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.
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.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Located in the state of Ohio, New London is a small city with a population of 2,533 inhabitants. If we look at the most recent Census, New London is known to have a predominantly White population. The next two most common races are Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in New London is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in New London can be a great experience for anyone moving to the city. Having said that, in the state of Ohio, there are many incredible 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 crime, cost of living, commute, employment, 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.
New London, OH receives 63 out of 100 for its livability score; this results in a ranking of #777 in Ohio and #14,048 in the USA. For each of the livability categories, we know that New London ranks very well for crime (A) and housing (A+). New London does not score well for the following: amenities (F) and employment (F). It might be a good idea to take a closer look at each category to find out why.
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In New London, residents are fortunate to experience a cost of living that is 21.76% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making New London an attractive choice for those seeking financial prudence without compromising on quality of life.
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.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to New London is real estate affordability. Median real estate prices in New London come in at $153,502, which is 34.6% lower than the Ohio 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 2.5, which is 19.4% lower than the Ohio average.
| Statistic | New London | Ohio | National |
| Average one way commute | 27min | 23min | 26min |
| Workers who drive to work | 75.0% | 83.4% | 76.4% |
| Workers who carpool | 12.9% | 7.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.7% | 5.1% |
| Workers who bicycle | 0.3% | 0.3% | 0.6% |
| Workers who walk | 6.8% | 2.3% | 2.8% |
| Working from home | 0.0% | 3.7% | 4.6% |
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