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.
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.
New London is a smaller city located in the state of Wisconsin. The city has a population of 7,307 residents. 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 Asian and Black. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in New London, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
Living in New London can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of Wisconsin, there are many desirable 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, education, 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 70/100. This score is ranked in the 77th percentile when compared to all other cities. If we dig down a little deeper into each category within the livability score, we see that New London has higher than average grades for the following: crime (A+), cost of living (A+) and housing (A+). On a more negative note, New London does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. New London has a violent crime rate of 54 crimes per 100,000 residents which is far lower than the national average.
The unemployment rate in New London has consistently declined over the years and currently stands well below the national average at 1.7%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
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 $257,536, which is 14.5% lower than the Wisconsin 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 3.2, which is 13.5% lower than the Wisconsin average.
| Statistic | New London | Wisconsin | National |
| Average one way commute | 23min | 22min | 26min |
| Workers who drive to work | 77.1% | 80.7% | 76.4% |
| Workers who carpool | 8.2% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 1.9% | 5.1% |
| Workers who bicycle | 2.1% | 0.8% | 0.6% |
| Workers who walk | 7.7% | 3.3% | 2.8% |
| Working from home | 4.3% | 4.2% | 4.6% |
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