Newfolden, MN demographics:
population, income, and more

Total population
332
-29.1% year-over-year change
Median household income
$64,583/yr
-6.4% year-over-year change
Housing units
154
-13.5% year-over-year change

Newfolden population

How many people live in Newfolden

Newfolden is home to 332 residents, according to the most recent Census data. Gender-wise, 46.4% of Newfolden locals are male, and 53.6% are female.

Total population
332
-29.1% year-over-year change
Gender ratio
Male
46.4%
154
Female
53.6%
178
Value Percent YoY change
Male 154 46.4% -30.6%
Female 178 53.6% -27.6%
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 Newfolden is 36, with the population distributed as follows: about 27.4% are children under 15, then 8.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 22.3% of the population, while another 21.4% fall into the 45 to 64 bracket. Finally, around 20.2% are 65 or older.

Median age
36.2
Age breakdown
Under 15
27.4%
15 to 24
8.7%
25 to 44
22.3%
45 to 64
21.4%
Over 65
20.2%
Value Percent YoY change
Under 15 91 27.4% -21.6%
15 to 24 29 8.7% -61.8%
25 to 44 74 22.3% -30.8%
45 to 64 71 21.4% -25.3%
Over 65 67 20.2% -9.5%
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

There’s also a share of 0.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 332 100% -29.1%
Racial breakdown
White
99.7%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
0.3%
Other
0%
Value Percent
White 331 99.7%
Two or more races 1 0.3%

Households in Newfolden

A peek inside Newfolden households

Newfolden has 138 households, with an average of 2 members in each. Of these, 57.2% are families, while the remaining 42.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
138
-14.8% year-over-year change
Average people per household
2
Non-family households
59
Family households
79
Value Percent YoY change
Non-family households 59 42.8% 5.4%
Family households 79 57.2% -25.5%
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 Newfolden

The housing landscape of Newfolden

Newfolden's housing consists of 154 units, with 81.2% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 5.8% of the housing landscape.

Housing units
154
-13.5% year-over-year change
Housing types
Value Percent
1 unit, detached 125 81.2%
2 units 4 2.6%
3 or 4 units 1 0.6%
5 to 9 units 15 9.7%
Mobile home 9 5.8%
Homes built since 2020
0
% year-over-year change

The age of buildings in Newfolden

In Newfolden, the median construction year is 1964. About 31.8% of homes were built before the 1940s, with another 6.5% 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 49 31.8% 4.3%
Built between 1940 and 1949 10 6.5% 25.0%
Built between 1950 and 1959 11 7.1% 10.0%
Built between 1960 and 1969 16 10.4% -23.8%
Built between 1970 and 1979 23 14.9% -23.3%
Built between 1980 and 1989 16 10.4% -36.0%
Built between 1990 and 1999 11 7.1% 0.0%
Built between 2000 and 2009 14 9.1% -41.7%
Built between 2010 and 2019 4 2.6% 100.0%
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.

Newfolden occupancy rates

Out of the 138 occupied housing units in Newfolden, 73.2% are owner-occupied, while 26.8% are lived in by tenants. Meanwhile, 10.4% of all homes on the local market sit vacant.

Occupied housing units
138
-14.8% year-over-year change
Occupancy breakdown
Renter occupied
37
Owner occupied
101
Value Percent YoY
change
Renter occupied 37 26.8% -22.9%
Owner occupied 101 73.2% -11.4%
Unoccupied housing units
10.4%
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.

Newfolden housing costs

Housing costs in Newfolden come to a median of $800 per month, while tenants specifically pay a median gross rent of $817.

Median housing costs per month
$800/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 Newfolden
$817/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 Newfolden

Newfolden education at a glance

About 39.3% of the population in Newfolden went to high school, while 12.7% pursued college studies. Another 18.3% earned an associate degree and 18.8% hold a bachelor’s. Meanwhile, 10% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 2 0.9% 0.0%
High school diploma 90 39.3% -28.0%
College diploma 29 12.7% -60.3%
Associate degree 42 18.3% -33.3%
Bachelor's degree 43 18.8% 19.4%
Graduate degree 23 10% -28.1%
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 Newfolden

How much people earn in Newfolden

The average annual household income in Newfolden was $74,535 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -7% change from the previous year. At the same time, the median income stood at $64,583, reflecting a -6.4% shift over the same period.

Average household income in Newfolden
$74,535/year
-7.0% year-over-year change
Median household income in Newfolden
$64,583/year
-6.4% year-over-year change

Newfolden income by age

In Newfolden, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $60,938. Those with someone between 45 and 64 in charge, often well established professionally, earn $66,250 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $100,714, while those led by someone over 65, many of whom may be retired, have about $59,750 in earnings. Overall, 87.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $100,714 2.6%
25 - 44 $60,938 1.9%
45 - 64 $66,250 -14.8%
Over 65 $59,750 1.7%
Above poverty level
288
Below poverty level
40
Value Percent YoY
change
Above poverty level 288 87.8% -29.9%
Below poverty level 40 12.2% -24.5%

Average renter income in Newfolden

To get a better sense of what renters earn on average in Newfolden, their median household income was $55,556 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 17.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$55,556
Rent-to-income ratio
17.6%
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 Newfolden

Workforce and job types in Newfolden

The job market in Newfolden is powered by 156 working residents, spread across a range of industries and roles. 59.6% of the working population are employed in professional or administrative positions, while 40.4% are in hands-on or service-based jobs. Also, 4.5% run their own businesses, 62.8% are employed by private companies, and 24.4% work in the public sector.

Workforce demographics

Working population
156
-37.6% year-over-year change
White collar
93
Blue collar
63
Value Percent YoY change
White collar 93 59.6% -28.5%
Blue collar 63 40.4% -47.5%
Employer type
Self employees
4.5%
Private companies
62.8%
Governmental workers
24.4%
Not for profit companies
8.3%
Value Percent YoY change
Self employees 7 4.5% -22.2%
Private companies 98 62.8% -49.2%
Governmental workers 38 24.4% 11.8%
Not for profit companies 13 8.3% -7.1%
Unemployment rate
2.5%
-20.0% year-over-year change

Available workforce

The unemployment rate in Newfolden stands at 2.5%, 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 Newfolden

How people get around in Newfolden

Commuting methods vary: 83.2% 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.

Means of transportation
Value Percent YoY change
Car 119 83.2% -42.8%
Walk 8 5.6% 60.0%
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 Newfolden by zipcode?

Zipcode Population Number of households Median income Average income
56738 1,228 524 $71,250 $83,764

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FAQs about Newfolden demographics 

What is the total population of Newfolden?

Newfolden has a total population of 332 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 -29.1% compared to a year ago.

What is the gender ratio in Newfolden?

The gender ratio in Newfolden is as follows:
  • 46.4% males (154 residents)
  • 53.6% females (178 residents)

What is the median age in Newfolden?

The median age in Newfolden is 36.2.

What is the age distribution of the population in Newfolden?

The age distribution in Newfolden is as follows:
  • Under 15: 27.4% (91 residents)
  • Ages 15-24: 8.7% (29 residents)
  • Ages 25-44: 22.3% (74 residents)
  • Ages 45-64: 21.4% (71 residents)
  • Over 65: 20.2% (67 residents)

What is the racial and ethnic makeup of Newfolden?

The racial and ethnic makeup of Newfolden is as follows:
  • White: 99.7% (331 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 0.3% (1 residents)
  • Other: 0% (0 residents)

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

U.S.-born citizens represent 100% of the population in Newfolden.

How many housing units are there in Newfolden?

There are 154 housing units in Newfolden, reflecting a -13.5% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Newfolden has a total of 138 households, with an average of 2 people in each.

What is the median household income in Newfolden?

Newfolden has a median household income of $64,583, representing a -6.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Newfolden?

The employment rate is 97.5% in Newfolden, with a workforce of 156 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 59.6% (93 residents)
  • Blue-collar workers: 40.4% (63 residents)

Places of employment:
  • Self-employed: 4.5% (7 residents)
  • Private companies: 62.8% (98 residents)
  • Governmental workers: 24.4% (38 residents)
  • Not-for-profit companies: 8.3% (13 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