285 residents)

What is the racial and ethnic makeup of New London?

The racial and ethnic makeup of New London is as follows:
  • White: 93.7% (1,112 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 6.3% (75 residents)
  • Other: 0% (0 residents)

What percentage of the population in New London are U.S.-born citizens?

U.S.-born citizens represent 94% of the population in New London.

How many housing units are there in New London?

There are 566 housing units in New London, reflecting a +5.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in New London and what is the average household size?

New London has a total of 500 households, with an average of 2 people in each.

What is the median household income in New London?

New London has a median household income of $68,421, representing a +2.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for New London?

The employment rate is 99.8% in New London, with a workforce of 596 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 76.5% (456 residents)
  • Blue-collar workers: 23.5% (140 residents)

Places of employment:
  • Self-employed: 15.3% (91 residents)
  • Private companies: 56.5% (337 residents)
  • Governmental workers: 16.4% (98 residents)
  • Not-for-profit companies: 11.7% (70 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025