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New London City, Connecticut Economic Analysis

   (County: New London County)

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Economic Analysis

People and the communities they live in depend on money. The people of New London City, Connecticut need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Connecticut

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.01 9.11 7.55 12.83 0.00 9.16
  Total Electric Industry 10.01 9.11 7.55 12.83 0.00 9.16
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.51 9.49 7.93 13.42 0.00 9.60
  Total Electric Industry 10.51 9.49 7.93 13.42 0.00 9.60
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.07 9.86 8.22 13.92 0.00 10.04
  Total Electric Industry 11.07 9.86 8.22 13.92 0.00 10.04
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.39 10.04 8.29 14.08 0.00 10.26
  Total Electric Industry 11.39 10.04 8.29 14.08 0.00 10.26
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.47 9.99 7.90 14.00 0.00 10.18
  Total Electric Industry 11.47 9.99 7.90 14.00 0.00 10.18
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.95 10.33 7.94 14.38 0.00 10.50
  Total Electric Industry 11.95 10.33 7.94 14.38 0.00 10.50
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 12.05 10.29 7.86 14.35 0.00 10.51
  Total Electric Industry 12.05 10.29 7.86 14.35 0.00 10.51
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 12.13 10.28 7.76 14.52 0.00 10.52
  Total Electric Industry 12.13 10.28 7.76 14.52 0.00 10.52
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.95 10.01 7.70 11.65 0.00 10.30
  Total Electric Industry 11.95 10.01 7.70 11.65 0.00 10.30
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.46 9.69 7.42 10.93 0.00 9.96
  Total Electric Industry 11.46 9.69 7.42 10.93 0.00 9.96
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.86 9.27 7.32 10.06 0.00 9.52
  Total Electric Industry 10.86 9.27 7.32 10.06 0.00 9.52
2001              
  Delivery-Only Service 4.48 4.40 0.00 0.00 0.00 4.48
  Energy-Only Providers 4.97 5.03 0.00 0.00 0.00 4.97
  Full-Service Providers 10.91 9.26 7.62 10.00 0.00 9.62
  Total Electric Industry 10.90 9.26 7.62 10.00 0.00 9.62
2002              
  Delivery-Only Service 5.22 4.54 3.05 12.97 0.00 4.34
  Energy-Only Providers 5.23 4.72 4.10 4.76 0.00 4.73
  Full-Service Providers 10.96 9.32 7.69 10.34 0.00 9.72
  Total Electric Industry 10.96 9.32 7.68 10.35 0.00 9.71
2003              
  Delivery-Only Service 5.19 4.66 3.11 0.00 0.00 4.53
  Energy-Only Providers 5.20 5.05 4.23 0.00 0.00 4.91
  Full-Service Providers 11.34 9.93 8.01 0.00 7.72 10.18
  Total Electric Industry 11.31 9.93 7.99 0.00 7.72 10.16
2004              
  Delivery-Only Service 5.34 4.45 2.82 0.00 0.00 4.42
  Energy-Only Providers 6.22 5.24 4.63 0.00 0.00 5.46
  Full-Service Providers 11.63 9.90 7.90 0.00 7.25 10.27
  Total Electric Industry 11.63 9.90 7.89 0.00 7.25 10.26
2005              
  Delivery-Only Service 6.22 5.02 2.71 0.00 0.00 5.37
  Energy-Only Providers 7.44 6.57 5.46 0.00 0.00 6.87
  Full-Service Providers 13.64 11.52 9.42 0.00 8.78 12.06
  Total Electric Industry 13.64 11.53 9.40 0.00 8.78 12.06
2006              
  Delivery-Only Service 6.28 5.14 3.14 0.00 0.00 5.04
  Energy-Only Providers 10.71 8.95 8.70 0.00 0.00 9.39
  Full-Service Providers 16.85 14.02 11.70 0.00 14.55 14.85
  Total Electric Industry 16.86 14.03 11.71 0.00 14.55 14.83

(updated 2006)



Time Leaving to Work in New London City, Connecticut

12:00 A.M. TO 4:59 A.M.   : 289   (2.5%)
5:00 A.M. TO 5:29 A.M.   : 282   (2.4%)
5:30 A.M. TO 5:59 A.M.   : 394   (3.4%)
6:00 A.M. TO 6:29 A.M.   : 1,070   (9.1%)
6:30 A.M. TO 6:59 A.M.   : 1,004   (8.5%)
7:00 A.M. TO 7:29 A.M.   : 1,269   (10.8%)
7:30 A.M. TO 7:59 A.M.   : 1,616   (13.7%)
8:00 A.M. TO 8:29 A.M.   : 1,266   (10.8%)
8:30 A.M. TO 8:59 A.M.   : 591   (5.0%)
9:00 A.M. TO 9:59 A.M.   : 805   (6.8%)
10:00 A.M. TO 10:59 A.M.   : 415   (3.5%)
11:00 A.M. TO 11:59 A.M.   : 226   (1.9%)
12:00 P.M. TO 3:59 P.M.   : 1,413   (12.0%)
4:00 P.M. TO 11:59 P.M.   : 1,113   (9.5%)


(updated 2010)



Household Size By Vehicles Available
(New London City, Connecticut)

1-person household:

No vehicle available : 1,292

1 vehicle available : 2,530

2 vehicles available : 428

3 vehicles available : 26

4 or more vehicles available : 102

2-person household:

No vehicle available : 393

1 vehicle available : 996

2 vehicles available : 1,683

3 vehicles available : 179

4 or more vehicles available : 94

3-person household:

No vehicle available : 141

1 vehicle available : 550

2 vehicles available : 299

3 vehicles available : 119

4 or more vehicles available : 74

4-or-more-person household:

No vehicle available : 75

1 vehicle available : 563

2 vehicles available : 894

3 vehicles available : 272

4 or more vehicles available : 193


(updated 2013)



Household Size By Number Of Workers In Household
(New London City, Connecticut)

1-person household:

No workers : 1,778

1 worker : 2,600

2-person household:

No workers : 925

1 worker : 1,169

2 workers : 1,251

3-person household:

No workers : 359

1 worker : 383

2 workers : 336

3 workers : 105

4-or-more-person household:

No workers : 274

1 worker : 742

2 workers : 679

3 or more workers : 302


(updated 2013)



Travel Time To Work
(New London City, Connecticut)

Less than 5 minutes : 546

5 to 9 minutes : 2,199

10 to 14 minutes : 2,310

15 to 19 minutes : 1,785

20 to 24 minutes : 1,770

25 to 29 minutes : 739

30 to 34 minutes : 1,215

35 to 39 minutes : 8

40 to 44 minutes : 156

45 to 59 minutes : 376

60 to 89 minutes : 448

90 or more minutes : 166


(updated 2013)



AM Radio Stations Near New London City, Connecticut

  • WCNX (1180 AM; 1.8 kW; Hope Valley, RI; Owner: Judson Group, Inc.)
  • WXNI (1230 AM; 1.0 kW; Pawcatuck, CT; Owner: Wrni Foundation)
  • WICH (1310 AM; 5.0 kW; Norwich, CT; Owner: Wich, Incorporated)
  • WKFD (1370 AM; 5.0 kW; Charlestown, RI; Owner: Astro Tele-communications Corp.)
  • WILI (1400 AM; 1.0 kW; Willimantic, CT; Owner: Nutmeg Broadcasting Company)
  • WLIS (1420 AM; 5.0 kW; Old Saybrook, CT; Owner: Crossroads Communications Of Old Saybrook, Llc)
  • NEW (1490 AM; 1.0 kW; Uncasville, CT; Owner: The Ridgefield Broadcasting Corp.)
  • WSUB (980 AM; 1.0 kW; Groton, CT; Owner: Citadel Broadcasting Company)

FM Radio Stations Near New London City, Connecticut

  • WKNL (100.9 FM; Uncasville, CT; Owner: Hall Communications, Inc.)
  • WMOS (102.3 FM; Pawcatuck, CT; Owner: Citadel Broadcasting Company)
  • WXLM (104.7 FM; Montauk, NY; Owner: Citadel Broadcasting Company)
  • WQGN-FM (105.5 FM; Groton, CT; Owner: Citadel Broadcasting Company)
  • WKIV (88.1 FM; Westerly, RI; Owner: Southern Rhode Island Public Radio Broadcasting Inc.)
  • WKIV (88.1 FM; North Stonington, CT; Owner: Southern Rhode Island Public Radio Broadcasting Inc.)
  • WPKM (88.7 FM; Montauk, NY; Owner: Wpkn, Inc.)
  • WNPR (89.1 FM; Bozrah, CT; Owner: Connecticut Public Broadcasting, Inc.)
  • NEW (89.5 FM; Charlestown, RI; Owner: Academy Of St. Therese)
  • NEW (89.5 FM; Charlestown, RI; Owner: Calvary Chapel Of Southeastern Connecticut)
  • NEW (89.5 FM; Westerly, RI; Owner: Rhode Island Public Radio)
  • WSUF (89.9 FM; Greenport, NY; Owner: Sacred Heart University, Inc.)
  • WECS (90.1 FM; Willimantic, CT; Owner: Eastern Connecticut State College)
  • NEW (90.7 FM; Plainfield, CT; Owner: Calvary Chapel Of Southeastern Connecticut)
  • NEW (90.7 FM; Montauk, NY; Owner: Community Bible Church)
  • NEW (90.7 FM; Sterling, CT; Owner: Franciscan Friars Of The Immmaculate Incorporated)
  • NEW (90.7 FM; Montauk, NY; Owner: Hamptons Community Radio Corporation)
  • NEW (91.1 FM; Bradford, RI; Owner: Colina Alta Ministries, Inc.)
  • WGRS (91.5 FM; Madison, CT; Owner: Monroe Board Of Education)
  • WLNG (92.1 FM; Sag Harbor, NY; Owner: Main Street Broadcasting Co., Inc.)
  • WEHN (96.9 FM; East Hampton, NY; Owner: Aaa Licensing Llc)
  • WCTY (97.7 FM; Uncasville, CT; Owner: Wich, Inc.)
  • WILI-FM (98.3 FM; Willimantic, CT; Owner: Nutmeg Broadcasting Company)
  • WNLC (98.7 FM; Groton, CT; Owner: Hall Communications, Inc.)

TV Broadcast Stations Near New London City, Connecticut

  • WHPX (Channel 26; East Lyme, CT; Owner: Paxson Hartford License, Inc.)
  • WHPX (Channel 26; East Lyme, CT; Owner: Paxson Hartford License, Inc.)
  • WEDN (Channel 53; Bozrah, CT; Owner: Connecticut Public Broadcasting, Inc.)

(updated 2008)



Occupations in New London City, Connecticut

Male:


  • Management, Professional, And Related Occupations: 1,390  (24.6%)
  • Service Occupations: 1,559  (27.6%)
  • Sales And Office Occupations: 1,044  (18.5%)
  • Farming, Fishing, And Forestry Occupations 9  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 743  (13.2%)

Female:


  • Management, Professional, And Related Occupations: 1,769  (30.4%)
  • Service Occupations: 1,639  (28.2%)
  • Sales And Office Occupations: 1,925  (33.1%)
  • Farming, Fishing, And Forestry Occupations 6  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 61  (1.0%)


(updated 2010)





Amtrak Stations in New London City, Connecticut

Rail Station(s)


    27 Water Street
    New London, Connecticut 06320

(updated 2008)



There are 0 Farms In New London City, Connecticut


(updated 2008)



Banks In New London City, Connecticut

Dime Bank - 2 Branches


    Bank Assets: $1.5m
    Industry Specialization: Commercial Lending
    Total Offices: 11

Citizens Bank, National Association - 2 Branches


    Bank Assets: $201.2m
    Industry Specialization: Commercial Lending
    Total Offices: 864

Liberty Bank - 1 Branches


    Bank Assets: $3.6m
    Industry Specialization: Commercial Lending
    Total Offices: 92

Bank Of America, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Chelsea Groton Bank - 1 Branches


    Bank Assets: $934.9k
    Industry Specialization: Mortgage Lending
    Total Offices: 14

(updated 2014)







Airports Near New London City, Connecticut

  • Trumbull


    (about 3.4 miles in Groton, Connecticut; Airport Code: GON)

  • Groton-New London


    (about 3.4 miles in Groton, Connecticut; Airport Code: GON)

  • Elizabeth Field


    (about 7.9 miles in Fishers Island, New York; Airport Code: FID)

  • Newburgh Airport


    (about 12.9 miles in Norwich, Connecticut; Airport Code: NBJ)

  • Westerly State


    (about 15.5 miles in Westerly, Rhode Island; Airport Code: WST)

  • Sky Portal


    (about 21.3 miles in Montauk, New York; Airport Code: MTP)

  • Griswold


    (about 23.8 miles in Clinton, Connecticut; Airport Code: MPE)

  • Windham


    (about 27.4 miles in Mansfield Center, Connecticut; Airport Code: CT3)

  • East Hampton Airport


    (about 28.2 miles in Wainscott, New York; Airport Code: HTO)

  • Block Island State


    (about 30.1 miles in Block Island, Rhode Island; Airport Code: BID)


(updated 2015)



Modes of Transportation in New London City, Connecticut

Car, Truck, Or Van:

 

Drove Alone

66.79%

Carpooled

12.16%

Public Transportation:

 

Bus Or Trolley Bus

2.12%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.11%

Taxicab

0.87%

Motorcycle

0.08%

Bicycle

0.33%

Walked

11.98%

Other Means

1.89%

Worked At Home

3.67%



(updated 2010)





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