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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

Top Industries in New Ulm (10)

County-level employment data (BLS QCEW). Sorted by employment.

Manufacturing
3,228 jobs 58 firms $59,347/yr
Retail Trade
1,232 jobs 73 firms $36,188/yr
Accommodation & Food Services
911 jobs 60 firms $18,409/yr
Other Services
397 jobs 66 firms $46,292/yr
Construction
349 jobs 86 firms $63,950/yr
Information & Technology
341 jobs 13 firms $94,167/yr
Finance & Insurance
248 jobs 39 firms $77,564/yr
Agriculture & Forestry
238 jobs 36 firms $49,450/yr
Arts & Entertainment
99 jobs 12 firms $25,356/yr
Real Estate
16 jobs 22 firms $50,862/yr

Industry Specialization (Location Quotient)

LQ > 1.0 means the industry is more concentrated here than the national average.

Manufacturing
2.69
Agriculture & Forestry
2.01
Information & Technology
1.25
Other Services
0.90
Retail Trade
0.84
Accommodation & Food Services
0.69
Construction
0.46
Finance & Insurance
0.42
Arts & Entertainment
0.40
Real Estate
0.07
Thin line = national average (1.0)

Complete Industry Data

Industry Employment Establishments Avg Weekly Wage Avg Annual Pay LQ
Manufacturing 3,228 58 $1,141 $59,347 2.69
Retail Trade 1,232 73 $696 $36,188 0.84
Accommodation & Food Services 911 60 $354 $18,409 0.69
Other Services 397 66 $890 $46,292 0.90
Construction 349 86 $1,230 $63,950 0.46
Information & Technology 341 13 $1,811 $94,167 1.25
Finance & Insurance 248 39 $1,492 $77,564 0.42
Agriculture & Forestry 238 36 $951 $49,450 2.01
Arts & Entertainment 99 12 $488 $25,356 0.40
Real Estate 16 22 $978 $50,862 0.07