Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

25 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,007

Average Rent as Percentage of Gross Income

Median rent for 2018: $502

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $1,944
--Home Prepared Food $1,095
--Restaurant/Takeaway Food $849
Alcoholic Beverages $143
Housing $4,928
--Rent/Mortgage/Upkeep/Taxes $2,881
--Utilities $993
--Operations $374
--Supplies $183
--Furnishings $498
Apparel $457
--Men & Boys $102
--Women & Girls $185
--Children < 2 $2
--Footwear $96
Transportation $2,393
--New Vehicles $447
--Used Vehicles $511
--Fuel $517
--Insurance $239
--Public Transit $201
Healthcare $1,219
Entertainment $791
--Pets $162
--Toys $39
Personal Care Products $189
Books & Literature $27
Education $345
Tobacco Products $85
Miscellaneous $243
Retirement $463
Non-health Insurance $1,790
Total Expenditures $15,016

Selected Population Data

Period Geography Population
2014 New Richland city, Minnesota 1,200
2015 New Richland city, Minnesota 1,174
2016 New Richland city, Minnesota 1,195
2017 New Richland city, Minnesota 1,174
2018 New Richland city, Minnesota 1,156