ZIP Code 06320 — New London city, CT Demographics & Data

ZIP code 06320 covers New London, CT in New London County with a population of about 27,275.

At a glance, the area shows median age of 35.1 versus a U.S. median of about 38.9.

It sits in telephone area codes 860, 959; U.S. House district CT-2; the HARTFORD & NEW HAVEN media market.

New London, CT sits in a university / college context (near mitchell college (1.5 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 06320 is about $60,224 — about 20% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 20.9%; unemployment rate near 7.3%; 29.1% of adults with a bachelor’s degree or higher (about 4.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; about 11.1% of workers reporting work-from-home (about 4.1 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $234,800 — about 33% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,102 (about 5% below the U.S. median rent ($1,163)), and owner-occupancy near 40.0% (about 25.4 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 06320 in New London, CT, a household would need roughly $65,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,508. That is roughly in line with the local median household income ($60,224). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for New London city, CT show little to no average snow and around 39.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,505 for ZIP 06320 (New London city, CT) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.