New Trier, MN
Population 77 · Minnesota
About New Trier, MN
New Trier is a small community located in Minnesota with a population of 77 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,063 per year, which is 25% above the national median of $75,149. The median age of 44.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in New Trier features a median home value of $225,000, which is 8% below the national median of $244,900. This positions New Trier in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 33 total housing units, 94% are owner-occupied (31 units) and 6% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Trier shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 11.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Trier have an average one-way commute time of 37.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
14.5% of New Trier 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.6% of the population being foreign-born.
Cost of Living in New Trier, MN
Compared to national averages, New Trier has a median household income of $94,063 (25% above the national median of $75,149). Home values average $225,000, which is 8% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, New Trier's income is 27% above the state average of $74,221, and home values are 10% above the state median of $204,472.
Why Live in New Trier, MN?
New Trier offers a strong local economy with a median household income of $94,063, well above the national average, and affordable housing with a median home value of $225,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 11.7%, better than the national average.
New Trier has a population of 77 with a median age of 44.4 years. Compare New Trier with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Trier
What is the population of New Trier, MN?
The population of New Trier, MN is 77 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 Trier?
The median household income in New Trier, MN is $94,063 per year, which is 25% above the national median of $75,149.
What is the median home value in New Trier?
The median home value in New Trier, MN is $225,000, which is 8% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Trier?
The median monthly rent in New Trier, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Trier?
The unemployment rate in New Trier, MN is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is New Trier, MN a good place to live?
New Trier offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 77 and a median age of 44.4, the city appeals to a broad range of residents.
How educated is New Trier, MN?
14.5% of residents in New Trier 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 Trier?
Key cost-of-living indicators for New Trier, MN: median home value is $225,000 (8% below national), median rent is $0/month, and median household income is $94,063. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Trier?
The poverty rate in New Trier, MN is 11.7%, 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 Trier, MN?
New Trier's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.6% of residents are foreign-born.