New London

Population: 594
Median household income: $59,688
Median home value: $256,300

New London is a community in Stanly County, North Carolina, home to 594 residents. At $59,688, its median household income sits in line with Stanly County's $61,631.

Between 2019 and 2023, New London's population declined 15.4% from 702 to 594, while its median home value rose 80.7% from $141,800 to $256,300.

The typical home was built around 1970. 14.2% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 594
Median age: 38.2 yrs
Median household income: $59,688
Median home value: $256,300
Median gross rent: $1,105
Housing units: 253
Homeownership rate: 69.2%
Bachelor's degree or higher: 29.0%
Unemployment rate: 2.2%

Trends

ACS 5-year · 2019–2023

Population

702594

Median household income

$73,194$59,688

Median home value

$141,800$256,300

Median gross rent

$873$1,105

Year	Population	Median household income	Median home value	Median gross rent
2019	702	$73,194	$141,800	$873
2020	640	$63,304	$143,800	$850
2021	660	$63,542	$145,800	$1,058
2022	674	$58,667	$170,300	$983
2023	594	$59,688	$256,300	$1,105

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.2%

5 to 1711.8%

18 to 2415.0%

25 to 3413.8%

35 to 4411.8%

45 to 5412.6%

55 to 6417.0%

65 to 746.2%

75 and over6.6%

	Count	Share
Under 5	31	5.2%
5 to 17	70	11.8%
18 to 24	89	15.0%
25 to 34	82	13.8%
35 to 44	70	11.8%
45 to 54	75	12.6%
55 to 64	101	17.0%
65 to 74	37	6.2%
75 and over	39	6.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	467	78.6%
Black or African American	16	2.7%
American Indian & Alaska Native	0	0.0%
Asian	33	5.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	2	0.3%
Two or more races	15	2.5%
Hispanic or Latino (any race)	61	10.3%

Educational attainment (age 25+)

No high school diploma5.4%

High school graduate27.0%

Some college or associate's38.6%

Bachelor's degree15.3%

Graduate or professional degree13.6%

	Count	Share
No high school diploma	22	5.4%
High school graduate	109	27.0%
Some college or associate's	156	38.6%
Bachelor's degree	62	15.3%
Graduate or professional degree	55	13.6%

Commute to work

Mean travel time to work: 23 min

Drove alone80.1%

Carpooled8.8%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home11.1%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	238	80.1%
Carpooled	26	8.8%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	33	11.1%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	109	41.3%
15 to 29 min	68	25.8%
30 to 44 min	41	15.5%
45 to 59 min	25	9.5%
60+ min	21	8.0%

Households

Average household size: 2.78
Poverty rate: 14.2% (84 of 590)

	Count	Share
Family households	132	61.7%
Nonfamily households	82	38.3%

Housing

Median year structure built: 1970

Occupancy

	Count	Share
Occupied	214	84.6%
Vacant	39	15.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	148	69.2%
Renter-occupied	66	30.8%

1-unit, detached94.5%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other5.5%

Units in structure

	Count	Share
1-unit, detached	239	94.5%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	14	5.5%

Geography

Place GEOID: 3746820
Type (LSAD): 43
Land area: 1.98 sq mi
Water area: 0 sq mi
Center point: 35.4349, -80.2198