New London is a very small town located in the state of New Hampshire. With a population of 4,463 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.
A relatively large number of people in New London telecommute to their jobs. Overall, about 13.25% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 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.
Being a small town, New London does not have a public transit system used by locals to get to and from work.
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 65.40% 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 $50,484, which is middle income relative to New Hampshire, and wealthy relative to the rest of the US. This equates to an annual income of $201,936 for a family of four.
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 Asian. 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 Chinese.