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CITY · 2020 ACS

New Ulm

Minnesota · 14,120 residents · 10.166 sq mi
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The short version

New Ulm has lower-than-average household income, with a median household income of $58,839. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $145,600.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 41.0
US median: 38.8
Less educated
27% 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
14,120
+4%since 2000
from 13,594 in 2000
1990 – 2025
Population density
1,389 / sq mi
+4%since 2000
from 1,337 / sq mi in 2000
US average: 280
Median age
41.0
+8%since 2000
from 37.8 in 2000
US average: 38.8
Population, 1990 – 2024
13K13K14K14K14K1990201020202024New Ulm
202414K
1990201020202024
Section 02

Income & economy

Median household income
$58,839
−2%inflation adjusted, since 2000
from $40,044 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,766
+51%since 2000
from $20,308 in 2000
US average: $35,364
Households earning $100K+
38.1%
+14.2 ptssince 2009
from 23.9% in 2009
US average: 43.9%
Poverty rate
7.2%
+0.9 ptssince 2000
from 6.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade20.4%
US avg: 10%
Information12.2%
US avg: 11.1%
Finance & insurance3.8%
US avg: 5.5%
Professional, scientific, technical3.5%
US avg: 4.7%
Wholesale trade3.2%
US avg: 6.7%
Other services2.6%
US avg: 6.6%
Arts, entertainment, food2.6%
US avg: 2%
Transportation & warehousing2%
US avg: 2.5%
Agriculture, forestry, fishing1.7%
US avg: 1.7%
Construction1.6%
US avg: 1.2%
Public administration1.5%
US avg: 4.7%
Education & health services0.3%
US avg: 0.8%
Manufacturing0.1%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$145,600
+12%inflation adjusted, since 2000
from $86,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$774
+26%inflation adjusted, since 2000
from $408 in 2000
US average: $1,124
Owner-occupied
73.2%
−3.9 ptssince 2000
from 77.1% in 2000
26.8% rent
Afford Score
2.5
+14%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in New Ulm on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.5%(13,253)
Black0.1%(13)
Hispanic / Latino1.3%(171)
Asian0.4%(61)
Other0%
Diversity Score4.5%(608)
2020
White, non-Hispanic93%(13,136)
Black0.6%(91)
Hispanic / Latino3.3%(470)
Asian0.6%(83)
Other1.1%(161)
Diversity Score13.9%(1,957)
Diversity Score
14
+210%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.9%
+5.5 ptssince 2000
from 21.4% in 2000
US average: 32.9%
High school or higher
93.0%
+9.7 ptssince 2000
from 83.3% in 2000
US average: 88.5%
Graduate degree
8.8%
+1.5 ptssince 2000
from 7.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
13.0 min
+29%since 2000
from 10.1 min in 2000
US average: 26.9
Drive alone to work
80.1%
+2.0 ptssince 2009
from 78.1% in 2009
US average: 75.1%
No vehicle available
3.9%
−2.3 ptssince 2009
from 6.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.6%
−1.9 ptssince 2011
from 4.5% in 2011
US average: 5.4%
Labor force participation
69.1%
−1.0 ptssince 2011
from 70.2% in 2011
US average: 63.4%
Management & professional
31.5%
−26.3 ptssince 2009
from 57.8% in 2009
US average: 39.3%
Section 08

People & community

Male
48.8%
−2.2 ptssince 2009
from 51.0% in 2009
Female
51.2%
+2.2 ptssince 2009
from 49.0% in 2009
Foreign born
2.9%
+1.4 ptssince 2009
from 1.5% in 2009
US average: 13.5%
Uninsured
3.6%
−92.3 ptssince 2013
from 95.9% in 2013
US average: 8.8%
Drill deeper

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Compare New Ulm to nearby cities

NEW ULM VS
North Mankato
Income$80,791+37%
Home value$262,100+80%
Population14,165+2%
SEE FULL COMPARISON →
NEW ULM VS
St. Peter
Income$65,122+11%
Home value$250,700+72%
Population12,275−11%
SEE FULL COMPARISON →
NEW ULM VS
Mankato
Income$66,873+14%
Home value$261,700+80%
Population46,529+236%
SEE FULL COMPARISON →
NEW ULM VS
Hutchinson
Income$72,836+24%
Home value$229,600+58%
Population14,655+6%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Ulm, Minnesota?

New Ulm, Minnesota has about 14,120 residents according to the 2020 American Community Survey.

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

The typical household in New Ulm, Minnesota earns about $58,839 a year. Half of households make more than that, and half make less.

Is New Ulm, Minnesota expensive?

In New Ulm, Minnesota, the median home is worth about $145,600, and the typical rent is about $774 a month.

How educated are people in New Ulm, Minnesota?

About 26.9% of adults age 25 and over in New Ulm, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in New Ulm, Minnesota?

About 7.2% of people in New Ulm, Minnesota live below the federal poverty line.

Has New Ulm, Minnesota grown since 1990?

Yes, New Ulm, Minnesota has grown since 1990. The population has added about 988 residents, a change of about 8 percent over that period.

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

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