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New London, Connecticut   Add Favorite    2 Reviews | Review This Place




Find your Best Mortgage in New London: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Central location
-Historic interest
-Attractive setting

Cons

-Harsh winters
-Some urban decay
-Weak job growth


What Bert Has To Say About Norwich-New London Metro Area


New London is located where the broad Thames River empties into the Long Island Sound. Norwich lies about 13 miles upriver. New London has a rich maritime history and is now home to the U.S. Coast Guard Academy. Norwich is an early industrial center, where the first paper and iron nails were made in the mid-1700’s. Both cities remain fairly industrial but have modestly attractive downtown cores with areas of historic buildings. New London is also home to two small colleges.


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Highlights



Quick Facts About New London


    ECONOMY
    The unemployment rate in New London is 8.50 percent(U.S. avg. is 5.20%). Recent job growth is Positive. New London jobs have Increased by 0.60 percent.
    COST OF LIVING
    Compared to the rest of the country, New London's cost of living is 4.80% Higher than the U.S. average.
    POPULATION
    As of 2014, New London's population is 27,179 people. Since 2000, it has had a population growth of -4.77 percent.
    TRANSPORTATION
    Average Commute time is 19 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in New London is $144,700. Home appreciation the last 10 years has been -29.49%.
    SCHOOLS
    New London public schools spend $23,471 per student. The average school expenditure in the U.S. is $12,383. There are about 13.7 students per teacher in New London.

New London Ranked & Rated



New London Housing Market


It's not a good time to buy in New London. Home Appreciation is down -5.9% in the last 12 months. Browse New London Real Estate.
The median home price in New London is $144,700. Browse Homes in this Range.
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Reviews for New London, Connecticut


Unknown
New London

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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Start Your Review of New London, CT


  11/4/2008
new london

all and out its not that bad it just depends where you... (Read More)

 74

 96

  5/2/2007
Great place and often underrated

A very Historic City; no place more than mile from Salt Water; beautiful public beaches; vibrant art, theatre and music scene; brand new Science and Technology Magnet... (Read More)

 98

 108

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