Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.7 yrs |
|---|---|
| Avg HH Size | 2.81 |
| Below Poverty | 3.4% ▼ 66% below avg |
| College Grads | 46.5% ▲ 20% above avg |
| Unemployment | 2.9% ▼ 42% below avg |
| No HS Diploma | 31 (0.4%) |
| HS Graduate | 2,036 (24.8%) |
| Some College | 1,079 (13.1%) |
| Associates | 1,254 (15.2%) |
| Bachelors | 1,075 (13.1%) |
| Graduate Degree | 2,751 (33.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $109,672 ▲ 44% above avg |
|---|---|
| Median Home Value | $373,000 ▲ 34% above avg |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Median Rent | $1,183/mo |
| Total Housing Units | 4,773 |
| Vacant Units | 187 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Prague is a city in Minnesota, located in Le Sueur County. The city spans 1 ZIP code and is home to approximately 13,015 residents. It is a relatively young city, with a median age of 36.7 years.
Economically, New Prague is a upper-middle-income community. The median household income of $109,672 is above the national average. Approximately 3.4% of residents live below the poverty line. The unemployment rate is 2.9%, below the national average.
The real estate market in New Prague is a mid-range housing market. Median home values stand at $373,000, which is above the national average. Renters typically pay around $1,183 per month. Homeownership is high at 84.2%, typical of suburban and family-oriented communities.
The population of New Prague is well-educated. 46.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (94.51%).
New Prague, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56071 | 13,015 | $109,672 | $373,000 | $1,183 | 2.9% | 46.5% | 84.2% |