New London, CT
Population 27,199 · Connecticut
About New London, CT
New London is a mid-sized city in Connecticut with a population of 27,199 residents. The median household income is $60,123 per year, which is near the national average. The median age in New London is 35.1 years.
Housing in New London has a median home value of $234,800 and median monthly rent of $1,303. Of the 12,514 total housing units, renting is more common than owning, with 4,634 owner-occupied and 6,935 renter-occupied units.
The unemployment rate in New London is 7.3% and the poverty rate is 21.0%. 28.9% of residents hold a bachelor's degree or higher. The average commute time is 20.1 minutes.
How New London Ranks in Connecticut
Cost of Living in New London, CT
Compared to national averages, New London has a median household income of $60,123 (20% below the national median of $75,149). Home values average $234,800, which is 4% below the national median. Monthly rent at $1,303 is 12% above the US average of $1,163. Within Connecticut, New London's income is 51% below the state average of $123,065, and home values are 55% below the state median of $516,920.
Why Live in New London, CT?
New London offers affordable housing with a median home value of $234,800, below the US average of $244,900, and short commute times averaging just 20.1 minutes.
Potential considerations include median household income ($60,123) that falls below the national average. However, New London’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New London has a population of 27,199 with a median age of 35.1 years. Compare New London with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near New London
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wethersfield | 27,180 | $118,523 | $300,500 | Compare |
| East Haven | 27,729 | $86,498 | $274,900 | Compare |
| North Haven | 24,177 | $126,807 | $360,100 | Compare |
| Newington | 30,551 | $98,585 | $279,900 | Compare |
| Naugatuck | 31,634 | $92,184 | $241,600 | Compare |
| Ansonia | 18,951 | $80,585 | $269,300 | Compare |
| Torrington | 35,481 | $69,611 | $195,800 | Compare |
| Wallingford Center | 18,107 | $84,554 | $292,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New London
What is the population of New London, CT?
The population of New London, CT is 27,199 according to the latest Census data.
What is the median household income in New London?
The median household income in New London, CT is $60,123 per year.
What is the median home value in New London?
The median home value in New London, CT is $234,800.
What is the average rent in New London?
The median monthly rent in New London, CT is $1,303.
What is the unemployment rate in New London?
The unemployment rate in New London, CT is 7.3%.