2025 Compare Cities Economy:
Spicer, MN vs New London, MN

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Highlights
- Household income in New London, is 4% less than it is in Spicer and is 11% below the National Average.
- Spicer unemployment rate is 4.9%.
- New London unemployment rate is 4.9%.
 Spicer, MNNew London, MNUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock2.0%1.6%
 Future Job Growth37.1%  Unlock33.5%
 Sales Taxes6.9%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$41,492  Unlock$37,638
 Household Income  Unlock$62,269$69,021
 Family Median Income$110,313  Unlock$85,028
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 Est. Households By Income
 Spicer, MNNew London, MNUnited States
 Income Less Than 15K  Unlock6.7%9.4%
 Income between 15K and 20K5.2%  Unlock3.8%
 Income between 20K and 30K  Unlock10.3%8.1%
 Income between 30K and 40K7.5%  Unlock8.0%
 Income between 40K and 50K  Unlock5.1%7.6%
 Income between 50K and 60K4.3%  Unlock7.2%
 Income between 60K and 75K  Unlock12.7%9.6%
 Income between 75K and 100K8.4%  Unlock12.8%
 Income between 100K and 150K  Unlock20.0%16.3%
 Income between 150K and 200K13.1%  Unlock7.8%
 Income greater than 200K  Unlock2.6%9.5%
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 Population By Occupation
 Spicer, MNNew London, MNUnited States
 Management, business, finance17.3%  Unlock16.4%
 Engineering, computers, science  Unlock2.3%6.5%
 Community, social services5.0%  Unlock1.8%
 Legal  Unlock1.8%1.2%
 Education, library4.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology8.7%  Unlock6.2%
 Healthcare support  Unlock9.0%3.3%
 Firefighters, law enforcement1.2%  Unlock2.1%
 Food preparation, serving  Unlock8.3%5.4%
 Building maintenance1.1%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support17.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.2%0.6%
 Construction, extraction, maintenance/repair6.0%  Unlock8.1%
 Production, transportation, material moving  Unlock11.6%13.1%
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