New Munster, WI
Population 292 · Wisconsin
About New Munster, WI
New Munster is a small community located in Wisconsin with a population of 292 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,686 per year, which is 11% above the national median of $75,149. The median age of 69.7 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 Munster features a median home value of $329,300, which is 34% above the national median of $244,900. This positions New Munster 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 209 total housing units, 100% are owner-occupied (153 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Munster shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Munster have an average one-way commute time of 43.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
40.2% of New Munster residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. 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 0.3% of the population being foreign-born.
Cost of Living in New Munster, WI
Compared to national averages, New Munster has a median household income of $83,686 (11% above the national median of $75,149). Home values average $329,300, which is 34% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Wisconsin, New Munster's income is 15% above the state average of $72,579, and home values are 60% above the state median of $205,802.
Why Live in New Munster, WI?
New Munster offers a strong local economy with a median household income of $83,686, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 40.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.7%, better than the national average.
New Munster has a population of 292 with a median age of 69.7 years. Compare New Munster with other cities to see how it stacks up, or explore all cities in Wisconsin.
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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 Munster
What is the population of New Munster, WI?
The population of New Munster, WI is 292 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wisconsin.
What is the median household income in New Munster?
The median household income in New Munster, WI is $83,686 per year, which is 11% above the national median of $75,149.
What is the median home value in New Munster?
The median home value in New Munster, WI is $329,300, which is 34% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Munster?
The median monthly rent in New Munster, WI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Munster?
The unemployment rate in New Munster, WI is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Munster, WI a good place to live?
New Munster offers above-average incomes, a competitive housing market, and a strong job market. With a population of 292 and a median age of 69.7, the city appeals to established professionals and retirees.
How educated is New Munster, WI?
40.2% of residents in New Munster aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in New Munster?
Key cost-of-living indicators for New Munster, WI: median home value is $329,300 (34% above national), median rent is $0/month, and median household income is $83,686. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in New Munster?
The poverty rate in New Munster, WI is 0.7%, 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 Munster, WI?
New Munster's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 0.3% of residents are foreign-born.