Texas · Census place 51168
New London city, TX
Quick answer
New London city has 1,198 residents, ranking #942 of 1863 places in Texas. Median household income is $50,909, the median home is worth $169,400 and median gross rent runs $581 a month.
- Population
- 1,198New London city residents
- Median household income
- $50,909Past 12 months, inflation adjusted
- Median home value
- $169,400Owner-occupied units
- Median gross rent
- $581Rent plus utilities, monthly
- Median age
- 51.5 yrsAll residents
- Homeownership rate
- 93.3%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 13.7% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.3% of residents and 93.3% 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 Texas.
- Wolfe City city 1,201
- Harper CDP 1,199
- Lake Medina Shores CDP 1,198
- Runge town 1,196
- Plains town 1,190
- Rankin city 1,189
- Muniz CDP 1,184
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