Located in the state of Connecticut, New London is a medium-sized city with a population of 27,218 residents. With a population density of 4,842 people per square mile, New London is well above the nation's average density level. More than a quarter of the residents of New London identify themselves as Hispanic or Latino, and 23% of the population speak Spanish as their primary or secondary language. The median age of all New London residents is 31, which is well below the national average. This is a good indication that this city could be ideal for young singles. All the single ladies (and all the single fellas) might want to take notice as only 48% of the New London population is married.
Without the right tools, moving to any new city can be very stressful and challenging. Living in New London, Connecticut could be a fulfilling experience for anyone who puts in the effort to do the research required. With useful information like amenities, crime, employment and other key data points, finding the best places to live in New London and in the areas around New London is a much easier task.
Using data and statistics New London has received a livability score of 53 out of 100. This score is ranked in the 4th percentile when compared to all other cities. Compared to the national average, this area has a score which ranks among the lowest in the nation, and it is not considered a very livable city. New London ranks so poorly that more than 90% of the cities in all of the USA have a higher score. There are seven total categories that create the livability score. New London scores well for amenities (A+). On a more negative note, New London does not have favorable grades for the following: crime (F), cost of living (D), education (F), employment (F) and housing (F). If we take a look at the data, we can find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in New London, there is no shortage of amazing local amenities and interesting things to do. Here are some of the more popular things to do in New London: Ocean Beach Park, Mystic Whaler Cruises, and Fort Trumbull State Park.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to New London is real estate affordability. The median home price for New London homes is $183,900, which is 31.7% lower than the Connecticut average. If we take a closer look at the affordability of homes in New London, we’ll see that the home price to income ratio is 5.2, which is 36.8% higher than the Connecticut average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in New London will offer some insight into determining if your home purchase will be a solid investment for years to come. In New London, the year-over-year appreciation rates were 4.4%, and the 5 year appreciation rates came in at 2.3%.
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