Skip to main content

New London: Economy & Jobs

Earnings in New London center on a median $60,612 (1.2× below Waupaca County median $72,830; 1.3× below Wisconsin median $77,485), with homes at a median value of $174,800. The surrounding county supports 108,592 jobs (avg $61,834).

Income & Affordability

Median household income $60,612 — below the Wisconsin median ($73,427). Poverty rate 21.0% (U.S. average ~12.5%). 42% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.9×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income16.3%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened42.1%
Affordability · Poverty Rate21.0%
Affordability · Property Tax Pct Income5.0%
Irs Income · IRS tax returns filed$98,170
Irs Income · Total Adjusted Gross Income (thousands)$8,295,846
Irs Income · Average AGI per return$84,505 (vs Wisconsin $74,990)
Irs Income · Year2022
Income Estimate$70,019
Median Household Income$60,612 (vs Wisconsin $73,427)
Poverty Rate21.0%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryManufacturing
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$60,612

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.8% — below the U.S. average of ~4%. 9% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min24.40
Commuter Profile · Work From Home Pct8.6%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)108,592
Employment · Total annual wages (county)$6,714,732,692
Employment · Average annual pay$61,834
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment2,885,990
Unemployment Rate1.8% (vs Wisconsin 2.2%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms111
Agriculture · Land In Farms Acres241,653
Agriculture · Avg Farm Size Acres2,177.10
Agriculture · Top CommoditiesAnimal Totals, Milk, Crop Totals, Grain, Corn
Agriculture · Year2022
Business Patterns · Establishments (employer count)5,261
Business Patterns · Total Employees99,768
Business Patterns · Annual Payroll Thousands5,777,986
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores25
Local Businesses · Liquor Stores8
Local Businesses · Gas Stations77
Local Businesses · Department Stores4
Local Businesses · General Merchandise23
Local Businesses · Clothing Stores19
Local Businesses · Pet Stores5
Local Businesses · Bookstores3

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants166
Dining Scene · Fast Food141
Dining Scene · Bars84
Dining Scene · Coffee Snacks38

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (3)

Wolf River Community Bank
NEW LONDON BRANCH · 1008 N Shawano St · 54961
First State Bank
First State Bank · 220 W Waupaca St · 54961
Associated Bank, National Association
NEW LONDON SAVINGS BRANCH · 101 Park St · 54961

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Walmart 1471
Super Store · 1717 N Shawano St
KWIK TRIP 792
Convenience Store · 1500 Mill St
Kwik Trip 791
Convenience Store · 984 N Shawano St
Dollar General 6639
Other · 801 N Shawano St
Walgreens 11301
Other · 981 N Shawano St
Nearest Snap · NameWalmart 1471
Nearest Snap · Total In Area13

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameNEW LONDON CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$1,243,997,982
Federal Spending · Per Capita6,523.15 (vs Wisconsin $6,238)
Federal Spending · Population190,705 people (vs Wisconsin 25,785)

Sources: USAspending API

Other

Pct Drove Alone75.8%
Pct Public Transit7.4%
Pct Walked8.6%
Retirement Score · Median age36.5 years (vs Wisconsin 38.3y)
Retirement Score · Ss Household Pct32.9%
Retirement Score · Hospitals Nearby2
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12