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Newfolden, MN
Full City Profile · Minnesota · Marshall County County
3.3
/5.0
B
Good
468
Population
459/sq mi density
$69,000
Median Income
$29,203 per capita
$143,800
Home Value
$261,017 Zillow
$883
Median Rent
19.7% income on rent
40°F
Avg Temperature
200 sunny days/yr
252
Violent Crime/100K
3,455 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$69,000 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$143,800 home value, $883/mo rent
F
Safety
1.0 / 5.0
252 violent crimes/100K
C+
Education
3.0 / 5.0
24.6% bachelor's degree or higher
Income Overview
Median Household Income
$69,000
8% below
US avg: $75,149
Per Capita Income
$29,203
25% below
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
6.6%
47% below
US avg: 12.4%
Income Comparison: Newfolden vs. U.S. Average
Each bar shows Newfolden’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$69,000
92%
Per Capita
US: $39,052
$29,203
75%
IRS Avg AGI
US: $72,000
$78,876
110%
Avg Weekly Wage
US: $1,432
$1,089
76%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,089
24% below US avg ($1,432)
Mean Commute Time
22 min
21% below US avg (28 min)
Work From Home
6.9%
55% below US avg (15.2%)
Drive Alone
70.4%
4% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$439M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
70.4%
Public Transit
0%
Work From Home
6.9%
Other
22.7%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
348
Restaurants
22
Healthcare
18
Retail
29
Manufacturing
15
Tax & Financial
IRS Avg Adjusted Gross Income
$78,876
10% above US avg ($72,000)
Avg Property Tax
$3,310
5% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $69,000 |
| Per Capita Income | $29,203 |
| IRS Avg Adjusted Gross Income | $78,876 |
| Avg Weekly Wage | $1,089 |
| County GDP | $439M |
Hardship Indicators
| Unemployment Rate | 1.4% |
| Poverty Rate | 6.6% |
| Gini Coefficient | 0.384 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 70.4% |
| Public Transit | 0.0% |
| Work From Home | 6.9% |
Businesses
| Total Establishments | 348 |
| Restaurants | 22 |
| Healthcare | 18 |
| Retail | 29 |
| Manufacturing | 15 |
Tax
| IRS Avg AGI | $78,876 |
| Avg Property Tax | $3,310 |