HomeIowaHenry CountyNew London
New London, Iowa: commercial real estate data.
New London is a Census city of 2,338 people across 1.08 square miles of land, in Henry County. Median household income is $77,560, 83.4 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $32,300 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New London
What New London is
- Census place typecity
- Land area1.08 sq mi
- Water area0 sq mi
- Population per square mile of land2,156
- County holding the largest share of its areaHenry County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
How many people live in New London
- Population2,338
- Median age35.5 plus or minus 9.7
- Population under 18617
- Share under 1826.4 percent
- Population 65 and over399 plus or minus 88
- Share 65 and over17.1 percent
- Households831
- Family households570
- Share of households that are families68.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
Income and work in New London
- Median household income$77,560 plus or minus $22,031
- Per capita income$29,279
- Civilian labor force1,158
- Employed1,128
- Unemployed30 plus or minus 27
- Unemployment rate2.6 percent plus or minus 2.3
- Adults 25 and over1,501
- Adults 25 and over with a high school diploma or higher96.1 percent
- Adults 25 and over with a bachelor degree or higher22.7 percent plus or minus 7.4
- Adults 25 and over with a graduate degree8.0 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
Housing in New London
- Housing units884
- Occupied units831
- Vacant units53 plus or minus 48
- Vacancy rate6.0 percent plus or minus 5.4
- Owner occupied693
- Renter occupied138 plus or minus 67
- Ownership rate83.4 percent
- Median owner-occupied home value$139,600
- Median gross rent, monthly$849
- Annual rent as a share of median income13.1 percent plus or minus 3.8
- Single family units749
- Share single family84.7 percent plus or minus 17.1
- Units in buildings of two or more94 plus or minus 50
- Share in buildings of two or more10.6 percent plus or minus 5.4
- Mobile homes41 plus or minus 21
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
How New London gets to work
- Workers 16 and over who commute1,092
- Commuting under 15 minutes395 plus or minus 94
- Share commuting under 15 minutes36.2 percent
- Commuting 30 minutes or more206 plus or minus 72
- Share commuting 30 minutes or more18.9 percent plus or minus 5.9
- Drove alone87.8 percent
- Carpooled7.9 percent plus or minus 3.7
- Public transport0.0 percent
- Walked1.3 percent plus or minus 1.2
- Worked from home2.9 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
SBA loans in New London (7(a))
- Approvals2
- Gross approval$32,300
- Average approval$16,150
- Median approval$16,150
- Largest approval$20,300
- Jobs supported2
- Jobs per approval1.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term72 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in New London, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New London
Flood risk in New London
- NFIP communityCity of New London
- NFIP community number190994
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The City of New London participates in the National Flood Insurance Program as community 190994 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Henry County, not New London
Henry County context, not New London figures
- Establishments in Henry County482
- Covered employment, Henry County8,137
- Average annual pay, Henry County$52,431
- Housing units permitted, Henry County36
Every figure in this section is published for Henry County as a whole and is not a measurement of New London.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
New London questions, answered from the record.
How many people live in New London, Iowa?
2,338, in 831 households. New London city covers 1.08 square miles of land, which is 2,156 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New London in?
Henry County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New London?
$77,560. The median owner-occupied home is valued at $139,600. Median gross rent is $849 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New London businesses?
2 7(a) approvals totaling $32,300 since FY2020, across 1 lenders, median approval $16,150. These count approvals to borrowers whose address is in New London, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New London borrowers get paid back?
No rate is published for New London. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is New London in the National Flood Insurance Program?
Yes. New London appears in the FEMA Community Status Book as New London, city of, community 190994, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page New London figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Henry County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New London.
Is zoning published for New London?
No. Nothing on this page presents parcel level zoning.
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