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New London city, CT
ZIP 06320 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in New London city, CT (06320)
Median Income
$60,224
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,505
Wealth inflow
Population
27,275
Unemployment
7.3%
3.6pp above US avg
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.
Historical Trends in 06320 (2020–Present)
Since 2020, population grew 0.9%, median income rose 7.7% (inflation-adjusted), home values increased 6.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,224 |
| Unemployment | 7.3% |
| Establishments | 637 |
| Employees | 8,970 |