Minnesota · Census place 45808
New Prague city, MN
Quick answer
New Prague city has 8,195 residents, ranking #118 of 914 places in Minnesota. Median household income is $98,424, the median home is worth $323,500 and median gross rent runs $1,198 a month.
- Population
- 8,195New Prague city residents
- Median household income
- $98,424Past 12 months, inflation adjusted
- Median home value
- $323,500Owner-occupied units
- Median gross rent
- $1,198Rent plus utilities, monthly
- Median age
- 34.4 yrsAll residents
- Homeownership rate
- 77.4%Owner-occupied households
What the numbers mean in New Prague city
Housing cost measured against local earnings.
A household earning the New Prague city median would spend about 14.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.1% of residents and 77.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Waite Park city 8,341
- St. Francis city 8,279
- Orono city 8,205
- Mahtomedi city 8,108
- Albertville city 8,066
- Wyoming city 8,063
- Shorewood city 7,679
Keep going
More Minnesota coverage.