Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

172 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,613

Average Rent as Percentage of Gross Income

Median rent for 2018: $958

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $43,892
--Home Prepared Food $24,733
--Restaurant/Takeaway Food $19,159
Alcoholic Beverages $3,222
Housing $111,253
--Rent/Mortgage/Upkeep/Taxes $65,054
--Utilities $22,425
--Operations $8,447
--Supplies $4,137
--Furnishings $11,234
Apparel $10,320
--Men & Boys $2,308
--Women & Girls $4,180
--Children < 2 $44
--Footwear $2,177
Transportation $54,037
--New Vehicles $10,102
--Used Vehicles $11,539
--Fuel $11,670
--Insurance $5,399
--Public Transit $4,529
Healthcare $27,519
Entertainment $17,853
--Pets $3,658
--Toys $871
Personal Care Products $4,267
Books & Literature $610
Education $7,794
Tobacco Products $1,916
Miscellaneous $5,486
Retirement $10,450
Non-health Insurance $40,408
Total Expenditures $339,028

Selected Population Data

Period Geography Population
2014 New London city, Connecticut 27,536
2015 New London city, Connecticut 27,423
2016 New London city, Connecticut 27,218
2017 New London city, Connecticut 27,147
2018 New London city, Connecticut 27,032