New Ulm vs Minneapolis
| New Ulm | Minneapolis | |
|---|---|---|
| Population | 14,055 | 426,877 |
| Median Household Income | $64,449 | $80,846 |
| Median Home Value | $204,200 | $362,200 |
| Median Gross Rent | $962/mo | $1,371/mo |
| Homeownership Rate | 75.1% | 47.7% |
| Unemployment Rate | 3.0% | 5.9% |
| Bachelor's Degree or Higher | 27.9% | 55.5% |
| Median Age | 39.3 | 33.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.