All Countries
New Ulm, MN
Full City Profile · Minnesota · Nicollet County County
3.4
/5.0
B
Good
14,066
Population
1,383/sq mi density
$63,984
Median Income
$35,113 per capita
$192,700
Home Value
$238,584 Zillow
$974
Median Rent
26.9% income on rent
46°F
Avg Temperature
270 sunny days/yr
61
Violent Crime/100K
878 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,984 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$192,700 home value, $974/mo rent
F
Safety
1.0 / 5.0
61 violent crimes/100K
B
Education
3.2 / 5.0
27.2% bachelor's degree or higher
Income Overview
Median Household Income
$63,984
15% below
US avg: $75,149
Per Capita Income
$35,113
10% below
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
5.3%
57% below
US avg: 12.4%
Income Comparison: New Ulm vs. U.S. Average
Each bar shows New Ulm’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$63,984
85%
Per Capita
US: $39,052
$35,113
90%
IRS Avg AGI
US: $72,000
$79,374
110%
Avg Weekly Wage
US: $1,432
$1,081
75%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,081
25% below US avg ($1,432)
Mean Commute Time
13 min
55% below US avg (28 min)
Work From Home
6.5%
57% below US avg (15.2%)
Drive Alone
79.9%
9% above US avg (73.2%)
Public Transit
0.9%
82% below US avg (5.0%)
County GDP
$1,983M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.9%
Public Transit
0.9%
Work From Home
6.5%
Other
12.7%
Average commute time
13 minutes
US avg: 28 min
Business Landscape
Total Establishments
849
Restaurants
55
Healthcare
93
Retail
83
Manufacturing
47
Tax & Financial
IRS Avg Adjusted Gross Income
$79,374
10% above US avg ($72,000)
Avg Property Tax
$4,641
33% 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 | $63,984 |
| Per Capita Income | $35,113 |
| IRS Avg Adjusted Gross Income | $79,374 |
| Avg Weekly Wage | $1,081 |
| County GDP | $1,983M |
Hardship Indicators
| Unemployment Rate | 1.6% |
| Poverty Rate | 5.3% |
| Gini Coefficient | 0.460 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 13 minutes |
| Drive Alone | 79.9% |
| Public Transit | 0.9% |
| Work From Home | 6.5% |
Businesses
| Total Establishments | 849 |
| Restaurants | 55 |
| Healthcare | 93 |
| Retail | 83 |
| Manufacturing | 47 |
Tax
| IRS Avg AGI | $79,374 |
| Avg Property Tax | $4,641 |