Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.3 yrs |
|---|---|
| Avg HH Size | 2.76 |
| Below Poverty | 0.4% ▼ 96% below avg |
| College Grads | 26.7% ▼ 31% below avg |
| Unemployment | 0.7% ▼ 85% below avg |
| No HS Diploma | 1 (0.6%) |
| HS Graduate | 77 (43.8%) |
| Some College | 31 (17.6%) |
| Associates | 20 (11.4%) |
| Bachelors | 19 (10.8%) |
| Graduate Degree | 28 (15.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,750 ▲ 16% above avg |
|---|---|
| Median Home Value | $160,200 ▼ 43% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Total Housing Units | 88 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Munich is a city in Minnesota, located in Stearns County. The city spans 1 ZIP code and is home to approximately 264 residents. It is a relatively young city, with a median age of 36.3 years.
Economically, New Munich is a middle-income community. The median household income of $88,750 is above the national average. Approximately 0.4% of residents live below the poverty line. The unemployment rate is 0.7%, well below the national average.
The real estate market in New Munich is an affordable housing market. Median home values stand at $160,200, which is below the national average. Homeownership is high at 96.6%, typical of suburban and family-oriented communities.
The population of New Munich is moderately educated. 26.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (98.48%).
New Munich, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56356 | 264 | $88,750 | $160,200 | — | 0.7% | 26.7% | 96.6% |