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

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D

19%

Income/capita NAT. AVG.

18%

Household income NAT. AVG.

38%

Unemployment NAT. AVG.

Index	New London	Texas	National
Income per capita	$24,263	$27,828	$29,829
Median household income	$45,474	$54,727	$55,322
Median income owner occupied	$45,603	$70,980	$70,586
Median income renter occupied	$0	$36,330	$35,192
Median earnings male	$44,063	$36,153	$36,919
Median earnings female	$26,827	$25,035	$26,250
Unemployment rate	2.9%	4.1%	4.7%
Poverty level	12.4%	16.7%	15.1%

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Key findings

The income per capita in New London is 19% lower than the national average
The median household income in New London is 18% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New London is 38% lower than the national average
The poverty level in New London is 18% lower than the national average

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am i middle class

$30,312 $45,474 $90,948

City

$36,481 $54,727 $109,454

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	11.7%	11.7%
Manufacturing sector	12.9%	12.9%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	10.5%	10.5%
Public administration	0.4%	0.4%
Transportation, warehousing & utilities	16.1%	16.1%
Education, health & social services	1.6%	1.6%
Other	46.8%	46.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Liberty City, TX	2,092	$70,192	26.9%
Lakeport, TX	1,247	$61,500	11.2%
Kilgore, TX	14,824	$55,810	0.9%
New Chapel Hill, TX	715	$53,897	2.6%
Arp, TX	1,402	$52,159	5.7%
New London, TX	1,260	$45,474	17.8%

Cities with similar population

City	Population	Household Income	National Avg.
Sanford, CO	1,260	$40,341	27.1%
Surf City, NJ	1,260	$94,750	71.3%
Houston, PA	1,260	$56,563	2.2%
Ardmore, TN	1,260	$38,929	29.6%
Cambridge, WI	1,260	$77,955	40.9%
New London, TX	1,260	$45,474	17.8%

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