New London, IA Employment - Median Household Income, Unemployment Rate

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Income/capita 16%

Household income 9%

Unemployment 19%

Index	New London	Iowa	National
Income per capita	$25,013	$28,872	$29,829
Median household income	$50,179	$54,570	$55,322
Median income owner occupied	$57,500	$66,527	$70,586
Median income renter occupied	$33,438	$30,828	$35,192
Median earnings male	$35,224	$37,409	$36,919
Median earnings female	$26,273	$25,115	$26,250
Unemployment rate	3.8%	3.1%	4.7%
Poverty level	14.7%	12.3%	15.1%

Key findings

The income per capita in New London is 16% lower than the national average
The median household income in New London is 9% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New London is 19% lower than the national average
The poverty level in New London is 3% lower than the national average

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am i middle class

$33,449$50,179$100,358

City

$36,376$54,570$109,140

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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New London median earnings by income bracket

New London employment by industry

Labour Type	Male	Female
Construction industry	8.5%	1.7%
Manufacturing sector	28.8%	0.4%
Financial & insurance services	0.0%	2.1%
Wholesale & retail services	16.2%	20.8%
Public administration	7.3%	5.6%
Transportation, warehousing & utilities	8.9%	0.2%
Education, health & social services	11.9%	34.0%
Other	16.9%	19.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Westwood, IA	96	$101,667	83.8%
Houghton, IA	152	$70,313	27.1%
Beaverdale, IA	1,385	$57,917	4.7%
St. Paul, IA	100	$56,719	2.5%
Middletown, IA	361	$55,625	0.5%
New London, IA	1,945	$50,179	9.3%

Cities with similar population

City	Population	Household Income	National Avg.
Waterville, MN	1,945	$42,667	22.9%
Barview, OR	1,945	$40,000	27.7%
Stafford, OR	1,945	$125,556	127.0%
Brockway, PA	1,945	$40,321	27.1%
Bow Island, AB	1,945	n/a
New London, IA	1,945	$50,179	9.3%

Source: The New London, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).