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

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B

1%

Income/capita NAT. AVG.

1%

Household income NAT. AVG.

96%

Unemployment NAT. AVG.

Index	New London	Minnesota	National
Income per capita	$30,133	$33,225	$29,829
Median household income	$56,006	$63,217	$55,322
Median income owner occupied	$71,875	$77,618	$70,586
Median income renter occupied	$26,731	$34,348	$35,192
Median earnings male	$41,293	$40,933	$36,919
Median earnings female	$21,184	$29,114	$26,250
Unemployment rate	0.2%	3.4%	4.7%
Poverty level	11.3%	10.8%	15.1%

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Key findings

The income per capita in New London is 1% higher than the national average
The median household income in New London is 1% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New London is 96% lower than the national average
The poverty level in New London is 25% lower than the national average

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am i middle class

$37,333 $56,006 $112,012

City

$42,140 $63,217 $126,434

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	20.9%	20.9%
Manufacturing sector	15.5%	15.5%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	8.5%	8.5%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	8.9%	8.9%
Education, health & social services	11.4%	11.4%
Other	31.0%	31.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lake Henry, MN	86	$88,269	59.6%
St. Martin, MN	356	$73,750	33.3%
Regal, MN	51	$71,875	29.9%
Pennock, MN	484	$69,231	25.1%
Spicer, MN	1,316	$63,750	15.2%
New London, MN	1,249	$56,006	1.2%

Cities with similar population

City	Population	Household Income	National Avg.
St. Anne, IL	1,249	$60,469	9.3%
Onsted, MI	1,249	$54,318	1.8%
New York Mills, MN	1,249	$45,000	18.7%
Holland, NY	1,249	$35,809	35.3%
Duluth, WA	1,249	$61,768	11.7%
New London, MN	1,249	$56,006	1.2%

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