Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.4 yrs |
|---|---|
| Avg HH Size | 2.26 |
| Below Poverty | 7.3% ▼ 28% below avg |
| College Grads | 40.0% ≈ Avg |
| Unemployment | 2.4% ▼ 50% below avg |
| No HS Diploma | 85 (0.8%) |
| HS Graduate | 3,996 (35.7%) |
| Some College | 1,045 (9.3%) |
| Associates | 1,577 (14.1%) |
| Bachelors | 1,362 (12.2%) |
| Graduate Degree | 3,115 (27.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,698 ▼ 9% below avg |
|---|---|
| Median Home Value | $207,600 ▼ 26% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $978/mo |
| Total Housing Units | 7,629 |
| Vacant Units | 401 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Ulm is a city in Minnesota, located in Brown County. The city spans 1 ZIP code and is home to approximately 17,325 residents. It is a middle-aged city, with a median age of 41.4 years.
Economically, New Ulm is a solidly middle-class community. The median household income of $69,698 is near the national average. Approximately 7.3% of residents live below the poverty line. The unemployment rate is 2.4%, well below the national average.
The real estate market in New Ulm is an affordable housing market. Median home values stand at $207,600, which is below the national average. Renters typically pay around $978 per month. Homeownership is high at 77.8%, typical of suburban and family-oriented communities.
The population of New Ulm is well-educated. 40.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.63%).
New Ulm, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56073 | 17,325 | $69,698 | $207,600 | $978 | 2.4% | 40.0% | 77.8% |