NEW LONDON, MN  56273

Total Population: 5,050

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Median Home Value

$299,400

Owner-occupied units

Median Household Income

$91,520

Across all households

Median Age

42.7 yrs

Across all residents

Bachelor's Degree+

35.7%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)95.9%
Two or More Races1.8%
Hispanic or Latino1.7%
Asian (Non-Hispanic)0.4%
Other Race0.2%

Under 18 Years

23.2%

65 Years and Over

23.8%

Male

49.9%

Female

50.1%

U.S. Citizens (18+)

98.8%

No Health Insurance

3.8%

Education

3 fields

High School Graduate or Higher (25+)

95.5%

Bachelor's Degree or Higher (25+)

35.7%

Enrolled in College (18+)

4.2%

Economics

6 fields

Median Household Income

$91,520

Mean Household Income

$105,034

Per Capita Income

$42,216

Unemployment Rate (16+)

2.0%

In Labor Force (19–64)

86.2%

SNAP / Food Stamps

1.9%

Housing & Households

13 fields

Median Home Value

$299,400

Median Rent

$965/mo

Total Housing Units

2,421

Owner-Occupied

86.5%

Renter-Occupied

13.5%

Vacancy Rate

16.7%

Married Couple Households

64.7%

Cohabiting Couple Households

5.0%

Male Householder, No Partner

14.2%

Female Householder, No Partner

16.1%

Average Household Size

2.48

Broadband Internet Access

88.0%

Housing Built Since 2010

9.4%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 56273.