HomeNorth CarolinaStanly CountyNew London
New London, North Carolina: commercial real estate data.
New London is a Census town of 608 people across 1.98 square miles of land, in Stanly County. Median household income is $61,875, 70.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $774,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New London
What New London is
- Census place typetown
- Land area1.98 sq mi
- Water area0 sq mi
- Population per square mile of land308 plus or minus 102
- County holding the largest share of its areaStanly 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
- Population608 plus or minus 202
- Median age32.0 plus or minus 8.7
- Population under 18132 plus or minus 56
- Share under 1821.7 percent plus or minus 5.8
- Population 65 and over71 plus or minus 36
- Share 65 and over11.7 percent plus or minus 4.5
- Households210 plus or minus 74
- Family households123 plus or minus 49
- Share of households that are families58.6 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$61,875 plus or minus $16,209
- Per capita income$35,154 plus or minus $8,276
- Civilian labor force319 plus or minus 109
- Employed312 plus or minus 108
- Unemployed7 plus or minus 8
- Unemployment rate2.2 percent plus or minus 2.4
- Adults 25 and over389 plus or minus 120
- Adults 25 and over with a high school diploma or higher98.2 percent plus or minus 39.6
- Adults 25 and over with a bachelor degree or higher33.2 percent plus or minus 12.5
- Adults 25 and over with a graduate degree14.9 percent plus or minus 12.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
Housing in New London
- Housing units246 plus or minus 98
- Occupied units210 plus or minus 74
- Vacant units36 plus or minus 48
- Vacancy rate14.6 percent plus or minus 18.6
- Owner occupied148 plus or minus 50
- Renter occupied62 plus or minus 46
- Ownership rate70.5 percent plus or minus 34.4
- Median owner-occupied home value$296,200
- Median gross rent, monthly$1,234 plus or minus $681
- Annual rent as a share of median income23.9 percent plus or minus 14.6
- Single family units217 plus or minus 90
- Share single family88.2 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes29 plus or minus 26
- Median year structure built1971
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 commute264 plus or minus 89
- Commuting under 15 minutes115 plus or minus 57
- Share commuting under 15 minutes43.6 percent plus or minus 15.7
- Commuting 30 minutes or more92 plus or minus 42
- Share commuting 30 minutes or more34.8 percent plus or minus 10.8
- Drove alone77.9 percent
- Carpooled10.7 percent plus or minus 9.0
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home11.4 percent plus or minus 9.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
SBA loans in New London (7(a))
- Approvals1
- Gross approval$774,000
- Average approval$774,000
- Median approval$774,000
- Largest approval$774,000
- Jobs supported17
- Jobs per approval17.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term168 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 0 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 communityTown of New London
- NFIP community number370512
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The Town of New London participates in the National Flood Insurance Program as community 370512 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.
Stanly County, not New London
Stanly County context, not New London figures
- Establishments in Stanly County1,459
- Covered employment, Stanly County23,093
- Average annual pay, Stanly County$44,697
- Housing units permitted, Stanly County367
Every figure in this section is published for Stanly 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, North Carolina?
608, in 210 households. New London town covers 1.98 square miles of land, which is 308 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?
Stanly 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?
$61,875. The median owner-occupied home is valued at $296,200. Median gross rent is $1,234 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?
1 7(a) approvals totaling $774,000 since FY2020, across 1 lenders, median approval $774,000. 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 0 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, town of, community 370512, 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 Stanly 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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