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CITY · 2020 ACS

New London

North Carolina · 607 residents · 1.975 sq mi
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The short version

New London has roughly average household income, with a median household income of $63,304. The city has grown rapidly, with population up 86% since 2000. Median home value has more than doubled since 2000, reaching $143,800. With a median age of 45.6, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 45.6
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Less affordable
home values up 28%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
607
+86%since 2000
from 326 in 2000
1990 – 2025
Population density
307 / sq mi
+86%since 2000
from 165 / sq mi in 2000
US average: 280
Median age
45.6
+26%since 2000
from 36.3 in 2000
US average: 38.8
Population, 1990 – 2024
2884015146277401990201020202024New London
2024608
1990201020202024
Section 02

Income & economy

Median household income
$63,304
Unchangedinflation adjusted, since 2000
from $42,188 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,771
+66%since 2000
from $18,520 in 2000
US average: $35,364
Households earning $100K+
33.3%
−5.1 ptssince 2009
from 38.4% in 2009
US average: 43.9%
Poverty rate
7.8%
+1.3 ptssince 2000
from 6.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Information12.4%
US avg: 11.1%
Retail trade10.3%
US avg: 10%
Transportation & warehousing7.2%
US avg: 2.5%
Wholesale trade4%
US avg: 6.7%
Other services4%
US avg: 6.6%
Finance & insurance3.4%
US avg: 5.5%
Professional, scientific, technical3.4%
US avg: 4.7%
Agriculture, forestry, fishing2%
US avg: 1.7%
Construction2%
US avg: 1.2%
Public administration2%
US avg: 4.7%
Arts, entertainment, food0.9%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$143,800
+28%inflation adjusted, since 2000
from $74,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$850
+19%inflation adjusted, since 2000
from $475 in 2000
US average: $1,124
Owner-occupied
76.1%
−7.1 ptssince 2000
from 83.2% in 2000
23.9% rent
Afford Score
2.3
+28%since 2000
from 1.8 in 2000
1990 – 2024
RELATED:See current rent listings in New London on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic90.8%(296)
Black5.8%(19)
Hispanic / Latino0.6%(2)
Asian0.9%(3)
Other0%
Diversity Score17.6%(57)
2020
White, non-Hispanic84%(510)
Black5.8%(35)
Hispanic / Latino2%(12)
Asian4.3%(26)
Other0%(0)
Diversity Score28.6%(174)
Diversity Score
29
+63%since 2000
from 18 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.8%
+6.1 ptssince 2000
from 18.7% in 2000
US average: 32.9%
High school or higher
90.4%
−2.2 ptssince 2000
from 92.6% in 2000
US average: 88.5%
Graduate degree
11.2%
+4.2 ptssince 2000
from 7.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.9 min
+50%since 2000
from 16.6 min in 2000
US average: 26.9
Drive alone to work
77.2%
−9.2 ptssince 2009
from 86.4% in 2009
US average: 75.1%
No vehicle available
0.0%
−0.8 ptssince 2009
from 0.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.7%
−0.9 ptssince 2011
from 6.6% in 2011
US average: 5.4%
Labor force participation
64.9%
−13.7 ptssince 2011
from 78.6% in 2011
US average: 63.4%
Management & professional
29.3%
−15.6 ptssince 2009
from 45.0% in 2009
US average: 39.3%
Section 08

People & community

Male
38.0%
−18.2 ptssince 2009
from 56.2% in 2009
Female
62.0%
+18.2 ptssince 2009
from 43.8% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
10.5%
−80.3 ptssince 2013
from 90.8% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare New London to nearby cities

NEW LONDON VS
Albemarle
Income$46,881−26%
Home value$204,800+42%
Population17,769+2576%
SEE FULL COMPARISON →
NEW LONDON VS
Salisbury
Income$53,716−15%
Home value$242,500+69%
Population36,879+5454%
SEE FULL COMPARISON →
NEW LONDON VS
Concord
Income$86,921+37%
Home value$353,700+146%
Population114,598+17159%
SEE FULL COMPARISON →
NEW LONDON VS
Kannapolis
Income$73,836+17%
Home value$276,400+92%
Population61,708+9193%
SEE FULL COMPARISON →
Frequently asked

How many people live in New London, North Carolina?

New London, North Carolina has about 607 residents according to the 2020 American Community Survey.

What is the median household income in New London, North Carolina?

The typical household in New London, North Carolina earns about $63,304 a year. Half of households make more than that, and half make less.

Is New London, North Carolina expensive?

In New London, North Carolina, the median home is worth about $143,800, and the typical rent is about $850 a month.

How educated are people in New London, North Carolina?

About 24.8% of adults age 25 and over in New London, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in New London, North Carolina?

About 7.8% of people in New London, North Carolina live below the federal poverty line.

Has New London, North Carolina grown since 1990?

Yes, New London, North Carolina has grown since 1990. The population has added about 198 residents, a change of about 48 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →