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.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
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.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
New London is a moderately-sized city located in the state of Connecticut. The city has a population of 27,712 residents. With a population density of 4,930 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 26% of the population speak Spanish as their primary or secondary language. New London could be a great place for young adults and students as the average age of 32 years old is below the nation’s average. New London is very likely to be a great place to live for singles as only 35%, of the population (over fifteen) are classified as married. If you're not a fan of traffic congestion and long commute times to work, New London is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Living in New London can be a great experience for anyone relocating to the city. Having said that, in the state of Connecticut, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like commute, health & safety, employment, you can easily compare the best places to live in New London and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare New London to Connecticut and the national average.
New London has a livability score of 72/100 and is ranked #73 in Connecticut and #5,678 in the USA. Based on the rankings for each individual category, New London has been rewarded with high marks for crime (B) and housing (A-). There is at least one category that does not have great scores in New London. The following was graded with a disappointing score: amenities (F) and education (F).
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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in New London is actually affordable. Median real estate prices in New London come in at $342,940, which is 30% lower than the Connecticut 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 4.8, which is 4.3% higher than the Connecticut average.
| Statistic | New London | Connecticut | National |
| Average one way commute | 19min | 26min | 26min |
| Workers who drive to work | 66.9% | 78.3% | 76.4% |
| Workers who carpool | 10.3% | 8.1% | 9.3% |
| Workers who take public transit | 4.5% | 4.9% | 5.1% |
| Workers who bicycle | 0.6% | 0.3% | 0.6% |
| Workers who walk | 9.3% | 2.9% | 2.8% |
| Working from home | 7.4% | 4.6% | 4.6% |
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