New Ulm, MN demographics:
population, income, and more
New Ulm population
How many people live in New Ulm
New Ulm is home to 14,056 residents, according to the most recent Census data. Gender-wise, 49.2% of New Ulm locals are male, and 50.8% are female.
Age demographics
The median age in New Ulm is 39, with the population distributed as follows: about 17.6% are children under 15, then 15% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.5% of the population, while another 23.5% fall into the 45 to 64 bracket. Finally, around 20.4% are 65 or older.
Racial makeup
In New Ulm, 97.4% of the population are US-born citizens, while 2.2% have gained naturalized citizenship. At the same time, 0.4% of residents are non-citizens. As for race, 94.5% of locals are Caucasian, 0.8% are African American and 0.7% have Asian roots. There’s also a share of 2.4% that includes residents with two or more races.
Households in New Ulm
A peek inside New Ulm households
New Ulm has 6,081 households, with an average of 2 members in each. Of these, 57.3% are families, while the remaining 42.7% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in New Ulm
The housing landscape of New Ulm
New Ulm's housing consists of 6,377 units, with 74.3% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.5% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.8% of the housing landscape.
The age of buildings in New Ulm
In New Ulm, the median construction year is 1966. About 27.9% of homes were built before the 1940s, with another 5% going up by 1949. Most development happened in the second half of the 20th century. Then, 6.8% of homes were added from 2000 to 2009, 5% between 2010 and 2019, and 0.6% are part of the newest wave of development.
New Ulm occupancy rates
Out of the 6,081 occupied housing units in New Ulm, 75.1% are owner-occupied, while 24.9% are lived in by tenants. Meanwhile, 4.6% of all homes on the local market sit vacant.
New Ulm housing costs
Housing costs in New Ulm come to a median of $988 per month, while tenants specifically pay a median gross rent of $962.
Education in New Ulm
New Ulm education at a glance
About 40% of the population in New Ulm went to high school, while 21% pursued college studies. Another 10.9% earned an associate degree and 15.6% hold a bachelor’s. Meanwhile, 9.2% went even further, earning a master’s or doctorate.
Income in New Ulm
How much people earn in New Ulm
The average annual household income in New Ulm was $82,367 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.7% change from the previous year. At the same time, the median income stood at $64,449, reflecting a +0.7% shift over the same period.
New Ulm income by age
In New Ulm, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $79,107. Those with someone between 45 and 64 in charge, often well established professionally, earn $82,952 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $56,250, while those led by someone over 65, many of whom may be retired, have about $48,647 in earnings. Overall, 90.8% of the locals in this community live above the poverty line.
Average renter income in New Ulm
To get a better sense of what renters earn on average in New Ulm, their median household income was $42,119 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 27.4%, shows what portion of their earnings goes toward housing expenses.
Employment in New Ulm
Workforce and job types in New Ulm
The job market in New Ulm is powered by 7,047 working residents, spread across a range of industries and roles. 73.8% of the working population are employed in professional or administrative positions, while 26.2% are in hands-on or service-based jobs. Also, 11.2% run their own businesses, 60.5% are employed by private companies, and 12.9% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in New Ulm stands at 3%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in New Ulm
How people get around in New Ulm
In New Ulm, the average commute time is 12 minutes. Commuting methods vary: 87.4% of residents travel by personal vehicle and 5.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in New Ulm by zipcode?
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FAQs about New Ulm demographics
What is the total population of New Ulm?
What is the gender ratio in New Ulm?
- 49.2% males (6,918 residents)
- 50.8% females (7,138 residents)
What is the median age in New Ulm?
What is the age distribution of the population in New Ulm?
- Under 15: 17.6% (2,478 residents)
- Ages 15-24: 15% (2,101 residents)
- Ages 25-44: 23.5% (3,300 residents)
- Ages 45-64: 23.5% (3,308 residents)
- Over 65: 20.4% (2,869 residents)
What is the racial and ethnic makeup of New Ulm?
- White: 94.5% (13,283 residents)
- Black or African American: 0.8% (116 residents)
- American Indian and Alaska Native: 0.4% (57 residents)
- Asian: 0.7% (100 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 2.4% (332 residents)
- Other: 1.2% (168 residents)
What percentage of the population in New Ulm are U.S.-born citizens?
How many housing units are there in New Ulm?
How many households are in New Ulm and what is the average household size?
What is the median household income in New Ulm?
What is the employment rate and job market overview for New Ulm?
Job types:
- White-collar workers: 73.8% (5,199 residents)
- Blue-collar workers: 26.2% (1,848 residents)
Places of employment:
- Self-employed: 11.2% (788 residents)
- Private companies: 60.5% (4,261 residents)
- Governmental workers: 12.9% (907 residents)
- Not-for-profit companies: 15.5% (1,091 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.