New London is a very small town located in the state of New Hampshire. With a population of 4,417 people and two associated neighborhoods, New London is the 96th largest community in New Hampshire. New London home prices are not only among the most expensive in New Hampshire, but New London real estate also consistently ranks among the most expensive in America.New London is a decidedly white-collar town, with fully 91.65% of the workforce employed in white-collar jobs, well above the national average. Overall, New London is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in New London who work in management occupations (24.94%), sales jobs (12.34%), and healthcare (11.05%). Also of interest is that New London has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 17.82% 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 a small town where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the New London area, with all of the energy of the students filling area dorms and apartments each fall, really helps New London maintain a good economy. Another notable thing is that New London is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, New London’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live. Because of many things, New London is a great place for families with children to consider. First of all, many other families with children live here, making New London a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, New London has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, New London’s overall crime rate is lower than average for the country. As is often the case in a small town, New London doesn't have a public transportation system that people use for their commute.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New London. 62.55% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in New London in 2022 was $51,047, which is upper middle income relative to New Hampshire, and wealthy relative to the rest of the US. This equates to an annual income of $204,188 for a family of four. However, New London contains both very wealthy and poor people as well. 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. Important ancestries of people in New London include English, Irish, German, Italian, and Scottish. The most common language spoken in New London is English. Other important languages spoken here include Spanish and French.
