What is the population of New Ulm city?

New Ulm city has 14,066 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #80 of 914 in Minnesota.

What is the median household income in New Ulm city?

Median household income in New Ulm city is $63,984 a year, 18.5% below the national figure of $78,538.

How much does it cost to rent or buy in New Ulm city?

Median gross rent is $974 a month and the median home value is $192,700, so rent absorbs about 18.3% of median household income.

Is New Ulm city affordable compared with the rest of the US?

Homes cost about 3× the local median income here versus roughly 3.9× nationally, so New Ulm city is more affordable to buy in than the typical US market, and rent takes 18.3% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Minnesota · Census place 46042

New Ulm, MN population, income and ZIP codes

Quick answer

The population of the city of New Ulm, Minnesota (New Ulm, MN — Census place “New Ulm city”) is 14,066 residents, ranking #80 of 914 places in Minnesota. Median household income is $63,984, the median home is worth $192,700 and median gross rent runs $974 a month. Looking for the New Ulm Minnesota ZIP code list? 1 ZIP codes serve New Ulm, MN: 56073.

Population: 14,066New Ulm city residents
Median household income: $63,984Past 12 months, inflation adjusted
Median home value: $192,700Owner-occupied units
Median gross rent: $974Rent plus utilities, monthly
Median age: 40.3 yrsAll residents
Homeownership rate: 74.6%Owner-occupied households

New Ulm ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps New Ulm.

The New Ulm MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

56073

What the numbers mean in New Ulm city

Housing cost measured against local earnings.

A household earning the New Ulm city median would spend about 18.3% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.7% of residents and 74.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

New Ulm city, MN in context

How this area compares with national benchmarks.

New Ulm city is a mid-size town in Minnesota, with 14,066 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #80 of 914 ranked by population — larger than 91% of them. The median age here is 40.3 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in New Ulm city earn a median of $63,984 a year, 18.5% below the national figure of $78,538 and 15% below the $75,469 median for the 361 Minnesota cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 8.7% of residents here, below the 12.4% national rate.

The typical owner-occupied home in New Ulm city is valued at $192,700, 36.5% below the national figure and 20% below the $240,400 peer median, while median gross rent runs $974 a month, 30.7% below the national figure, or roughly $11,688 across a full year. A household on the local median income would put about 18.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 74.6% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

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Frequently asked questions

Common questions about this area.

What is the population of New Ulm city?: New Ulm city has 14,066 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #80 of 914 in Minnesota.
What is the median household income in New Ulm city?: Median household income in New Ulm city is $63,984 a year, 18.5% below the national figure of $78,538.
How much does it cost to rent or buy in New Ulm city?: Median gross rent is $974 a month and the median home value is $192,700, so rent absorbs about 18.3% of median household income.
Is New Ulm city affordable compared with the rest of the US?: Homes cost about 3× the local median income here versus roughly 3.9× nationally, so New Ulm city is more affordable to buy in than the typical US market, and rent takes 18.3% of median income against the 30% cost-burden line.
How current is this New Ulm city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.