Housing data for New London, IA
New London, IA has an estimated 2,338 residents and 884 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Henry County.
16.6% of households rent.
The median gross rent is $849 a month.
Figures last updated on .
- Residents
- 2,338 (±314)
- Housing units
- 884 (±127)
- Households that rent
- 16.6%
- Median gross rent
- $849
- Residents since 2015–2019
- +9.9%
What stands out in New London
Homes in buildings of 5 or more units: 0.5% (±4.0 points) in New London, lower than in Henry County (7.3%).
Households that rent: 16.6% (±7.0 points) in New London, lower than in Henry County (25.9%).
Working from home: 2.9% (±2.3 points) in New London, lower than in Henry County (7.0%).
Median home value: $139,600 (±$15,090) in New London, lower than in Henry County ($164,300).
- Types of homes in New London
- Renters and owners in New London
- Commute and cars in New London
- Home values in New London
Housing in New London at a glance
- Median rent: $849 median gross rent a month
- Rent by bedrooms: $828 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 36.2% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 16.6% of households rent
- Income and affordability: $77,560 median household income
- Home values: $139,600 median home value
- Homeowner costs: $1,232 median monthly cost with a mortgage
- Property taxes: $2,325 median real estate taxes a year
- Types of homes: 0.5% of homes are in buildings of 5 or more units
- Bedrooms: 62.2% of homes have 3 or more bedrooms
- Age of homes: 78.6% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 84.8% heat with utility gas
- Commute and cars: 22.3 minutes average trip to work
- Growth: +9.9% residents since 2015–2019
- How long people stay: 19.4% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
New London against Henry County, its state and the nation
| New London | Henry County | Iowa | United States | |
|---|---|---|---|---|
| Residents | 2,338 (±314) | 20,004 (exact) | 3,210,507 (exact) | 334,922,499 |
| Housing units | 884 (±127) | 8,445 (±73) | 1,437,699 (±523) | 143,775,355 |
| Households that rent | 16.6% (±7.0 points) | 25.9% (±2.9 points) | 28.3% (±0.3 points) | 34.8% |
| Median gross rent | $849 (±$48) | $820 (±$49) | $972 (±$6) | $1,413 |
| Median household income | $77,560 (±$22,031) | $67,436 (±$5,231) | $75,059 (±$418) | $80,734 |
| Median home value | $139,600 (±$15,090) | $164,300 (±$6,901) | $208,000 (±$1,141) | $332,700 |
| Median real estate taxes (a year) | $2,325 (±$283) | $2,559 (±$137) | $2,897 (±$13) | $3,119 |
| Built before 1980 | 78.6% (±11.9 points) | 68.3% (±4.7 points) | 61.5% (±0.4 points) | 49.7% |
| Average commute | 22.3 minutes (±3.6) | 19.6 minutes (±1.6) | 19.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 88.8% (±5.0 points) | 87.9% (±2.1 points) | 88.9% (±0.2 points) | 91.0% |
| Median age of residents | 35.5 years (±9.7) | 41.1 years (±0.6) | 38.6 years (±0.2) | 38.9 years |
New London covers 1.1 square miles of land, about 2,157 residents per square mile (Census Bureau Gazetteer).
How New London has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,128 (±230) | 2,338 (±314) | +9.9% | Not a measurable change |
| Housing units | 910 (±85) | 884 (±127) | −2.9% | Not a measurable change |
| Median gross rent | $680 (±$35) | $849 (±$48) | +24.9% | No measurable change after inflation |
| Median home value | $86,800 (±$9,516) | $139,600 (±$15,090) | +60.8% | Up after inflation |
| Median household income | $54,226 (±$5,920) | $77,560 (±$22,031) | +43.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $895 (±$81) | $1,232 (±$90) | +37.7% | No measurable change after inflation |
| Median real estate taxes | $1,500 (±$143) | $2,325 (±$283) | +55.0% | Up after inflation |
| Households that rent | 35.4% (±6.0 points) | 16.6% (±7.0 points) | −18.8 percentage points | Measurable decrease |
| Rental vacancy rate | 3.2% (±4.8 points) | 0.0% (±16.5 points) | −3.2 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Henry County
New London has no police department of its own in the FBI’s figures, so this is the figure for Henry County as a whole.
In 2025, the police departments that report for Henry County recorded 116 violent and 284 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near New London
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Danville | 6.3 mi | $700 | $158,500 | 16.9% |
| Mount Pleasant | 8.1 mi | $826 | $160,900 | 36.3% |
| Middletown | 9.8 mi | $780 | $163,600 | 17.5% |
| Westwood | 12 mi | — | $290,000 | 0.0% |
| St. Paul | 12 mi | — | $140,600 | 2.9% |
| Salem | 12 mi | $922 | $85,700 | 17.3% |
| Mediapolis | 14 mi | $1,040 | $179,700 | 21.7% |
| West Burlington | 14 mi | $800 | $124,000 | 32.1% |
Places in Iowa most like New London
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| St. Ansgar | $912 | $152,500 | $76,458 | 17.9% |
| Jewell Junction | $906 | $148,100 | $81,250 | 16.9% |
| Grand Mound | $763 | $145,200 | $82,143 | 17.1% |
| Zearing | $883 | $158,800 | $74,167 | 16.7% |
| Ellsworth | $875 | $149,000 | $77,500 | 21.6% |
| Earlville | $787 | $161,400 | $76,250 | 20.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Iowa.
HUD Fair Market Rent for New London, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $667 | $732 | $958 | $1,259 | $1,264 |
HUD income limits for New London, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,800 | $32,950 | $52,750 |
| 2 people | $22,600 | $37,650 | $60,250 |
| 3 people | $27,320 | $42,350 | $67,800 |
| 4 people | $33,000 | $47,050 | $75,300 |
| 5 people | $38,680 | $50,850 | $81,350 |
| 6 people | $44,360 | $54,600 | $87,350 |
| 7 people | $50,040 | $58,350 | $93,400 |
| 8 people | $55,720 | $62,150 | $99,400 |
These are the limits HUD sets for its housing programs in the Henry County, IA, where HUD’s median family income for fiscal year 2026 is $86,600.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New London
What is the average rent in New London, IA?
The Census Bureau publishes the median rather than the average: the median gross rent in New London is $849 (±$48) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many renters are there in New London?
New London has an estimated 138 (±67) renting households, 16.6% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in New London?
The median household income in New London is $77,560 (±$22,031) a year (2020–2024 American Community Survey).
What is the average home value in New London, IA?
The Census Bureau publishes the median: $139,600 (±$15,090) for owner-occupied homes in New London (2020–2024 American Community Survey).
What is the average mortgage payment in New London?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in New London, IA is $1,232 (±$90) a month, including taxes, insurance and utilities.
How much are property taxes in New London?
The median real estate tax paid by homeowners in New London, IA is $2,325 (±$283) a year (2020–2024 American Community Survey).
Is New London growing?
In New London, the number of residents went from 2,128 in 2015–2019 to 2,338 in 2020–2024 (+9.9%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — New London city, Iowa
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New London city, Iowa
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New London city, Iowa
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — New London city, Iowa
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — New London city, Iowa
- Total Population (B01003), 2015–2019 ACS 5-year estimates — New London city, Iowa
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New London city, Iowa
- HUD Fair Market Rents, fiscal year 2027: Henry County, IA
- HUD Income Limits, fiscal year 2026: Henry County, IA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New London city, Iowa (place:56325, in state:19).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .