New London, CT Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in New London is 12% lower than the national average
The median household income in New London is 14% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New London is 6% lower than the national average
The poverty level in New London is 58% higher than the national average

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am i middle class

$31,612 $47,424 $94,848

City

$47,831 $71,755 $143,510

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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New London median earnings by income bracket

New London employment by industry

Labour Type	Male	Female
Construction industry	7.8%	7.8%
Manufacturing sector	19.0%	19.0%
Financial & insurance services	1.6%	1.6%
Wholesale & retail services	15.6%	15.6%
Public administration	5.4%	5.4%
Transportation, warehousing & utilities	4.6%	4.6%
Education, health & social services	15.1%	15.1%
Other	27.7%	27.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Noank, CT	1,454	$144,063	160.4%
Mashantucket, CT	225	$132,250	139.1%
Watch Hill, RI	196	$117,639	112.6%
Fenwick, CT	44	$113,750	105.6%
Mystic, CT	4,776	$112,246	102.9%
New London, CT	27,001	$47,424	14.3%

Cities with similar population

City	Population	Household Income	National Avg.
West Chicago, IL	26,998	$77,098	39.4%
Maryland Heights, MO	26,996	$69,973	26.5%
Mount Pleasant, WI	27,008	$72,309	30.7%
Norco, CA	27,021	$106,370	92.3%
Bristol, TN	26,973	$42,067	24.0%
New London, CT	27,001	$47,424	14.3%

Source: The New London, CT employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	New London	Connecticut	National
Income per capita	$26,242	$39,906	$29,829
Median household income	$47,424	$71,755	$55,322
Median income owner occupied	$79,813	$94,523	$70,586
Median income renter occupied	$33,561	$37,585	$35,192
Median earnings male	$29,692	$46,559	$36,919
Median earnings female	$20,768	$31,943	$26,250
Unemployment rate	4.4%	5.3%	4.7%
Poverty level	23.9%	10.4%	15.1%