Minnesota · Census place 46042
New Ulm city, MN
Quick answer
New Ulm city has 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.
- 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
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
Compare with nearby places
Places of similar size in Minnesota.
- Robbinsdale city 14,318
- North Mankato city 14,212
- Fergus Falls city 14,138
- Marshall city 13,880
- Sauk Rapids city 13,851
- Worthington city 13,792
- Rogers city 13,405
Keep going
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