New Germany vs Minnesota Lake
Side-by-side comparison
How does New Germany, MN compare to Minnesota Lake, MN? New Germany has a population of 581 with a median household income of $88,438, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | New Germany, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 581 | 621 | -6.4% |
| Median Age | 29.6 | 45.5 | -34.9% |
| Foreign Born % | 0.5% | 0% | +50.0% |
| Metric | New Germany | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $88,438 | $62,875 | +40.7% |
| Unemployment | 1.4% | 3.9% | -64.1% |
| Poverty Rate | 3.7% | 12.1% | -69.4% |
| Bachelor's+ | 16.7% | 18.7% | -10.7% |
| Metric | New Germany | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $252,600 | $126,600 | +99.5% |
| Median Rent | $860/mo | $950/mo | -9.5% |
| Housing Units | 219 | 312 | -29.8% |