All Countries
New Richland, MN
Full City Profile · Minnesota · Freeborn County County
3.5
/5.0
B+
Good
1,068
Population
1,810/sq mi density
$62,841
Median Income
$30,029 per capita
$133,000
Home Value
$252,177 Zillow
$544
Median Rent
30.9% income on rent
45°F
Avg Temperature
260 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$62,841 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$133,000 home value, $544/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.2 / 5.0
15.1% bachelor's degree or higher
Income Overview
Median Household Income
$62,841
16% below
US avg: $75,149
Per Capita Income
$30,029
23% below
US avg: $39,052
Unemployment Rate
1.2%
67% below
US avg: 3.6%
Poverty Rate
1.8%
85% below
US avg: 12.4%
Income Comparison: New Richland vs. U.S. Average
Each bar shows New Richland’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,841
84%
Per Capita
US: $39,052
$30,029
77%
IRS Avg AGI
US: $72,000
$64,740
90%
Avg Weekly Wage
US: $1,432
$1,021
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,021
29% below US avg ($1,432)
Mean Commute Time
26 min
5% below US avg (28 min)
Work From Home
6.4%
58% below US avg (15.2%)
Drive Alone
79.1%
8% above US avg (73.2%)
Public Transit
0.4%
92% below US avg (5.0%)
County GDP
$1,740M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.1%
Public Transit
0.4%
Work From Home
6.4%
Other
14.1%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
832
Restaurants
73
Healthcare
66
Retail
131
Manufacturing
47
Tax & Financial
IRS Avg Adjusted Gross Income
$64,740
10% below US avg ($72,000)
Avg Property Tax
$4,279
22% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,841 |
| Per Capita Income | $30,029 |
| IRS Avg Adjusted Gross Income | $64,740 |
| Avg Weekly Wage | $1,021 |
| County GDP | $1,740M |
Hardship Indicators
| Unemployment Rate | 1.2% |
| Poverty Rate | 1.8% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 79.1% |
| Public Transit | 0.4% |
| Work From Home | 6.4% |
Businesses
| Total Establishments | 832 |
| Restaurants | 73 |
| Healthcare | 66 |
| Retail | 131 |
| Manufacturing | 47 |
Tax
| IRS Avg AGI | $64,740 |
| Avg Property Tax | $4,279 |