New London has a population of approximately 1,193 and experiences a population change rate of 11.91%. The population density is 947.6 / sq mi .
New London, MN
New London has a population of approximately 1,193 and experiences a population change rate of 11.91%. The population density is 947.6 / sq mi .
The median household income for New London is $62,269, with 495 households and an average household size of 2.32.
The median value of a home in New London is $276,600 with an appreciation rate of 12.60%. 64.42% of housing in the state is owned while 25.91% is rented.
The cost of living in New London is 93.9 %.
The unemployment rate in New London is 3.40%, and recent job growth is at -1.98%. Future job growth is projected at 11.78%.
The sales tax rate in New London is 7.88%, while the income tax rate is 6.80% .
School expenditures in New London are $15,550, and the school ratio is 14.3:1.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 2.4 degrees. The average rainfall is approximately 30.7 inches per year, with 47.4 inches of snow per year.