Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
New London is a smaller city located in the state of Wisconsin. The city has a population of 7,121 residents. The majority of New London residents report their race to be White; this is followed by Asian and Black. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in New London, your commute times will be about average, with a one way commute time of 23 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in New London, Wisconsin could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in New London and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes health & safety, education, housing and other important metrics.
Using data and statistics New London has received a livability score of 69 out of 100. This score is ranked in the 76th percentile when compared to all other cities. Based on the grades for each individual category, New London has been rewarded with high marks for crime (A+), cost of living (A+) and housing (A+). There is at least one category that did not score well in New London. The following was graded with a disappointing score: amenities (F).
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 110 crimes per 100,000 residents, which signifies that New London boasts an impressively low violent crime rate that falls well below the national average.
The unemployment rate in New London has consistently declined over the years and currently stands well below the national average at 1.64%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The New London market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in New London. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in New London are affordable. Median real estate prices in New London come in at $142,400, which is 14.7% lower than the Wisconsin average. The home price to income ratio compares the median home prices to the median household income. In New London, the home price to income ratio is 2.6, which is 16.1% lower than the Wisconsin average.
| Statistic | New London | Wisconsin | National |
| Average one way commute | 23min | 22min | 26min |
| Workers who drive to work | 77.1% | 80.7% | 76.4% |
| Workers who carpool | 8.2% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 1.9% | 5.1% |
| Workers who bicycle | 2.1% | 0.8% | 0.6% |
| Workers who walk | 7.7% | 3.3% | 2.8% |
| Working from home | 4.3% | 4.2% | 4.6% |
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