New London, MN Overview

Summary

Population Growth (since 2000)10%
Population Density (ppl / mile)1,036.00
Household Size (ppl)2.442
Households w/ Children36%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency45%
Median Year in Residency4.47

Housing Inventory

New London, MN Housing Inventory 3711240040037112400

Market Overview

46 listings with an estimated median price of $293,350

PriceCount
$0 - 100K4
$100K - 200K9
$200K - 300K11
$300K - 400K8
$400K - 500K5
$500K - 600K5
$700K - 800K1
$900K - 1M2
$1M - Max1
Property TypeCount
Single Family32
Commercial7
Lots and Land7

(Data as of 7/9/2020)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

New London, MN Population Demographics

Total: 1,232

Households:512

Median Age: 41.83

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

New London, MN Temperature

Weather Risk

New London, MN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

New London, MN Education Climate Index

Highest Education Level Attained

New London, MN Highest Education Level Attained 22622657264016191226226572640161

Employment and Finance

Workforce

New London, MN Workforce

Income by dollar range (Median Income: $49,395)

New London, MN Income by dollar range 23171625285134194928707340258330

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$436
One Bedroom
$513
Two Bedroom
$686
Three Bedroom
$896
Four Bedroom
$1,053

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

New London, MN Crime

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