New Richland, MN
Full City Profile · Minnesota · Freeborn County County
New Richland, MN
At a Glance
How New Richland Compares to the U.S. Average
Each bar shows New Richland's value as a percentage of the national average (100% = U.S. avg)
Is New Richland a Good Place to Live?
Economy & Jobs
New Richland residents earn a median household income of $62,841 , which is 16% below the national average of $75,149. Per capita income is $30,029. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 1.8% of residents live below the poverty line. The area is home to 832 business establishments, including 73 restaurants.
Housing & Cost of Living
The median home value in New Richland is $133,000 , 53% below the national median of $281,900. Zillow estimates the typical home at $266,005. Median rent is $544/month, with 30.9% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1955.
Safety & Crime
New Richland reports 330 violent crimes per 100,000 residents , which is 13% below the national average of 380/100K. Property crime is 1,073/100K.
Education
15.1% of adults in New Richland hold a bachelor's degree or higher (55% below the national average). 95.1% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
New Richland has an average annual temperature of 45°F (7°C). Winters average 13°F in January while summers reach 71°F in July. Annual precipitation totals 37.9 inches.