D+
27%
Income/capita NAT. AVG.
1%
Household income NAT. AVG.
13%
Unemployment NAT. AVG.
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IndexNew LondonIowaNational
Income per capita$21,894$28,872$29,829
Median household income$56,075$54,570$55,322
Median income owner occupied$66,429$66,527$70,586
Median income renter occupied$38,603$30,828$35,192
Median earnings male$37,827$37,409$36,919
Median earnings female$22,553$25,115$26,250
Unemployment rate4.1%3.1%4.7%
Poverty level12.1%12.3%15.1%
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Key findings

  • The income per capita in New London is 27% lower than the national average
  • The median household income in New London is 1% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in New London is 13% lower than the national average
  • The poverty level in New London is 20% lower than the national average

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      am i middle class

      $
      Input your household income
      $37,379 $56,075 $112,150
      City
      $36,376 $54,570 $109,140
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      New London median earnings by income bracket

      New London employment by industry

      Labour TypeMaleFemale
      Construction industry9.3%9.3%
      Manufacturing sector25.7%25.7%
      Financial & insurance services0.5%0.5%
      Wholesale & retail services15.8%15.8%
      Public administration4.2%4.2%
      Transportation, warehousing & utilities8.0%8.0%
      Education, health & social services23.9%23.9%
      Other11.5%11.5%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Denmark, IA504$112,308103.0%
      Westwood, IA71$98,75078.5%
      Houghton, IA104$91,25064.9%
      Olds, IA166$68,43823.7%
      Beaverdale, IA886$67,67922.3%
      New London, IA2,433$56,0751.4%

      Cities with similar population

      City Population Household Income National Avg.
      New Eagle, PA2,433$45,89117.0%
      Blucher No. 343, SK2,433n/a 
      Brundidge, AL2,432$33,91438.7%
      Hickman, NE2,432$100,25081.2%
      Lennox, SD2,432$52,1975.6%
      New London, IA2,433$56,0751.4%
      Source: The New London, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).