Last updated: 2024 BLS data · Page refreshed:
New Ulm has a population of 14,056 with a median age of 39.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 14,056 |
| Median Age | 39.3 |
| White | 94.5% |
| Black or African American | 0.8% |
| Asian | 0.7% |
| Hispanic or Latino | 3.3% |
| Other / Two or More Races | 0.7% |
The median household income in New Ulm is $64,449, which is 20.0% below the national median of $80,610. The per capita income is $35,978. The poverty rate is 9.2%.
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In New Ulm, 91.9% of residents age 25+ have a high school diploma or higher, and 27.9% hold a bachelor's degree or higher (10.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.9% |
| Bachelor's Degree or Higher | 27.9% |
| Graduate or Professional Degree | 10.8% |
The median home value in New Ulm is $204,200, below the national median of $303,400. The median monthly rent is $962. The homeownership rate is 75.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $204,200 |
| Median Monthly Rent | $962 |
| Homeownership Rate | 75.1% |
| Vacancy Rate | 4.6% |
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