New Richland vs Minnesota Lake
Side-by-side comparison
How does New Richland, MN compare to Minnesota Lake, MN? New Richland has a population of 1,068 with a median household income of $62,841, 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 Richland, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 1,068 | 621 | +72.0% |
| Median Age | 40.9 | 45.5 | -10.1% |
| Foreign Born % | 0.3% | 0% | +30.0% |
| Metric | New Richland | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $62,841 | $62,875 | -0.1% |
| Unemployment | 2% | 3.9% | -48.7% |
| Poverty Rate | 5.7% | 12.1% | -52.9% |
| Bachelor's+ | 15.1% | 18.7% | -19.3% |
| Metric | New Richland | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $133,000 | $126,600 | +5.1% |
| Median Rent | $544/mo | $950/mo | -42.7% |
| Housing Units | 453 | 312 | +45.2% |