New London, CT is a city located in the southeastern part of Connecticut. It has a population of around 27,000 people and is home to several attractions such as the United States Coast Guard Academy and the historic Fort Trumbull State Park. However, there have been questions about whether New London is a bad place to live.
Crime Rates
One concern that people have about New London is the crime rate. According to NeighborhoodScout.com, New London has a crime rate that is higher than 85% of other cities in the United States. The website also states that residents have a 1 in 26 chance of becoming a victim of either violent or property crime.
However, it’s important to note that crime rates can vary depending on the neighborhood. Some areas of New London may be safer than others, so it’s important to do thorough research before making any decisions about where to live.
Economy
Another concern that people may have about New London is its economy. In recent years, there have been reports of businesses leaving the city or struggling financially. Additionally, some residents have expressed frustration with high taxes and limited job opportunities.
Despite these challenges, there are also positive developments happening in New London’s economy. For example, Electric Boat (a major employer in the area) has announced plans to hire thousands of new workers in the coming years. The city also has several initiatives aimed at promoting small businesses and entrepreneurship.
- Housing
One factor that can make or break someone’s perception of a city is its housing market. According to Zillow.com, the median home value in New London is around $161,000 (as of August 2021). This is slightly lower than the statewide median home value in Connecticut.
Like with any city, there are both affordable and expensive neighborhoods within New London. Some residents may find it difficult to find suitable housing options within their budget, while others may be able to find a great deal.
Conclusion
So, is New London, CT a bad place to live? The answer is not so simple. While the city does have its challenges (such as higher crime rates and economic struggles), it also has plenty of positive aspects (such as its attractions and recent job growth).
Ultimately, whether or not someone would enjoy living in New London depends on their personal preferences and priorities. It’s important to do thorough research and visit the city before making any decisions about where to live.