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.
Telecommuters are a relatively large percentage of the workforce: 17.82% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the New London area, with all of the energy of the students filling area dorms and apartments each fall, really helps New London maintain a good economy.
Another notable thing is that New London is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Because of many things, New London is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, New London really has some of the features that families look for when choosing a good community to raise children. Is New London perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
As is often the case in a small town, New London doesn't have a public transportation system that people use for their commute.
If knowledge is power, New London is a pretty powerful place. 62.55% of the adults in New London have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
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.