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New Ulm, MN
Full City Profile · Minnesota · Nicollet County County
New Ulm, MN
At a Glance
How New Ulm Compares to the U.S. Average
Each bar shows New Ulm's value as a percentage of the national average (100% = U.S. avg)
Is New Ulm a Good Place to Live?
Economy & Jobs
New Ulm residents earn a median household income of $63,984 , which is 15% below the national average of $75,149. Per capita income is $35,113. The unemployment rate stands at 1.6% (56% below the U.S. rate of 3.6%). 5.3% of residents live below the poverty line. The area is home to 849 business establishments, including 55 restaurants.
Housing & Cost of Living
The median home value in New Ulm is $192,700 , 32% below the national median of $281,900. Zillow estimates the typical home at $238,584. Median rent is $974/month, with 26.9% 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 1964.
Safety & Crime
New Ulm reports 61 violent crimes per 100,000 residents , which is 84% below the national average of 380/100K. Property crime is 878/100K. The murder rate is 0.0/100K.
Education
27.2% of adults in New Ulm hold a bachelor's degree or higher (19% below the national average). 92.0% have completed high school. Local schools score 6.9/10 in standardized testing.
Climate & Weather
New Ulm has an average annual temperature of 46°F (8°C). Winters average 15°F in January while summers reach 72°F in July. The area gets 270 sunny days per year. Annual precipitation totals 31.1 inches. Air quality is rated Good with a median AQI of 36.