HomeOhioHuron CountyNew London village
New London village, Ohio: commercial real estate data.
New London village is a Census village of 2,675 people across 2.21 square miles of land, in Huron County. Median household income is $50,114, 67.9 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $524,300.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
New London
What New London is
- Census place typevillage
- Land area2.21 sq mi
- Water area0.33 sq mi
- Population per square mile of land1,213
- County holding the largest share of its areaHuron 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
- Population2,675
- Median age37.2
- Population under 18754 plus or minus 193
- Share under 1828.2 percent plus or minus 7.0
- Population 65 and over428 plus or minus 117
- Share 65 and over16.0 percent plus or minus 4.3
- Households1,049
- Family households674
- Share of households that are families64.3 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$50,114 plus or minus $11,073
- Per capita income$26,115
- Civilian labor force1,198
- Employed1,100
- Unemployed98 plus or minus 108
- Unemployment rate8.2 percent plus or minus 8.9
- Adults 25 and over1,689
- Adults 25 and over with a high school diploma or higher85.4 percent
- Adults 25 and over with a bachelor degree or higher9.9 percent plus or minus 4.5
- Adults 25 and over with a graduate degree4.7 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
Housing in New London
- Housing units1,184
- Occupied units1,049
- Vacant units135 plus or minus 89
- Vacancy rate11.4 percent plus or minus 7.4
- Owner occupied712
- Renter occupied337 plus or minus 92
- Ownership rate67.9 percent
- Median owner-occupied home value$114,200 plus or minus $23,975
- Median gross rent, monthly$805
- Annual rent as a share of median income19.3 percent plus or minus 4.5
- Single family units735
- Share single family62.1 percent
- Units in buildings of two or more316 plus or minus 119
- Share in buildings of two or more26.7 percent plus or minus 9.6
- Mobile homes133 plus or minus 48
- Median year structure built1942
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 commute1,040
- Commuting under 15 minutes289 plus or minus 112
- Share commuting under 15 minutes27.8 percent plus or minus 10.2
- Commuting 30 minutes or more358 plus or minus 97
- Share commuting 30 minutes or more34.4 percent plus or minus 8.2
- Drove alone75.4 percent
- Carpooled11.6 percent plus or minus 5.3
- Public transport0.0 percent
- Walked4.3 percent plus or minus 3.5
- Worked from home2.1 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New London
SBA loans in New London (7(a))
- Approvals3
- Gross approval$524,300
- Average approval$174,767
- Median approval$144,300
- Ninetieth percentile approval$300,000
- Largest approval$300,000
- Jobs supported14
- Jobs per approval4.7
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises33.3 percent
- Distinct lenders2
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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)
- Approvals1
- Gross approval$848,000
- Average approval$848,000
- Median approval$848,000
- Largest approval$848,000
- Jobs supported28
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
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
- Listed NFIP communities1
- Of those, participating1
- NFIP community number390284
- Currently effective map date01/19/11(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Huron County, not New London
Huron County context, not New London figures
These are Huron County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New London measurements.
- Establishments in Huron County1,105
- Employment at those establishments, Huron County20,323
- Covered employment, Huron County21,414
- Average annual pay, Huron County$53,225
- Average weekly wage, Huron County$1,024
- Housing units permitted, Huron County46
- Of those, single family, Huron County44
- County product, 2024, Huron County$2,991,424,000
- County product change over the prior year, Huron County0.4 percent
- Average income of an arriving household, Huron County$45,327
Every figure in this section is published for Huron County as a whole and is not a measurement of New London. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
New London questions, answered from the record.
How many people live in New London, Ohio?
2,675, in 1,049 households. New London village covers 2.21 square miles of land, which is 1,213 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?
Huron 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?
$50,114. The median owner-occupied home is valued at $114,200. Median gross rent is $805 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?
3 7(a) approvals totalling $524,300, across 2 lenders, median approval $144,300, plus 1 504 approvals worth $848,000. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. 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 community 390284, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Huron 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.