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New London Connecticut Real Estate By Jennifer Hershey

New London Connecticut Real Estate

New London, Connecticut, is located in New London County, 35 miles SE of Manchester, Connecticut and 86 miles SW of Boston, Massachusetts. New London has a population of 25,671.

New London Homes

New London properties pool is 10,181 residential properties including New London new homes. Median age of real estate in New London is 1944. Average Household size is 3 people. 5% are one bedroom homes, 28% are 2 bedroom homes, 43% are 3 bedroom homes, 17% are 4 bedroom homes, and 6% are 5+ bedroom homes.

New London Mortgage Statistics

New London mortgages vs. USA median statistics

Homes New London USA
Homes With No Mortgage 36%
30%
Homes With Mortgage 64%
70%
First Mortgage Only 49%
54%
First & Second Mortgage or HELOC 14%
16%

New London Area Real Estate Tax

New London Real estate Tax: Median Real Estate Taxes (2000) were $2,432 comparing to 1999 Median Family income $ 38,942. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

New London School District: Children make up 22.8% of New London population. New London has 5,857 under 18 years old residents, or 0.48 kids per one worker, or 0.58 kids per one household.

New London Real Estate & New London Homeownership

There are 3868.78 or 38% one person households, 3054.3 or 30% two person households, and 1527.15 or 15% three person households in New London, Connecticut. Median residents age is 31.2, Senior citizens (65+) make up 3,107 or 12.1%% of New London population.

There are 12,201 workers (over 16 years of age) in New London. Of these, 78.95% drive to work. Approximately 3.1% of workers in New London take public transportation. An estimated 11.98% walk to work.

Median New London homeowner's housing expences are 21.1%

Crime in New London (2003), crimes per 10,000 residents per year

Type of Crime New London USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in New London Properties

When making a decision about buying real estate in New London Connecticut area, you should consider following statistical data:

Category New London USA
Near Medium City
Manchester, Connecticut
-
Near Large City
Boston, Massachusetts
-
New London Zip Codes
06320
-
New London Area Codes
860
-
White population
63.49%
75.1%
African-American population
18.64%
12.3%
Asian
2.12%
3.6%
American Indian & Alaskan
0.88%
0.9%
Hispanic (of any race)
19.71%
12.5%
Median Family Income (1999)
$ 38,942%
$42,000
Population Below Poverty Level
14.19%
12.4%

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