New Munich vs Minnesota Lake
Side-by-side comparison
How does New Munich, MN compare to Minnesota Lake, MN? New Munich has a population of 275 with a median household income of $90,714, 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 Munich, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 275 | 621 | -55.7% |
| Median Age | 38.2 | 45.5 | -16.0% |
| Foreign Born % | 0% | 0% | — |
| Metric | New Munich | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $90,714 | $62,875 | +44.3% |
| Unemployment | 4% | 3.9% | +2.6% |
| Poverty Rate | 1.6% | 12.1% | -86.8% |
| Bachelor's+ | 21.6% | 18.7% | +15.5% |
| Metric | New Munich | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $165,300 | $126,600 | +30.6% |
| Median Rent | $0/mo | $950/mo | -100.0% |
| Housing Units | 103 | 312 | -67.0% |