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

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Key findings

The income per capita in New Ulm is 3% higher than the national average
The median household income in New Ulm is 6% 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

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am i middle class

$39,222 $58,839 $117,678

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

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.

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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	288	$92,750	67.7%
Courtland, MN	694	$81,000	46.4%
Lafayette, MN	545	$78,333	41.6%
Nicollet, MN	1,037	$72,188	30.5%
Lake Crystal, MN	2,496	$63,672	15.1%
New Ulm, MN	13,209	$58,839	6.4%

Cities with similar population

City	Population	Household Income	National Avg.
Auburn, IN	13,209	$51,855	6.3%
Wellington North, ON	13,212	n/a
Rochester, MI	13,203	$92,128	66.5%
Verona, WI	13,215	$96,056	73.6%
Lahaina, HI	13,216	$76,951	39.1%
New Ulm, MN	13,209	$58,839	6.4%

Source: The New Ulm, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	New Ulm	Minnesota	National
Income per capita	$30,766	$33,225	$29,829
Median household income	$58,839	$63,217	$55,322
Median income owner occupied	$75,181	$77,618	$70,586
Median income renter occupied	$36,594	$34,348	$35,192
Median earnings male	$40,239	$40,933	$36,919
Median earnings female	$27,804	$29,114	$26,250
Unemployment rate	1.8%	3.4%	4.7%
Poverty level	7.2%	10.8%	15.1%