Pros and Cons of Living In New Ulm, Minnesota. Is New Ulm, MN a Nice Place To Live or Retire?

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New Ulm, Minnesota

Moving to New Ulm In Minnesota ? Is New Ulm, MN a Nice Place To Live? Pros and Cons of Living in New Ulm, Minnesota. Find out the best and worst about to live, raise a family or retire in New Ulm.

DEMOGRAPHICS

Population
13209
Unemployment
2.6%
45% NAT AVG.
Poverty
7.2%
49% NAT AVG.
Cost Of Living
91
9% NAT AVG.

ECONOMICS

Median Home Cost
$145600
37% NAT AVG.
Median Income
$58839
13% NAT AVG.
Median Rent
$774
33% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
130
58% NAT. AVG.
59% STATE AVG.
Violent Crime
9
82% NAT. AVG.
75% STATE AVG.
Property Crime
121
53% NAT. AVG.
57% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 14
Unemployed People
1 in 38
People Earning < $10,000
1 in 42
People Earning < $50,000
42.3%
People With Any Degree
1 in 2.7

ETHNICITY

Ethnicity New Ulm USA
White 92.6% 60.1%
African American 1.2% 12.2%
American Indian 0.1% 0.6%
Asian 1.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 1% 2.8%
Hispanic 3.9% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME New Ulm USA
Less than $10,000 2.4% 5.8%
$10,000 to $14,999 3.7% 4.1%
$15,000 to $24,999 9.1% 8.5%
$25,000 to $34,999 10.9% 8.6%
$35,000 to $49,999 16.2% 12.0%
$50,000 to $74,999 19.6% 17.2%
$75,000 to $99,999 14.7% 12.8%
$100,000 to $149,999 18.3% 15.6%
$150,000 to $199,999 3.4% 7.1%

EDUCATION

Education New Ulm USA
< 9th Grade 2% 5.0%
9-12th Grade 5% 7.0%
High School or GED 33% 27.0%
Other College 23% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 6% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
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. The unemployment rate of New Ulm remained 2.6%, which is 45% lower than national rate.

Cost of living in New Ulm is 91, which is 9% lower than national average. In New Ulm, only 27% of adults have a bachelor's degree and 33% have some college but no degree. 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.
New Ulm Scorecard

Jobs80%

Housing60%

Affordability85%

Safety85%

Amenities80%

Diversity50%

Education80%

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