New Ulm is a city in Minnesota state in USA with a population of 13209 residents.. The poverty rate of New Ulm is 7.2%, which is 49% lower than national average. The typical household in New Ulm earns $58839 a year, compared to the national median of $67,500. Nearly 42.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New Ulm, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Ulm remained 2.6%, which is 45% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Ulm, only 27% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in New Ulm is 91, which is 9% lower than national average. Median home value in New Ulm is $145600 , which is 37% lower than national average. While median income in New Ulm remained $58839, which is 13% lower than national average.