New Ulm, MN Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in New Ulm, MN

Get Access to 300+ Local Data Points

B

3%

Income/capita NAT. AVG.

10%

Household income NAT. AVG.

61%

Unemployment NAT. AVG.

Index	New Ulm	Minnesota	National
Income per capita	$46,250	$49,588	$44,883
Median household income	$89,385	$92,370	$81,333
Median income owner occupied	$112,403	$117,544	$106,172
Median income renter occupied	$55,181	$52,026	$52,080
Median earnings male	$58,932	$60,747	$54,343
Median earnings female	$40,860	$42,223	$38,439
Unemployment rate	1.9%	3.6%	4.9%
Poverty level	7.2%	10.8%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In New Ulm, MN

6 McIntosh Dr

New Ulm, MN

14 Village Ln

New Ulm, MN

2412 Lake Ave

New Ulm, MN

1105 S Valley St

New Ulm, MN

Key findings

The income per capita in New Ulm is 3% higher than the national average
The median household income in New Ulm is 10% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New Ulm is 61% lower than the national average
The poverty level in New Ulm is 53% lower than the national average

Compare New Ulm, MN Employment

Best Places for Employment in and Around New Ulm

See all the best places to live around New Ulm

Write a review to give others more information about this area.

See all New Ulm poll results

am i middle class

$59,584 $89,385 $178,770

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Minnesota

Here are the best places to live in Minnesota

Safest Cities In The US

Check out the 10 most dangerous cities in Minnesota

See the best places to live in New Ulm

New Ulm median earnings by income bracket

New Ulm employment by industry

Labour Type	Male	Female
Construction industry	5.3%	5.3%
Manufacturing sector	23.5%	23.5%
Financial & insurance services	0.4%	0.4%
Wholesale & retail services	18.0%	18.0%
Public administration	3.8%	3.8%
Transportation, warehousing & utilities	6.5%	6.5%
Education, health & social services	14.5%	14.5%
Other	26.1%	26.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Searles, MN	294	$139,089	71.0%
Courtland, MN	719	$120,096	47.7%
Lafayette, MN	562	$114,449	40.7%
Nicollet, MN	1,078	$105,885	30.2%
Lake Crystal, MN	2,587	$95,576	17.5%
New Ulm, MN	13,686	$89,385	9.9%

Cities with similar population

City	Population	Household Income	National Avg.
Baker, LA	13,684	$94,116	15.7%
Lahaina, HI	13,680	$115,429	41.9%
Chatham, IL	13,697	$146,139	79.7%
Auburn, IN	13,673	$76,617	5.8%
Rendon, TX	13,673	$126,146	55.1%
New Ulm, MN	13,686	$89,385	9.9%

Source: The New Ulm, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.