New Germany, MN
Population 581 · Minnesota
About New Germany, MN
New Germany is a small community located in Minnesota with a population of 581 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,438 per year, which is 18% above the national median of $75,149. The median age of 29.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in New Germany features a median home value of $252,600, which is 3% above the national median of $244,900. This positions New Germany in a moderately priced market relative to the rest of the country. Median monthly rent is $860, 26% below the national average of $1,163/month. Of the 219 total housing units, 86% are owner-occupied (183 units) and 14% are renter-occupied (30 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Germany shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Germany have an average one-way commute time of 29.4 minutes.
Education & Demographics
16.7% of New Germany residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.5% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 1.9% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in New Germany, MN
Compared to national averages, New Germany has a median household income of $88,438 (18% above the national median of $75,149). Home values average $252,600, which is 3% above the national median. Monthly rent at $860 is 26% below the US average of $1,163. Within Minnesota, New Germany's income is 19% above the state average of $74,221, and home values are 24% above the state median of $204,472.
Why Live in New Germany, MN?
New Germany offers a strong local economy with a median household income of $88,438, well above the national average, and rent that’s lower than the national average at $860/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a low poverty rate of 3.7%, better than the national average.
New Germany has a population of 581 with a median age of 29.6 years. Compare New Germany with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near New Germany
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brooten | 582 | $47,500 | $128,900 | Compare |
| Littlefork | 577 | $61,685 | $114,500 | Compare |
| Graceville | 586 | $51,667 | $101,700 | Compare |
| Marble | 588 | $54,688 | $102,700 | Compare |
| Halstad | 589 | $67,857 | $114,800 | Compare |
| Lake Park | 573 | $63,250 | $160,900 | Compare |
| Hendricks | 572 | $45,125 | $78,100 | Compare |
| Rollingstone | 590 | $86,500 | $217,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Germany
What is the population of New Germany, MN?
The population of New Germany, MN is 581 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in New Germany?
The median household income in New Germany, MN is $88,438 per year, which is 18% above the national median of $75,149.
What is the median home value in New Germany?
The median home value in New Germany, MN is $252,600, which is 3% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Germany?
The median monthly rent in New Germany, MN is $860, which is 26% below the national average of $1,163/month.
What is the unemployment rate in New Germany?
The unemployment rate in New Germany, MN is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Germany, MN a good place to live?
New Germany offers above-average incomes, a competitive housing market, and a strong job market. With a population of 581 and a median age of 29.6, the city appeals to young professionals and families.
How educated is New Germany, MN?
16.7% of residents in New Germany aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New Germany?
Key cost-of-living indicators for New Germany, MN: median home value is $252,600 (3% above national), median rent is $860/month, and median household income is $88,438. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Germany?
The poverty rate in New Germany, MN is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is New Germany, MN?
New Germany's population is 0.5% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 1.9% Asian, and 0.3% two or more races. 0.5% of residents are foreign-born.