New London, NC

Census Place

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2024 Population
608
US Senator
Thom Tillis
Republican Party
US Senator
Ted Budd
Republican Party
2024 Median Age
32
16.2% 1-year decrease
2024 Poverty Rate
18.7%
31.6% 1-year increase
2024 Median Household Income
$61,875
3.66% 1-year growth
2024 Median Property Value
$296,200
15.6% 1-year growth
2024 Employed Population
312
0.637% 1-year decline

About

None of the households in New London, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

97% of the residents in New London, NC are U.S. citizens.

In 2024, the median property value in New London, NC was $296,200, and the homeownership rate was 70.5%.

Most people in New London, NC drove alone to work, and the average commute time was 23 minutes. The average car ownership in New London, NC was 2 cars per household.

United StatesNorth CarolinaStanly County, NCAlbemarle, NCStanly & Cabarrus (East) Counties PUMA, NC

Population & Diversity

New London, NC is home to a population of 608 people, from which 97% are citizens. As of 2024, 4.28% of New London, NC residents were born outside of the country (26 people).

In 2024, there were 9.74 times more White (Non-Hispanic) residents (448 people) in New London, NC than any other race or ethnicity. There were 46 Two Races Including Other (Hispanic) and 39 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97%
2024 Citizenship
99.3%
2023 Citizenship

As of 2024, 97% of New London, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in New London, NC was 99.3%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in New London, NC compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in New London, NC
  1. White (Non-Hispanic)
    448 ± 149
  2. Two Races Including Other (Hispanic)
    46 ± 74
  3. Asian (Non-Hispanic)
    39 ± 65
14%
Hispanic Population
85 people

In 2024, there were 9.74 times more White (Non-Hispanic) residents (448 people) in New London, NC than any other race or ethnicity. There were 46 Two Races Including Other (Hispanic) and 39 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

14% of the people in New London, NC are hispanic (85 people).

The following chart shows the 8 races represented in New London, NC as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.
Most Common Origin
  1. Mexico
    224,963 ± 11,520 people
  2. India
    83,219 ± 7,055 people
  3. Honduras
    48,247 ± 5,380 people

In 2023, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 224,963 North Carolina residents, followed by India with 83,219 and Honduras with 48,247.

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Foreign-Born Population

4.28%
2024 Foreign-Born Population
26 people
1.68%
2023 Foreign-Born Population
10 people

As of 2024, 4.28% of New London, NC residents (26 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in New London, NC was 1.68%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in New London, NC compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    6 ± 21
  2. Gulf War (1990s)
    4 ± 16
  3. Gulf War (2001-)
    2 ± 20

New London, NC has a large population of military personnel who served in Vietnam, 1.5 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in New London, NC.

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Economy

The economy of New London, NC employs 312 people. In 2024, the largest industries in New London, NC were Health Care & Social Assistance (67 people), Manufacturing (42 people), and Administrative & Support & Waste Management Services (39 people), and the highest paying industries were Public Administration ($102,750), Retail Trade ($65,833), and Transportation & Warehousing, & Utilities ($48,750).

Employment

Occupations

312
2024 Value
± 108
−0.637%
1 Year decline
± 49.2%

From 2023 to 2024, employment in New London, NC declined at a rate of −0.637%, from 314 employees to 312 employees.

The most common job groups, by number of people living in New London, NC, are Office & Administrative Support Occupations (47 people), Installation, Maintenance, & Repair Occupations (32 people), and Management Occupations (30 people). This chart illustrates the share breakdown of the primary jobs held by residents of New London, NC.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

312
2024 Value
± 108
−0.637%
1 Year decline
± 49.2%

From 2023 to 2024, employment in New London, NC declined at a rate of −0.637%, from 314 employees to 312 employees.

The most common employment sectors for those who live in New London, NC, are Health Care & Social Assistance (67 people), Manufacturing (42 people), and Administrative & Support & Waste Management Services (39 people). This chart shows the share breakdown of the primary industries for residents of New London, NC, though some of these residents may live in New London, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$48,929
Median earning men ± $15,473
$39,348
Median earning women ± $8,548

The industries with the best median earnings for men in 2024 are Retail Trade ($96,250), Public Administration ($66,563), and Construction ($45,625).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($45,189), Finance & Insurance, & Real Estate & Rental & Leasing ($35,625), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($31,875).

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Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.
Y-Axis
3.04%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

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Housing & Living

The median property value in New London, NC was $296,200 in 2024, which is 0.89 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $256,300 to $296,200, a 15.6% increase. The homeownership rate in New London, NC is 70.5%, which is higher than the national average of 65.2%.

People in New London, NC have an average commute time of 23 minutes, and they drove alone to work. Car ownership in New London, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$296,200
Median Property Value 2024
±$42,199
$148
Median Property Taxes
±$52

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In New London, NC the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in New London, NC compared to it's parent and neighbor geographies.

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Rent vs Own

70.5%
Homeownership
2024
64.6%
Homeowners with Mortgage
2024

In 2024, 70.5% of the housing units in New London, NC were occupied by their owner. This percentage grew from the previous year's rate of 69.2%.

This chart shows the percentage of owner in New London, NC compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$61,875
Median Household Income
± $16,209
210
Number of Households
± 65

In 2024, the median household income of the 210 households in New London, NC grew to $61,875 from the previous year's value of $59,688.

The following chart displays the households in New London, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for New London, NC is from North Carolina.
0.467
2023 Wage GINI in North Carolina
0.47
2022 Wage GINI in North Carolina

In 2023, the income inequality in North Carolina was 0.467 according to the GINI calculation of the wage distribution. Income inequality had a 0.639% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.476. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (77.9%)
  2. Worked At Home (11.4%)
  3. Carpooled (10.7%)

In 2024, 77.9% of workers in New London, NC drove alone to work, followed by those who worked at home (11.4%) and those who carpooled to work (10.7%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

23 minutes
Average Travel Time

Using averages, employees in New London, NC have a shorter commute time (23 minutes) than the normal US worker (26.4 minutes). Additionally, 0.758% of the workforce in New London, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New London, NC compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in New London, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New London, NC have 2 cars.

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Poverty

Poverty & Diversity

18.7% of the population for whom poverty status is determined in New London, NC (113 out of 603 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males < 5, followed by Females 6 - 11 and then Females 12 - 14.

The most common racial or ethnic group living below the poverty line in New London, NC is Hispanic, followed by White and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

92.8% of the population of New London, NC has health coverage, with 45.9% on employee plans, 19.1% on Medicaid, 8.22% on Medicare, 19.2% on non-group plans, and 0.329% on military or VA plans.

Primary care physicians in North Carolina see 1,413 patients per year on average, which represents a 0% change from the previous year (1,413 patients). Compare this to dentists who see 1634 patients per year, and mental health providers who see 299 patients per year.

By gender, of the total number of insured persons, 46.1% were men and 53.9% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 22.7% under 18 years, 30.4% between 18 and 34 years, 35.2% between 35 and 64 years, and 11.7% over 64 years.

By gender, of the total number of insured persons, 46.1% were men and 53.9% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

7.24%
Uninsured
45.9%
Employer Coverage
19.1%
Medicaid
8.22%
Medicare
19.2%
Non-Group
0.329%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in New London, NC declined by 38.6% from 11.8% to 7.24%.

The following chart shows how the percent of uninsured individuals in New London, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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