New Richland, MN demographics:
population, income, and more

Total population
1,184
10.9% year-over-year change
Median household income
$67,000/yr
6.6% year-over-year change
Housing units
494
9.1% year-over-year change

New Richland population

How many people live in New Richland

New Richland is home to 1,184 residents, according to the most recent Census data. Gender-wise, 50.2% of New Richland locals are male, and 49.8% are female.

Total population
1,184
10.9% year-over-year change
Gender ratio
Male
50.2%
595
Female
49.8%
589
Value Percent YoY change
Male 595 50.2% 12.7%
Female 589 49.8% 9.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in New Richland is 39, with the population distributed as follows: about 18.2% are children under 15, then 18.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 20.4% of the population, while another 16.2% fall into the 45 to 64 bracket. Finally, around 26.9% are 65 or older.

Median age
38.9
Age breakdown
Under 15
18.2%
15 to 24
18.2%
25 to 44
20.4%
45 to 64
16.2%
Over 65
26.9%
Value Percent YoY change
Under 15 216 18.2% -1.4%
15 to 24 216 18.2% 61.2%
25 to 44 241 20.4% 7.6%
45 to 64 192 16.2% 2.7%
Over 65 319 26.9% 4.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

At the same time, 0.6% of residents are non-citizens. There’s also a share of 1.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.4%
Non-U.S.-born citizens
0%
Non-citizens
0.6%
Value Percent YoY change
U.S.-born citizens 1,177 99.4% 10.8%
Non-citizens 7 0.6% 133.3%
Racial breakdown
White
97.5%
Black or African American
0.4%
American Indian and Alaska Native
0.7%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.1%
Other
0.3%
Value Percent
White 1,154 97.5%
Black or African American 5 0.4%
American Indian and Alaska Native 8 0.7%
Two or more races 13 1.1%
Other 4 0.3%

Households in New Richland

A peek inside New Richland households

New Richland has 460 households, with an average of 2 members in each. Of these, 67.2% are families, while the remaining 32.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
460
10.1% year-over-year change
Average people per household
2
Non-family households
151
Family households
309
Value Percent YoY change
Non-family households 151 32.8% 3.4%
Family households 309 67.2% 13.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in New Richland

The housing landscape of New Richland

New Richland's housing consists of 494 units, with 86.6% being detached single-family homes ideal for those wanting space.

Housing units
494
9.1% year-over-year change
Housing types
Value Percent
1 unit, detached 428 86.6%
3 or 4 units 3 0.6%
5 to 9 units 9 1.8%
10 to 19 units 26 5.3%
20 to 49 units 17 3.4%
50 or more units 11 2.2%
Homes built since 2020
4
% year-over-year change

The age of buildings in New Richland

In New Richland, the median construction year is 1950. About 35.6% of homes were built before the 1940s, with another 14.4% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 176 35.6% 4.8%
Built between 1940 and 1949 71 14.4% 57.8%
Built between 1950 and 1959 30 6.1% 3.5%
Built between 1960 and 1969 62 12.6% 0.0%
Built between 1970 and 1979 79 16% 5.3%
Built between 1980 and 1989 14 2.8% -46.1%
Built between 1990 and 1999 15 3% -25.0%
Built between 2000 and 2009 43 8.7% 53.6%
Built in 2020 or later 4 0.8% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

New Richland occupancy rates

Out of the 460 occupied housing units in New Richland, 86.1% are owner-occupied, while 13.9% are lived in by tenants. Meanwhile, 6.9% of all homes on the local market sit vacant.

Occupied housing units
460
10.1% year-over-year change
Occupancy breakdown
Renter occupied
64
Owner occupied
396
Value Percent YoY
change
Renter occupied 64 13.9% 12.3%
Owner occupied 396 86.1% 9.7%
Unoccupied housing units
6.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

New Richland housing costs

Housing costs in New Richland come to a median of $804 per month, while tenants specifically pay a median gross rent of $585.

Median housing costs per month
$804/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in New Richland
$585/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in New Richland

New Richland education at a glance

About 41.7% of the population in New Richland went to high school, while 24.2% pursued college studies. Another 15% earned an associate degree and 13.4% hold a bachelor’s. Meanwhile, 3.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 21 2.3% 10.5%
High school diploma 388 41.7% 7.8%
College diploma 225 24.2% 7.1%
Associate degree 140 15% 20.7%
Bachelor's degree 125 13.4% 56.2%
Graduate degree 31 3.3% 10.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in New Richland

How much people earn in New Richland

The average annual household income in New Richland was $81,406 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +10% change from the previous year. At the same time, the median income stood at $67,000, reflecting a +6.6% shift over the same period.

Average household income in New Richland
$81,406/year
10.0% year-over-year change
Median household income in New Richland
$67,000/year
6.6% year-over-year change

New Richland income by age

In New Richland, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $98,929. Those with someone between 45 and 64 in charge, often well established professionally, earn $92,188 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $47,163, while those led by someone over 65, many of whom may be retired, have about $45,800 in earnings. Overall, 93.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $47,163 -0.2%
25 - 44 $98,929 7.9%
45 - 64 $92,188 55.8%
Over 65 $45,800 3.1%
Above poverty level
1,021
Below poverty level
76
Value Percent YoY
change
Above poverty level 1,021 93.1% 11.0%
Below poverty level 76 6.9% 35.7%

Average renter income in New Richland

To get a better sense of what renters earn on average in New Richland, their median household income was $32,625 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 21.5%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$32,625
Rent-to-income ratio
21.5%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in New Richland

Workforce and job types in New Richland

The job market in New Richland is powered by 593 working residents, spread across a range of industries and roles. 56.2% of the working population are employed in professional or administrative positions, while 43.8% are in hands-on or service-based jobs. Also, 13.8% run their own businesses, 67% are employed by private companies, and 14.7% work in the public sector.

Workforce demographics

Working population
593
19.6% year-over-year change
White collar
333
Blue collar
260
Value Percent YoY change
White collar 333 56.2% 20.6%
Blue collar 260 43.8% 18.2%
Employer type
Self employees
13.8%
Private companies
67%
Governmental workers
14.7%
Not for profit companies
4.6%
Value Percent YoY change
Self employees 82 13.8% 36.7%
Private companies 397 67% 15.1%
Governmental workers 87 14.7% 38.1%
Not for profit companies 27 4.6% -3.6%
Unemployment rate
0.8%
-50.0% year-over-year change

Available workforce

The unemployment rate in New Richland stands at 0.8%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in New Richland

How people get around in New Richland

Commuting methods vary: 89.3% of residents travel by personal vehicle and 4.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 524 89.3% 21.0%
Bus or trolleybus 3 0.5% 50.0%
Walk 24 4.1% 14.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in New Richland by zipcode?

Zipcode Population Number of households Median income Average income
56072 2,228 913 $80,417 $92,617

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FAQs about New Richland demographics 

What is the total population of New Richland?

New Richland has a total population of 1,184 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +10.9% compared to a year ago.

What is the gender ratio in New Richland?

The gender ratio in New Richland is as follows:
  • 50.2% males (595 residents)
  • 49.8% females (589 residents)

What is the median age in New Richland?

The median age in New Richland is 38.9.

What is the age distribution of the population in New Richland?

The age distribution in New Richland is as follows:
  • Under 15: 18.2% (216 residents)
  • Ages 15-24: 18.2% (216 residents)
  • Ages 25-44: 20.4% (241 residents)
  • Ages 45-64: 16.2% (192 residents)
  • Over 65: 26.9% (319 residents)

What is the racial and ethnic makeup of New Richland?

The racial and ethnic makeup of New Richland is as follows:
  • White: 97.5% (1,154 residents)
  • Black or African American: 0.4% (5 residents)
  • American Indian and Alaska Native: 0.7% (8 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 1.1% (13 residents)
  • Other: 0.3% (4 residents)

What percentage of the population in New Richland are U.S.-born citizens?

U.S.-born citizens represent 99.4% of the population in New Richland.

How many housing units are there in New Richland?

There are 494 housing units in New Richland, reflecting a +9.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in New Richland and what is the average household size?

New Richland has a total of 460 households, with an average of 2 people in each.

What is the median household income in New Richland?

New Richland has a median household income of $67,000, representing a +6.6% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for New Richland?

The employment rate is 99.2% in New Richland, with a workforce of 593 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 56.2% (333 residents)
  • Blue-collar workers: 43.8% (260 residents)

Places of employment:
  • Self-employed: 13.8% (82 residents)
  • Private companies: 67% (397 residents)
  • Governmental workers: 14.7% (87 residents)
  • Not-for-profit companies: 4.6% (27 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025