The median household income in New Ulm, MN in 2022 was $58,579, which was 40.6% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $40,044 in 2000 this represents an increase of 31.6%. The per capita income in 2022 was $33,637, which means an increase of 39.6% compared to 2000 when it was $20,308.
Whole page based on the data from 2000 / 2022 when the population of New Ulm, Minnesota was 13,594 / 14,109
Income statistics for all residents
Median household income in New Ulm, MN in 2022:
New Ulm:
$58,580
State:
$82,338
Change in median household income between 2000 and 2022:
New Ulm, Minnesota:
+46.3%
Minnesota:
+74.8%
Number of households with income < $10k:
New Ulm:
4.7% (286)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
New Ulm:
4.7% (286)
Minnesota:
5.6% (130,945)
Number of households with income $20k - 30k:
New Ulm:
9.6% (589)
Minnesota:
6.1% (140,637)
Number of households with income $30k - 40k:
New Ulm:
11.7% (717)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
New Ulm:
6.9% (425)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
New Ulm:
13.0% (800)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
New Ulm:
7.5% (460)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
New Ulm:
14.6% (894)
Minnesota:
13.8% (319,951)
Number of households with income $100k - 125k:
New Ulm:
10.6% (652)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
New Ulm:
8.1% (497)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
New Ulm:
5.3% (326)
Minnesota:
10.2% (236,018)
Number of households with income > $200k:
New Ulm:
3.3% (204)
State:
11.6% (268,336)
Aggregate household income in New Ulm in 2022: $471,457,036
Median family income in New Ulm in 2022:
New Ulm:
$85,443
Minnesota:
$105,324
Number of families with income < $10k:
New Ulm:
3.2% (118)
Minnesota:
2.2% (31,728)
Number of families with income $10k - 20k:
New Ulm:
2.1% (78)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
New Ulm:
5.5% (203)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
New Ulm:
6.1% (223)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
New Ulm:
6.8% (249)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
New Ulm:
12.0% (441)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
New Ulm:
6.0% (219)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
New Ulm:
17.5% (641)
State:
14.7% (214,426)
Number of families with income $100k - 125k:
New Ulm:
15.3% (563)
Minnesota:
13.1% (190,094)
Number of families with income $125k - 150k:
New Ulm:
11.6% (425)
Minnesota:
10.3% (149,830)
Number of families with income $150k - 200k:
New Ulm:
8.4% (310)
State:
13.6% (197,479)
Number of families with income > $200k:
New Ulm:
5.5% (200)
State:
16.1% (233,828)
Median non-family income in New Ulm in 2022:
New Ulm:
$38,587
Minnesota:
$48,461
Change in median non-family income between 2000 and 2022:
New Ulm, Minnesota:
+89.4%
State:
+73.6%
Median per capita income in New Ulm in 2022:
New Ulm:
$33,637
State:
$45,021
Change in median per capita income between 2000 and 2022:
New Ulm, Minnesota:
+65.6%
State:
+94.1%
Income statistics for White residents
Median household income in New Ulm, MN in 2022:
New Ulm:
$60,589
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
New Ulm, Minnesota:
+50.4%
State:
+77.5%
Number of households with income < $10k:
New Ulm:
4.3% (243)
Minnesota:
3.9% (74,145)
Number of households with income $10k - 20k:
New Ulm:
4.9% (277)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
New Ulm:
9.6% (551)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
New Ulm:
11.2% (642)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
New Ulm:
6.0% (342)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
New Ulm:
13.2% (751)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
New Ulm:
7.5% (427)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
New Ulm:
15.1% (864)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
New Ulm:
11.1% (634)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
New Ulm:
8.2% (466)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
New Ulm:
5.5% (314)
State:
10.6% (203,283)
Number of households with income > $200k:
New Ulm:
3.5% (200)
State:
12.2% (233,694)
Aggregate household income in New Ulm in 2022: $447,095,046
Median family income in New Ulm in 2022:
New Ulm:
$87,108
State:
$110,049
Number of families with income < $10k:
New Ulm:
3.1% (105)
Minnesota:
1.5% (17,407)
Number of families with income $10k - 20k:
New Ulm:
2.3% (78)
Minnesota:
1.9% (22,955)
Number of families with income $20k - 30k:
New Ulm:
5.7% (192)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
New Ulm:
4.8% (163)
Minnesota:
3.7% (44,598)
Number of families with income $40k - 50k:
New Ulm:
5.8% (195)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
New Ulm:
11.7% (397)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
New Ulm:
6.0% (203)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
New Ulm:
18.2% (618)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
New Ulm:
16.1% (544)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
New Ulm:
11.7% (397)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
New Ulm:
8.8% (300)
State:
14.3% (171,257)
Number of families with income > $200k:
New Ulm:
5.8% (196)
Minnesota:
17.1% (204,721)
Median non-family income in New Ulm in 2022:
New Ulm:
$39,014
State:
$49,920
Change in median non-family income between 2000 and 2022:
New Ulm, Minnesota:
+90.0%
Minnesota:
+76.0%
Median per capita income in New Ulm in 2022:
New Ulm:
$34,283
State:
$49,507
Change in median per capita income between 2000 and 2022:
New Ulm, Minnesota:
+66.9%
State:
+103.3%
Income statistics for Black or African American residents
Median household income in New Ulm, MN in 2022:
New Ulm:
$40,305
Minnesota:
$51,320
Change in median household income between 2000 and 2022:: -20.8%
New Ulm, Minnesota:
-20.8%
State:
+77.4%
Number of households with income < $10k:
New Ulm:
17.6% (15)
Minnesota:
9.8% (13,122)
Number of households with income $10k - 20k:
New Ulm:
0.0% (0)
Minnesota:
12.0% (16,076)
Number of households with income $20k - 30k:
New Ulm:
0.0% (0)
State:
8.9% (11,986)
Number of households with income $30k - 40k:
New Ulm:
54.1% (46)
State:
9.8% (13,064)
Number of households with income $40k - 50k:
New Ulm:
0.0% (0)
State:
7.8% (10,426)
Number of households with income $50k - 60k:
New Ulm:
0.0% (0)
State:
8.4% (11,191)
Number of households with income $60k - 75k:
New Ulm:
9.4% (8)
Minnesota:
9.5% (12,717)
Number of households with income $75k - 100k:
New Ulm:
0.0% (0)
Minnesota:
11.0% (14,800)
Number of households with income $100k - 125k:
New Ulm:
0.0% (0)
State:
7.5% (10,088)
Number of households with income $125k - 150k:
New Ulm:
18.8% (16)
State:
4.7% (6,321)
Number of households with income $150k - 200k:
New Ulm:
0.0% (0)
State:
6.1% (8,240)
Number of households with income > $200k:
New Ulm:
0.0% (0)
State:
4.4% (5,958)
Aggregate household income in New Ulm in 2022: $4,858,916
Median per capita income in New Ulm in 2022:
New Ulm:
$24,246
State:
$25,146
Income statistics for Asian residents
Median household income in New Ulm, MN in 2022:
New Ulm:
$2,392
State:
$93,773
Change in median household income between 2000 and 2022:: -97.4%
New Ulm, Minnesota:
-97.4%
State:
+106.0%
Number of households with income < $10k:
New Ulm:
56.0% (28)
State:
4.2% (3,886)
Number of households with income $10k - 20k:
New Ulm:
0.0% (0)
State:
4.1% (3,821)
Number of households with income $20k - 30k:
New Ulm:
0.0% (0)
State:
3.8% (3,485)
Number of households with income $30k - 40k:
New Ulm:
12.0% (6)
State:
5.0% (4,620)
Number of households with income $40k - 50k:
New Ulm:
0.0% (0)
Minnesota:
6.0% (5,609)
Number of households with income $50k - 60k:
New Ulm:
10.0% (5)
Minnesota:
5.4% (4,977)
Number of households with income $60k - 75k:
New Ulm:
22.0% (11)
Minnesota:
9.3% (8,666)
Number of households with income $75k - 100k:
New Ulm:
0.0% (0)
State:
15.6% (14,466)
Number of households with income $100k - 125k:
New Ulm:
0.0% (0)
Minnesota:
10.7% (9,893)
Number of households with income $125k - 150k:
New Ulm:
0.0% (0)
State:
9.3% (8,600)
Number of households with income $150k - 200k:
New Ulm:
0.0% (0)
State:
12.6% (11,662)
Number of households with income > $200k:
New Ulm:
0.0% (0)
State:
14.2% (13,207)
Aggregate household income in New Ulm in 2022: $1,155,572
Median family income in New Ulm in 2022:
New Ulm:
$54,296
State:
$105,412
Number of families with income $30k - 40k:
New Ulm:
29.6% (7)
Minnesota:
5.4% (3,668)
Number of families with income $50k - 60k:
New Ulm:
22.5% (5)
State:
5.0% (3,388)
Number of families with income $60k - 75k:
New Ulm:
47.9% (11)
State:
8.6% (5,887)
Median per capita income in New Ulm in 2022:
New Ulm:
$47,268
State:
$39,496
Income statistics for Hispanic or Latino residents
Median household income in New Ulm, MN in 2022:
New Ulm:
$42,868
State:
$63,399
Change in median household income between 2000 and 2022:
New Ulm, Minnesota:
+21.8%
State:
+76.4%
Number of households with income < $10k:
New Ulm:
0.0% (0)
Minnesota:
4.0% (3,834)
Number of households with income $10k - 20k:
New Ulm:
0.0% (0)
Minnesota:
6.1% (5,874)
Number of households with income $20k - 30k:
New Ulm:
0.0% (0)
State:
9.9% (9,526)
Number of households with income $30k - 40k:
New Ulm:
20.2% (26)
Minnesota:
10.1% (9,710)
Number of households with income $40k - 50k:
New Ulm:
41.1% (53)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
New Ulm:
24.0% (31)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
New Ulm:
3.9% (5)
Minnesota:
10.8% (10,444)
Number of households with income $75k - 100k:
New Ulm:
0.0% (0)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
New Ulm:
0.0% (0)
State:
7.6% (7,348)
Number of households with income $125k - 150k:
New Ulm:
0.0% (0)
State:
5.1% (4,890)
Number of households with income $150k - 200k:
New Ulm:
10.9% (14)
State:
6.5% (6,257)
Number of households with income > $200k:
New Ulm:
0.0% (0)
State:
7.3% (7,057)
Aggregate household income in New Ulm in 2022: $6,861,040
Median family income in New Ulm in 2022:
New Ulm:
$43,206
State:
$67,562
Number of families with income $20k - 30k:
New Ulm:
22.3% (30)
State:
8.4% (5,627)
Number of families with income $40k - 50k:
New Ulm:
38.9% (52)
State:
8.7% (5,826)
Number of families with income $50k - 60k:
New Ulm:
24.2% (32)
State:
9.2% (6,189)
Number of families with income $60k - 75k:
New Ulm:
3.4% (5)
State:
9.5% (6,388)
Number of families with income $150k - 200k:
New Ulm:
11.2% (15)
State:
8.6% (5,795)
Median per capita income in New Ulm in 2022:
New Ulm:
$19,239
Minnesota:
$27,748
Income statistics for American Indian and Alaska Native residents
Median per capita income in New Ulm in 2022:
New Ulm:
$36,364
State:
$24,180
Change in median per capita income between 2000 and 2022:
New Ulm, Minnesota:
+70.5%
State:
+85.4%
Income statistics for Multirace residents
Median household income in New Ulm, MN in 2022:
New Ulm:
$42,523
State:
$74,586
Number of households with income < $10k:
New Ulm:
0.0% (0)
State:
4.8% (5,071)
Number of households with income $10k - 20k:
New Ulm:
0.0% (0)
State:
7.2% (7,697)
Number of households with income $20k - 30k:
New Ulm:
24.0% (24)
Minnesota:
8.0% (8,495)
Number of households with income $30k - 40k:
New Ulm:
0.0% (0)
Minnesota:
8.9% (9,445)
Number of households with income $40k - 50k:
New Ulm:
62.0% (62)
Minnesota:
6.3% (6,680)
Number of households with income $50k - 60k:
New Ulm:
9.0% (9)
Minnesota:
6.7% (7,171)
Number of households with income $60k - 75k:
New Ulm:
0.0% (0)
State:
8.4% (8,916)
Number of households with income $75k - 100k:
New Ulm:
0.0% (0)
Minnesota:
13.8% (14,719)
Number of households with income $100k - 125k:
New Ulm:
5.0% (5)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
New Ulm:
0.0% (0)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
New Ulm:
0.0% (0)
Minnesota:
8.2% (8,751)
Number of households with income > $200k:
New Ulm:
0.0% (0)
State:
10.5% (11,170)
Aggregate household income in New Ulm in 2022: $4,659,165
Median family income in New Ulm in 2022:
New Ulm:
$43,737
State:
$91,504
Number of families with income $20k - 30k:
New Ulm:
12.2% (5)
State:
7.0% (4,526)
Number of families with income $40k - 50k:
New Ulm:
54.8% (24)
State:
5.9% (3,846)
Number of families with income $50k - 60k:
New Ulm:
20.0% (9)
State:
6.0% (3,860)
Number of families with income $100k - 125k:
New Ulm:
13.0% (6)
State:
11.5% (7,416)
Median non-family income in New Ulm in 2022:
New Ulm:
$37,547
State:
$46,898
Median per capita income in New Ulm in 2022:
New Ulm:
$22,549
State:
$28,529
Income statistics for other residents
Median household income in New Ulm, MN in 2022:
New Ulm:
$47,733
State:
$65,473
Number of households with income < $10k:
New Ulm:
0.0% (0)
State:
5.5% (2,716)
Number of households with income $10k - 20k:
New Ulm:
0.0% (0)
State:
6.3% (3,106)
Number of households with income $20k - 30k:
New Ulm:
0.0% (0)
State:
6.7% (3,298)
Number of households with income $30k - 40k:
New Ulm:
0.0% (0)
Minnesota:
9.2% (4,529)
Number of households with income $40k - 50k:
New Ulm:
49.3% (35)
State:
8.6% (4,198)
Number of households with income $50k - 60k:
New Ulm:
33.8% (24)
Minnesota:
9.2% (4,519)
Number of households with income $60k - 75k:
New Ulm:
9.9% (7)
State:
10.8% (5,300)
Number of households with income $75k - 100k:
New Ulm:
0.0% (0)
Minnesota:
15.9% (7,771)
Number of households with income $100k - 125k:
New Ulm:
0.0% (0)
Minnesota:
8.6% (4,216)
Number of households with income $125k - 150k:
New Ulm:
7.0% (5)
State:
4.4% (2,178)
Number of households with income $150k - 200k:
New Ulm:
0.0% (0)
State:
7.3% (3,556)
Number of households with income > $200k:
New Ulm:
0.0% (0)
State:
7.3% (3,596)
Aggregate household income in New Ulm in 2022: $4,730,271
Median family income in New Ulm in 2022:
New Ulm:
$50,442
State:
$74,121
Number of families with income $40k - 50k:
New Ulm:
47.8% (36)
State:
8.9% (3,258)
Number of families with income $50k - 60k:
New Ulm:
37.7% (28)
State:
9.1% (3,326)
Number of families with income $60k - 75k:
New Ulm:
7.7% (6)
State:
8.3% (3,047)
Number of families with income $125k - 150k:
New Ulm:
6.7% (5)
State:
4.7% (1,728)
Median per capita income in New Ulm in 2022:
New Ulm:
$21,555
Minnesota:
$28,385
Discuss New Ulm, Minnesota (MN) on our hugely popular Minnesota forum.
-20.8%
+77.4%
