Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

30 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: $1,215

Average Rent as Percentage of Gross Income

Median rent for 2018: $839

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $2,722
--Home Prepared Food $1,534
--Restaurant/Takeaway Food $1,188
Alcoholic Beverages $200
Housing $6,901
--Rent/Mortgage/Upkeep/Taxes $4,035
--Utilities $1,391
--Operations $524
--Supplies $257
--Furnishings $697
Apparel $640
--Men & Boys $143
--Women & Girls $259
--Children < 2 $3
--Footwear $135
Transportation $3,352
--New Vehicles $627
--Used Vehicles $716
--Fuel $724
--Insurance $335
--Public Transit $281
Healthcare $1,707
Entertainment $1,107
--Pets $227
--Toys $54
Personal Care Products $265
Books & Literature $38
Education $483
Tobacco Products $119
Miscellaneous $340
Retirement $648
Non-health Insurance $2,506
Total Expenditures $21,028

Selected Population Data

Period Geography Population
2014 New London city, Minnesota 1,387
2015 New London city, Minnesota 1,317
2016 New London city, Minnesota 1,267
2017 New London city, Minnesota 1,229
2018 New London city, Minnesota 1,202