Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

309 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: $1,133

Average Rent as Percentage of Gross Income

Median rent for 2018: $588

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $62,444
--Home Prepared Food $35,186
--Restaurant/Takeaway Food $27,257
Alcoholic Beverages $4,584
Housing $158,277
--Rent/Mortgage/Upkeep/Taxes $92,550
--Utilities $31,903
--Operations $12,018
--Supplies $5,885
--Furnishings $15,983
Apparel $14,682
--Men & Boys $3,283
--Women & Girls $5,947
--Children < 2 $62
--Footwear $3,097
Transportation $76,877
--New Vehicles $14,372
--Used Vehicles $16,416
--Fuel $16,602
--Insurance $7,682
--Public Transit $6,443
Healthcare $39,151
Entertainment $25,399
--Pets $5,204
--Toys $1,239
Personal Care Products $6,071
Books & Literature $867
Education $11,089
Tobacco Products $2,726
Miscellaneous $7,805
Retirement $14,868
Non-health Insurance $57,488
Total Expenditures $482,326

Selected Population Data

Period Geography Population
2014 New Ulm, MN Micro Area 25,513
2015 New Ulm, MN Micro Area 25,391
2016 New Ulm, MN Micro Area 25,327
2017 New Ulm, MN Micro Area 25,243
2018 New Ulm, MN Micro Area 25,211