New London is a very small town located in the state of New Hampshire. With a population of 4,417 people and two associated neighborhoods, New London is the 96th largest community in New Hampshire.
New London home prices are not only among the most expensive in New Hampshire, but New London real estate also consistently ranks among the most expensive in America.
Also of interest is that New London has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.82% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
New London is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped New London to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy.
Another notable thing is that New London is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, New London’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
Because of many things, New London is a great place for families with children to consider. First of all, many other families with children live here, making New London a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, New London has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, New London’s overall crime rate is lower than average for the country.
New London is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Do you like to read, write and learn? If you move to New London, you'll likely find that many of your neighbors like to as well. New London is one of the more educated communities in America, with a full 62.55% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in New London in 2022 was $51,047, which is upper middle income relative to New Hampshire, and wealthy relative to the rest of the US. This equates to an annual income of $204,188 for a family of four. However, New London contains both very wealthy and poor people as well.
The people who call New London home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New London residents report their race to be White, followed by Black or African-American. Important ancestries of people in New London include English, Irish, German, Italian, and Scottish.
The most common language spoken in New London is English. Other important languages spoken here include Spanish and French.