New London, MO
Population 1,118 · Missouri
About New London, MO
New London is a small town located in Missouri with a population of 1,118 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,292 per year, which is 37% below the national median of $75,149. The median age of 34.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in New London features a median home value of $126,900, which is 48% below the national median of $244,900. This makes New London one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $748, 36% below the national average of $1,163/month. Of the 490 total housing units, 64% are owner-occupied (277 units) and 36% are renter-occupied (156 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in New London shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.8%, above the national average of 12.4%. Workers in New London have an average one-way commute time of 24.8 minutes.
Education & Demographics
8.8% of New London residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in New London, MO
Compared to national averages, New London has a median household income of $47,292 (37% below the national median of $75,149). Home values average $126,900, which is 48% below the national median. Monthly rent at $748 is 36% below the US average of $1,163. Within Missouri, New London's income is 23% below the state average of $61,047, and home values are 16% below the state median of $150,786.
Why Live in New London, MO?
New London offers affordable housing with a median home value of $126,900, below the US average of $244,900, and rent that’s lower than the national average at $748/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features short commute times averaging just 24.8 minutes.
Potential considerations include median household income ($47,292) 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 1,118 with a median age of 34.9 years. Compare New London with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near New London
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bloomsdale | 1,123 | $98,807 | $209,400 | Compare |
| Maysville | 1,106 | $48,125 | $137,500 | Compare |
| Ellington | 1,104 | $33,953 | $70,000 | Compare |
| Pasadena Hills | 1,104 | $85,694 | $248,300 | Compare |
| Mound City | 1,103 | $60,735 | $124,700 | Compare |
| Oran | 1,137 | $57,404 | $130,200 | Compare |
| Sturgeon | 1,143 | $66,500 | $139,300 | Compare |
| Blue Summit | 1,145 | $57,016 | $34,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare New London With Other Cities
Frequently Asked Questions about New London
What is the population of New London, MO?
The population of New London, MO is 1,118 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Missouri.
What is the median household income in New London?
The median household income in New London, MO is $47,292 per year, which is 37% below the national median of $75,149.
What is the median home value in New London?
The median home value in New London, MO is $126,900, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New London?
The median monthly rent in New London, MO is $748, which is 36% below the national average of $1,163/month.
What is the unemployment rate in New London?
The unemployment rate in New London, MO is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New London, MO a good place to live?
New London offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,118 and a median age of 34.9, the city appeals to young professionals and families.
How educated is New London, MO?
8.8% of residents in New London aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New London?
Key cost-of-living indicators for New London, MO: median home value is $126,900 (48% below national), median rent is $748/month, and median household income is $47,292. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New London?
The poverty rate in New London, MO is 23.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is New London, MO?
New London's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.0% two or more races. 0.0% of residents are foreign-born.