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CITY · 2020 ACS

New Richland

Minnesota · 1,229 residents · 0.591 sq mi
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The short version

New Richland has notably lower household income than the US average, with a median household income of $41,989. Population has held roughly steady since 2000. 13% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $102,200. Households here earn about 43% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 41.3
US median: 38.8
Less educated
13% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,229
+3%since 2000
from 1,197 in 2000
1990 – 2025
Population density
2,080 / sq mi
+3%since 2000
from 2,025 / sq mi in 2000
US average: 280
Median age
41.3
−1%since 2000
from 41.6 in 2000
US average: 38.8
Population, 1990 – 2024
9671K1K1K1K1990201020202024New Richland
20241K
1990201020202024
Section 02

Income & economy

Median household income
$41,989
−23%inflation adjusted, since 2000
from $36,406 in 2000
US average: $66,278
1990 – 2024
Per capita income
$22,724
+26%since 2000
from $18,106 in 2000
US average: $35,364
Households earning $100K+
24.7%
+3.6 ptssince 2009
from 21.1% in 2009
US average: 43.9%
Poverty rate
14.3%
+9.6 ptssince 2000
from 4.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade21.9%
US avg: 10%
Information12%
US avg: 11.1%
Wholesale trade9%
US avg: 6.7%
Finance & insurance7.4%
US avg: 5.5%
Professional, scientific, technical6.9%
US avg: 4.7%
Agriculture, forestry, fishing5.1%
US avg: 1.7%
Construction5.1%
US avg: 1.2%
Other services3.9%
US avg: 6.6%
Public administration3.9%
US avg: 4.7%
Transportation & warehousing2.8%
US avg: 2.5%
Arts, entertainment, food2.5%
US avg: 2%
Education & health services0.5%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$102,200
+3%inflation adjusted, since 2000
from $66,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$477
+1%inflation adjusted, since 2000
from $315 in 2000
US average: $1,124
Owner-occupied
77.8%
−1.7 ptssince 2000
from 79.5% in 2000
22.2% rent
Afford Score
2.4
+34%since 2000
from 1.8 in 2000
1990 – 2024
RELATED:See current rent listings in New Richland on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.5%(1,179)
Black0%(0)
Hispanic / Latino1.2%(14)
Asian0.1%(1)
Other0%
Diversity Score3.1%(37)
2020
White, non-Hispanic92.5%(1,137)
Black0.5%(6)
Hispanic / Latino4.1%(50)
Asian0%(0)
Other0.2%(2)
Diversity Score11.7%(144)
Diversity Score
12
+277%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
12.7%
−1.6 ptssince 2000
from 14.3% in 2000
US average: 32.9%
High school or higher
95.5%
+18.0 ptssince 2000
from 77.5% in 2000
US average: 88.5%
Graduate degree
3.8%
+0.3 ptssince 2000
from 3.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
28.8 min
+134%since 2000
from 12.3 min in 2000
US average: 26.9
Drive alone to work
82.0%
+5.0 ptssince 2009
from 77.0% in 2009
US average: 75.1%
No vehicle available
10.5%
+6.1 ptssince 2009
from 4.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.4%
−1.4 ptssince 2011
from 5.8% in 2011
US average: 5.4%
Labor force participation
55.4%
−8.3 ptssince 2011
from 63.7% in 2011
US average: 63.4%
Management & professional
25.1%
−34.3 ptssince 2009
from 59.5% in 2009
US average: 39.3%
Section 08

People & community

Male
54.5%
+3.7 ptssince 2009
from 50.8% in 2009
Female
45.5%
−3.7 ptssince 2009
from 49.2% in 2009
Foreign born
2.1%
+1.8 ptssince 2009
from 0.3% in 2009
US average: 13.5%
Uninsured
3.6%
−92.9 ptssince 2013
from 96.5% in 2013
US average: 8.8%
Drill deeper

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Frequently asked

How many people live in New Richland, Minnesota?

New Richland, Minnesota has about 1,229 residents according to the 2020 American Community Survey.

What is the median household income in New Richland, Minnesota?

The typical household in New Richland, Minnesota earns about $41,989 a year. Half of households make more than that, and half make less.

Is New Richland, Minnesota expensive?

In New Richland, Minnesota, the median home is worth about $102,200, and the typical rent is about $477 a month.

How educated are people in New Richland, Minnesota?

About 12.7% of adults age 25 and over in New Richland, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in New Richland, Minnesota?

About 14.3% of people in New Richland, Minnesota live below the federal poverty line.

Has New Richland, Minnesota grown since 1990?

Yes, New Richland, Minnesota has shrunk since 1990. The population has lost about 32 residents, a change of about -3 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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