New Ulm vs Elko New Market
Side-by-side comparison
How does New Ulm, MN compare to Elko New Market, MN? New Ulm has a population of 14,066 with a median household income of $63,984, while Elko New Market has 4,915 residents and a median income of $147,381. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | New Ulm, MN | Elko New Market, MN | Difference |
|---|---|---|---|
| Population | 14,066 | 4,915 | +186.2% |
| Median Age | 40.3 | 33.9 | +18.9% |
| Foreign Born % | 2.7% | 5.1% | -47.1% |
| Metric | New Ulm | Elko New Market | Difference |
|---|---|---|---|
| Median Income | $63,984 | $147,381 | -56.6% |
| Unemployment | 2.5% | 0.6% | +190.0% |
| Poverty Rate | 8.7% | 0% | +870.0% |
| Bachelor's+ | 27.2% | 40.4% | -32.7% |
| Metric | New Ulm | Elko New Market | Difference |
|---|---|---|---|
| Home Value | $192,700 | $407,400 | -52.7% |
| Median Rent | $974/mo | $2311/mo | -57.9% |
| Housing Units | 6,306 | 1,682 | +274.9% |