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North Carolina · Census place 46820

New London town, NC

Quick answer

New London town has 594 residents, ranking #556 of 777 places in North Carolina. Median household income is $59,688, the median home is worth $256,300 and median gross rent runs $1,105 a month.

Population
594New London town residents
Median household income
$59,688Past 12 months, inflation adjusted
Median home value
$256,300Owner-occupied units
Median gross rent
$1,105Rent plus utilities, monthly
Median age
38.2 yrsAll residents
Homeownership rate
69.2%Owner-occupied households

What the numbers mean in New London town

Housing cost measured against local earnings.

A household earning the New London town median would spend about 22.2% 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 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.2% of residents and 69.2% 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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