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

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F

34%

Income/capita NAT. AVG.

26%

Household income NAT. AVG.

15%

Unemployment NAT. AVG.

Index	New London	Ohio	National
Income per capita	$19,759	$27,800	$29,829
Median household income	$40,708	$50,674	$55,322
Median income owner occupied	$44,939	$65,077	$70,586
Median income renter occupied	$23,421	$28,832	$35,192
Median earnings male	$27,440	$36,579	$36,919
Median earnings female	$15,813	$24,862	$26,250
Unemployment rate	5.4%	4.6%	4.7%
Poverty level	22.9%	15.4%	15.1%

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Key findings

The income per capita in New London is 34% lower than the national average
The median household income in New London is 26% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New London is 15% higher than the national average
The poverty level in New London is 52% higher than the national average

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am i middle class

$27,135 $40,708 $81,416

City

$33,779 $50,674 $101,348

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	20.2%	20.2%
Manufacturing sector	23.4%	23.4%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	17.9%	17.9%
Public administration	5.4%	5.4%
Transportation, warehousing & utilities	8.4%	8.4%
Education, health & social services	3.2%	3.2%
Other	19.4%	19.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Milan, OH	1,540	$77,969	40.9%
LaGrange, OH	2,355	$77,500	40.1%
Cinnamon Lake, OH	1,228	$75,380	36.3%
Collins, OH	443	$75,266	36.1%
Rochester, OH	149	$70,568	27.6%
New London, OH	2,476	$40,708	26.4%

Cities with similar population

City	Population	Household Income	National Avg.
Winthrop, ME	2,476	$48,581	12.2%
Roaring Spring, PA	2,475	$53,125	4.0%
Wayne, IL	2,477	$132,695	139.9%
Spring Lake, MI	2,477	$62,857	13.6%
Nicholson, MS	2,477	$36,788	33.5%
New London, OH	2,476	$40,708	26.4%

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