New London, CT Homes for Sale

LIVING IN NEW LONDON

Check out New London, CT Homes for Sale below! New London is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Connecticut. With a population of 26,858 people and seven constituent neighborhoods, New London is the 38th largest community in Connecticut. New London has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country.

8.63% of the workforce is employed in the armed forces, making the military a huge focus of life in New London. Even though it is a military town, the civilian sector still plays an important role in the local economy. The Healthcare and Retail industries respectively employ 16.42% and 15.57% of the civilian workforce.

Telecommuters are a relatively large percentage of the workforce: 8.79% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

New London is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in New London enrolled in college, New London has a number of services, amenities and opportunities geared towards the needs and activities of students.

New London is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

The education level of New London citizens is a little higher than the average for US cities and towns: 24.98% of adults in New London have at least a bachelor’s degree.

The per capita income in New London in 2018 was $25,857, which is low income relative to Connecticut, and middle income relative to the rest of the US. This equates to an annual income of $103,428 for a family of four. However, New London contains both very wealthy and poor people as well.

New London is an extremely ethnically-diverse city. The people who call New London home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New London residents report their race to be White, followed by Black or African-American. New London also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 33.39% of the city’s residents. Important ancestries of people in New London include Irish, Italian, German, English, and Polish.

In addition, New London has a lot of people living here who were born outside of the US (18.29%).

The most common language spoken in New London is English. Other important languages spoken here include Spanish and French.