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New London city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, New London city, Iowa has a total population of 2,402, the 148th largest city in Iowa, with a median household income of $65,815, which is 10% lower than the state average. The poverty rate is 9.3%.

Key Takeaways

New London city Quick Facts

Population 2,402
Median Household Income $65,815
Median Home Value $118,900
Poverty Rate 9.3%
Unemployment Rate 2.8%
Median Age 35.4 years
Homeownership Rate 77.8%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 21.8%
High School Graduation Rate 93.8%
Diversity Index 13/100
Population 2,402 148th of 1,018
Median Income $65,815 average
Poverty Rate 9.3% 26% lower national
Median Home Value $118,900 average

How New London city Compares

Economy & Housing

Employment

2.8% Unemployment Rate State: 3.6% | National: 5.2%
65.0% Labor Force Participation

Housing Overview

Owner 77.8%
Renter 22.2%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 30 | National average: 60

Education

New London city Rankings in Iowa

#148 Population of 1,018
#453 Median Income of 1,018
#306 Education of 1,018
#435 Home Value of 1,018

Cities Similar to New London city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Alta city2,344$66,118$125,80020.5%7.4%
Belle Plaine city2,412$70,517$111,60018.4%6.1%
Rockwell City city2,449$61,563$91,30014.0%7.5%
Cascade city2,565$69,861$196,10026.5%10.6%
Northwood city2,170$64,615$124,80018.5%5.2%

Population Overview

New London city is a small community located in Iowa. The total population is 2,402. It ranks as the 148th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in New London city is 35.4 years. This is 8% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in New London city is $65,815. This is 10% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 16% lower. The poverty rate stands at 9.3%. This is 16% lower than the state poverty rate of 11.0%. The unemployment rate is 2.8%. This is 24% lower than the state rate of 3.6%. The median home value is $118,900. Housing costs are 39% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.8x, New London city is one of the most affordable housing markets in the area. 77.8% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 71.5%.

Race & Ethnicity

New London city has a predominantly White (non-Hispanic) population, comprising 92.9% of all residents. Hispanic or Latino residents account for 2.9%. The Black or African American population (0.7%) is well below the state average of 3.8%. The Hispanic or Latino population (2.9%) is well below the state average of 7.0%. The Asian population (0.1%) is well below the state average of 2.4%.

Education

21.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.8%.

Data Sources & Methodology

All demographic data for New London city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of New London city, Iowa?

New London city, Iowa has a population of 2,402 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New London city, IA?

The median household income in New London city is $65,815, which is 16% lower the national median of $78,538.

What is the poverty rate in New London city, IA?

The poverty rate in New London city is 9.3%. This means approximately 219 residents live below the federal poverty line.

What is the racial makeup of New London city, Iowa?

New London city's population is 92.9% White, 0.7% Black, 2.9% Hispanic/Latino, and 0.1% Asian.

What is the median home value in New London city, IA?

The median home value in New London city is $118,900. The home-value-to-income ratio is 1.8x.

How educated is New London city, Iowa?

21.8% of adults (25+) in New London city hold a bachelor's degree or higher, and 8.7% hold a graduate or professional degree.