HomeMinnesotaKandiyohi CountyNew London
New London, Minnesota: commercial real estate data.
New London is a Census city of 1,187 people across 1.29 square miles of land, in Kandiyohi County. Median household income is $68,421, 71.8 percent of occupied homes are owned, and the SBA record carries 21 7(a) approvals to borrowers here worth $9.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New London
What New London is
- Census place typecity
- Land area1.29 sq mi
- Water area0.06 sq mi
- Population per square mile of land918
- County holding the largest share of its areaKandiyohi 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
- Population1,187
- Median age39.1
- Population under 18278 plus or minus 61
- Share under 1823.4 percent
- Population 65 and over285 plus or minus 71
- Share 65 and over24.0 percent plus or minus 4.8
- Households500
- Family households303 plus or minus 61
- Share of households that are families60.6 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$68,421
- Per capita income$36,779
- Civilian labor force597
- Employed596
- Unemployed1 plus or minus 2
- Unemployment rate0.2 percent plus or minus 0.3
- Adults 25 and over796
- Adults 25 and over with a high school diploma or higher93.1 percent
- Adults 25 and over with a bachelor degree or higher39.3 percent plus or minus 8.5
- Adults 25 and over with a graduate degree11.7 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
Housing in New London
- Housing units566
- Occupied units500
- Vacant units66 plus or minus 43
- Vacancy rate11.7 percent plus or minus 7.4
- Owner occupied359
- Renter occupied141 plus or minus 47
- Ownership rate71.8 percent
- Median owner-occupied home value$218,800
- Median gross rent, monthly$946
- Annual rent as a share of median income16.6 percent
- Single family units416
- Share single family73.5 percent
- Units in buildings of two or more145 plus or minus 64
- Share in buildings of two or more25.6 percent plus or minus 10.6
- Mobile homes5 plus or minus 7
- Median year structure built1980
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 commute542 plus or minus 109
- Commuting under 15 minutes209 plus or minus 62
- Share commuting under 15 minutes38.6 percent plus or minus 8.4
- Commuting 30 minutes or more89 plus or minus 32
- Share commuting 30 minutes or more16.4 percent plus or minus 4.9
- Drove alone78.7 percent
- Carpooled6.4 percent plus or minus 4.4
- Public transport0.8 percent plus or minus 1.3
- Walked5.0 percent plus or minus 3.8
- Worked from home9.1 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
SBA loans in New London (7(a))
- Approvals21
- Gross approval$9,345,500
- Average approval$445,024
- Median approval$176,000
- Ninetieth percentile approval$568,000
- Largest approval$4,408,000
- Jobs supported178
- Jobs per approval8.5
- Loans with a final outcome9
- Paid in full9
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more9.5 percent
- Share to franchises9.5 percent
- Distinct lenders6
- Distinct industries by NAICS16
Counted by borrower city: approvals to borrowers whose address is in New London, in any county, FY2020 to FY2026. Only 9 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
SBA loans in New London (504)
- Approvals3
- Gross approval$2,165,000
- Average approval$721,667
- Median approval$571,000
- Largest approval$1,407,000
- Jobs supported40
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in New London, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
New London
Flood risk in New London
- NFIP communityCity of New London
- NFIP community number270220
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/30/15(M)
The City of New London participates in the National Flood Insurance Program as community 270220 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.
Kandiyohi County, not New London
Kandiyohi County context, not New London figures
- Establishments in Kandiyohi County1,416
- Covered employment, Kandiyohi County23,173
- Average annual pay, Kandiyohi County$51,980
- Housing units permitted, Kandiyohi County194
Every figure in this section is published for Kandiyohi County as a whole and is not a measurement of New London.
All Kandiyohi County figures →
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, Minnesota?
1,187, in 500 households. New London city covers 1.29 square miles of land, which is 918 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?
Kandiyohi 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?
$68,421. The median owner-occupied home is valued at $218,800. Median gross rent is $946 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?
21 7(a) approvals totaling $9.3 m since FY2020, across 6 lenders, median approval $176,000, plus 3 504 approvals worth $2.2 m since FY2010. 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 9 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 270220, 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 Kandiyohi 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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