Housing data for New Richland, MN
New Richland, MN has an estimated 1,184 residents and 494 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Waseca County.
13.9% of households rent.
The median gross rent is $585 a month.
Figures last updated on .
- Residents
- 1,184 (±139)
- Housing units
- 494 (±63)
- Households that rent
- 13.9%
- Median gross rent
- $585
- Residents since 2015–2019
- +4.2%
What stands out in New Richland
Median home value: $137,000 (±$14,240) in New Richland, lower than in Waseca County ($220,800).
Median gross rent: $585 (±$150) in New Richland, lower than in Waseca County ($883).
Median real estate taxes: $1,706 (±$107) in New Richland, lower than in Waseca County ($2,603).
Average commute: 31.0 minutes (±4.5) in New Richland, higher than in Waseca County (22.2 minutes).
Housing in New Richland at a glance
- Median rent: $585 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $810 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 50.9% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 13.9% of households rent
- Income and affordability: $67,000 median household income
- Home values: $137,000 median home value
- Homeowner costs: $1,147 median monthly cost with a mortgage
- Property taxes: $1,706 median real estate taxes a year
- Types of homes: 12.8% of homes are in buildings of 5 or more units
- Bedrooms: 56.4% of homes have 3 or more bedrooms
- Age of homes: 84.7% of homes were built before 1980
- Vacancy rate: 14.7% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 79.3% heat with utility gas
- Commute and cars: 31.0 minutes average trip to work
- Crime reported to police: 169 violent crimes per 100,000 residents
- Growth: +4.2% residents since 2015–2019
- How long people stay: 21.5% moved in since 2020
- Crowding and facilities: 2.4% of homes have more than 1 person per room (Small sample: wide margin of error)
New Richland against Waseca County, its state and the nation
| New Richland | Waseca County | Minnesota | United States | |
|---|---|---|---|---|
| Residents | 1,184 (±139) | 18,885 (exact) | 5,739,445 (exact) | 334,922,499 |
| Housing units | 494 (±63) | 7,922 (±80) | 2,545,030 (±1,535) | 143,775,355 |
| Households that rent | 13.9% (±5.5 points) | 19.3% (±2.6 points) | 27.8% (±0.2 points) | 34.8% |
| Median gross rent | $585 (±$150) | $883 (±$66) | $1,280 (±$7) | $1,413 |
| Median household income | $67,000 (±$12,731) | $76,261 (±$4,791) | $89,062 (±$409) | $80,734 |
| Median home value | $137,000 (±$14,240) | $220,800 (±$8,616) | $329,300 (±$903) | $332,700 |
| Median real estate taxes (a year) | $1,706 (±$107) | $2,603 (±$130) | $3,357 (±$10) | $3,119 |
| Built before 1980 | 84.7% (±13.2 points) | 70.5% (±4.9 points) | 52.1% (±0.3 points) | 49.7% |
| Average commute | 31.0 minutes (±4.5) | 22.2 minutes (±1.1) | 22.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 88.3% (±4.5 points) | 88.0% (±2.0 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 38.9 years (±2.6) | 40.6 years (±0.6) | 38.8 years (±0.1) | 38.9 years |
New Richland covers 0.6 square miles of land, about 2,003 residents per square mile (Census Bureau Gazetteer).
How New Richland has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,136 (±129) | 1,184 (±139) | +4.2% | Not a measurable change |
| Housing units | 517 (±56) | 494 (±63) | −4.4% | Not a measurable change |
| Median gross rent | $494 (±$61) | $585 (±$150) | +18.4% | No measurable change after inflation |
| Median home value | $97,000 (±$6,669) | $137,000 (±$14,240) | +41.2% | Up after inflation |
| Median household income | $50,500 (±$16,754) | $67,000 (±$12,731) | +32.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,133 (±$74) | $1,147 (±$67) | +1.2% | Down after inflation |
| Median real estate taxes | $1,236 (±$64) | $1,706 (±$107) | +38.0% | Up after inflation |
| Households that rent | 31.6% (±8.2 points) | 13.9% (±5.5 points) | −17.7 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±11.1 points) | 14.7% (±21.5 points) | +14.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in New Richland
In 2025, the New Richland Police Department reported 169 violent and 932 property crimes per 100,000 residents to the FBI.
Across Waseca County, the departments that report recorded 118 violent and 782 property crimes per 100,000 residents that year.
Places near New Richland
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| New Richland Township | 1.8 mi | — | $299,200 | 3.6% |
| Byron Township (Waseca County) | 4.2 mi | $795 | $275,000 | 38.0% |
| Otisco Township | 6.1 mi | $1,500 | $320,300 | 7.0% |
| Hartland | 6.2 mi | $529 | $166,900 | 18.8% |
| Hartland Township | 6.4 mi | $975 | $264,500 | 10.8% |
| Berlin Township | 7.4 mi | — | $279,500 | 2.2% |
| Wilton Township | 7.5 mi | $833 | $240,000 | 6.7% |
| Freeborn Township | 8.0 mi | $1,094 | $210,700 | 26.7% |
Places in Minnesota most like New Richland
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Mabel | $729 | $131,400 | $59,392 | 13.3% |
| Greenway Township | $698 | $138,200 | $66,094 | 16.1% |
| Tower | $586 | $109,600 | $65,893 | 16.6% |
| Lake Park | $692 | $196,500 | $64,028 | 17.3% |
| Amboy | $763 | $134,400 | $69,844 | 13.8% |
| White Township | $509 | $123,600 | $55,293 | 12.5% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Minnesota.
HUD Fair Market Rent for New Richland, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $717 | $787 | $1,030 | $1,349 | $1,354 |
HUD income limits for New Richland, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,600 | $34,300 | $54,900 |
| 2 people | $23,550 | $39,200 | $62,750 |
| 3 people | $27,320 | $44,100 | $70,600 |
| 4 people | $33,000 | $49,000 | $78,400 |
| 5 people | $38,680 | $52,950 | $84,700 |
| 6 people | $44,360 | $56,850 | $90,950 |
| 7 people | $50,040 | $60,800 | $97,250 |
| 8 people | $55,720 | $64,700 | $103,500 |
These are the limits HUD sets for its housing programs in the Waseca County, MN, where HUD’s median family income for fiscal year 2026 is $95,600.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New Richland
How many renters are there in New Richland?
New Richland has an estimated 64 (±26) renting households, 13.9% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in New Richland?
The median household income in New Richland is $67,000 (±$12,731) a year (2020–2024 American Community Survey).
What is the average home value in New Richland, MN?
The Census Bureau publishes the median: $137,000 (±$14,240) for owner-occupied homes in New Richland (2020–2024 American Community Survey).
What is the average mortgage payment in New Richland?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in New Richland, MN is $1,147 (±$67) a month, including taxes, insurance and utilities.
How much are property taxes in New Richland?
The median real estate tax paid by homeowners in New Richland, MN is $1,706 (±$107) a year (2020–2024 American Community Survey).
How many homes are in New Richland?
New Richland, MN has an estimated 494 (±63) housing units, occupied and vacant (2020–2024 American Community Survey).
Is New Richland growing?
In New Richland, the number of residents went from 1,136 in 2015–2019 to 1,184 in 2020–2024 (+4.2%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — New Richland city, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Richland city, Minnesota
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Richland city, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — New Richland city, Minnesota
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — New Richland city, Minnesota
- Total Population (B01003), 2015–2019 ACS 5-year estimates — New Richland city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Richland city, Minnesota
- HUD Fair Market Rents, fiscal year 2027: Waseca County, MN
- HUD Income Limits, fiscal year 2026: Waseca County, MN
- FBI Uniform Crime Reporting Program, Crime Data Explorer: New Richland Police Department (ORI MN0810200)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Richland city, Minnesota (place:45862, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .