
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 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.
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.
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.
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.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Located in the state of Iowa, New London is a smaller city with a population of 2,520 inhabitants. The majority of New London residents report their race to be White; this is followed by Black and Asian. If you are a young adult or student, you might be pleased to know that the average age of all New London residents is 33. New London is not known to have a high population (over 15 years old) of married people. At only 50% married, this city falls well below the national average. Not a fan of sitting in traffic during your commute to work? New London offers shorter work commutes, with an average one-way commute time taking only 16 minutes, far lower than the national average of 26 minutes.
Living in New London can be a fulfilling experience for anyone moving to the area. Having said that, in the state of Iowa, there are many amazing 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. With useful information like amenities, cost of living, housing 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 76 out of 100. This score is ranked in the 89th percentile when compared to all other cities. Pack your bags! This is a very high score in comparison to other US cities. Living in New London could be a great choice! If we consider each of the categories on their own, we see that New London ranks well for crime (A+), cost of living (A+), education (B) and housing (A+). Regrettably for New London, there are some categories for which it does not rank well, this includes: amenities (F).
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, New London has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that New London meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in New London. Everything else becomes a lot less important if it turns out that home prices in New London are simply unattainable. Median real estate prices in New London come in at $173,608, which is 27.7% lower than the Iowa 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 2.1, which is 30% lower than the Iowa average.

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| Statistic | New London | Iowa | National |
| Average one way commute | 16min | 19min | 26min |
| Workers who drive to work | 85.2% | 80.7% | 76.4% |
| Workers who carpool | 11.1% | 8.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.2% | 0.5% | 0.6% |
| Workers who walk | 1.6% | 3.5% | 2.8% |
| Working from home | 1.7% | 4.5% | 4.6% |