Apartments for rent in New London, NH

The small town of New London, New Hampshire is home to approximately 1,000 people. Young adults (15-24) should fit right in, as they account for an above-average percentage of the population, while young professionals appear in smaller numbers. Overall, the town's population, at an average age of just under 36, is decidedly younger than most cities in New Hampshire, ranking as the fourth-youngest municipality in the state. Only 34% of residents rent in New London, as home ownership is common in the area. With a relatively low average rent of $934 per month in the town, renting remains an affordable option, particularly compared to other cities in New Hampshire. Over the course of a year, renters in New London will save around $1,800 compared to the state average.

Averaging about 22 minutes, the commute time for New London residents is faster than the state average of about 26 minutes. Driving a vehicle is the typical means of commuting to work, selected by 26% of workers, while public transit isn't used extensively. Few residents (9%) walk to work, though the number easily exceeds the national average.

Among residents older than 25 in New London, 7% possess a Bachelor's degree and 6% have earned a Master's or Doctoral degree. There are three primary industries in New London: education, entertainment, and retail. Together, these industries account for 31% of the town's labor force. With an average annual income of nearly $80,000, New London workers earn slightly more than the average New Hampshire resident. New London's average income also compares favorably to the national average of $73,345.