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New Ulm, Minnesota

city · Brown County

At a glance

14,056
Population
$204,200
Median home value (all homes)
33% below U.S. median
$258,271
Typical market value
Zillow, 2026-07
$962/mo
Median rent
29% below U.S. median
$64,449
Median household income
18% below U.S. median
12.1 min
Average commute
86.1%
Homes with broadband
78.12%
Locations with fiber available
3%
Unemployment

Cost of living (Clay Affordability Index)

CAI 91 — 9% below the national average. how it's computed

Housing15% below
Goods & services6% below
Utilities6% above
Taxes12% below
Insurance6% below
Commute cost57% below
For business: Minnesota is CBII band 3/5 · time to build band 4/5. See state page for the breakdown.

Living here

Colleges in town:
Martin Luther College Graduate degrees
Nearest 4-year college1 mi
Nearest community college23 mi
Nearest technical college25 mi
High school graduates91.9%
College graduates27.9%

Doing business here

Economic development contacts, most local first:

city New Ulm Economic Development Corp.
New Ulm Business Resource Innovation Center provides business development services to entrepreneurs and companies in New Ulm, including fractional leadership, startup assistance, funding resources, and global connectivity.
region Region Nine Development Commission
Region Nine Development Commission strives to promote the development of the region through intergovernmental cooperation, community and human development, long-range planning, and technical assistance. It serves counties, cities, townships, and schools in the RNDC region.
state Arrowhead Regional Development Commission
ARDC is a multi-disciplined planning and development organization serving the seven-county Arrowhead Region in northeast Minnesota. Its mission is to provide local units of government and citizen groups a means to work cooperatively in identifying needs, solving problems, and fostering local leadership to promote economic growth.
state Economic Dev Association of Minnesota
EDAM champions economic development through education, collaboration and advocacy. It is a state-wide association of professionals who specialize in economic development, with members in public, private, and nonprofit sectors who stay informed and connected to current economic development strategies and best practices.
state Minnesota Dept of Empl & Economic Dev
Minnesota's state agency that provides employment services, workforce development, unemployment insurance support, business financing, and economic development programs for residents and businesses.
state Minnesota Power Economic Development
Minnesota Power has the resources, connections and experience to help companies find sites and secure capital for expansion and relocation projects in our service area. It also provides private sector leadership in economic development.
state North Saint Paul Economic Development
The North St. Paul Economic Development Authority (EDA) was established to precipitate future development, increase the tax base, promote employment, and enhance the overall quality of life in North St. Paul; it sets goals, meets regularly, and can provide momentum and a vision for economic development.
State sales taxYes
State income taxYes
Right-to-work stateNo

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