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ZipNumbers

Connecticut · Census place 52280

New London city, CT

Quick answer

New London city has 27,199 residents, ranking #23 of 215 places in Connecticut. Median household income is $60,123, the median home is worth $234,800 and median gross rent runs $1,303 a month.

Population
27,199New London city residents
Median household income
$60,123Past 12 months, inflation adjusted
Median home value
$234,800Owner-occupied units
Median gross rent
$1,303Rent plus utilities, monthly
Median age
35.1 yrsAll residents
Homeownership rate
40.1%Owner-occupied households

What the numbers mean in New London city

Housing cost measured against local earnings.

A household earning the New London city median would spend about 26% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21% of residents and 40.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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