New Germany vs Lake Park
Side-by-side comparison
How does New Germany, MN compare to Lake Park, MN? New Germany has a population of 581 with a median household income of $88,438, while Lake Park has 573 residents and a median income of $63,250. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | New Germany, MN | Lake Park, MN | Difference |
|---|---|---|---|
| Population | 581 | 573 | +1.4% |
| Median Age | 29.6 | 36.8 | -19.6% |
| Foreign Born % | 0.5% | 4% | -87.5% |
| Metric | New Germany | Lake Park | Difference |
|---|---|---|---|
| Median Income | $88,438 | $63,250 | +39.8% |
| Unemployment | 1.4% | 0% | +140.0% |
| Poverty Rate | 3.7% | 8% | -53.8% |
| Bachelor's+ | 16.7% | 25.8% | -35.3% |
| Metric | New Germany | Lake Park | Difference |
|---|---|---|---|
| Home Value | $252,600 | $160,900 | +57.0% |
| Median Rent | $860/mo | $717/mo | +19.9% |
| Housing Units | 219 | 251 | -12.7% |