Iowa · Census place 56325
New London city, IA
Quick answer
New London city has 2,402 residents, ranking #148 of 1026 places in Iowa. Median household income is $65,815, the median home is worth $118,900 and median gross rent runs $772 a month.
- Population
- 2,402New London city residents
- Median household income
- $65,815Past 12 months, inflation adjusted
- Median home value
- $118,900Owner-occupied units
- Median gross rent
- $772Rent plus utilities, monthly
- Median age
- 35.4 yrsAll residents
- Homeownership rate
- 77.8%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 14.1% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.3% of residents and 77.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- West Branch city 2,526
- Rockwell City city 2,449
- Belle Plaine city 2,412
- West Union city 2,393
- Atkins city 2,347
- Alta city 2,344
- Bellevue city 2,256
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