What percentage of people rent in New Ulm, MN?

24.9% (±2.8 points) of the occupied homes in New Ulm, MN are rented (2020–2024 American Community Survey).

That is 1,516 renting households against 4,565 that own their home.

In New Ulm, the share of households that rent went from 24.2% in 2015–2019 to 24.9% in 2020–2024 (+0.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
24.9% (±2.8 points)
Renting households
1,516 (±177)
Median renter income
$43,690 (±$2,283)

Who rents and who owns in New Ulm

Tenure, estimate (90% margin of error)
New UlmBrown CountyMinnesotaUnited States
Renter-occupied share24.9% (±2.8 points)21.1% (±1.7 points)27.8% (±0.2 points)34.8%
Renting households1,516 (±177)2,327 (±200)641,268 (±4,528)45,017,354
Owning households4,565 (±212)8,700 (±196)1,666,687 (±7,556)84,210,142
Average renter household size1.8 (±0.3)1.8 (±0.2)2.0 (±0.0)2.3
Average owner household size2.3 (±0.1)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income$43,690 (±$2,283)$42,802 (±$3,049)$51,080 (±$531)$52,966
Median owner household income$80,328 (±$6,323)$80,483 (±$3,223)$108,214 (±$476)$100,009

In New Ulm, the renter share is higher than in Brown County (21.1%).

It is also lower than in Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Brown County, New Ulm ranks 3 of 23 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 409 of 2,628.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in New Ulm has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent24.2% (±2.6 points)24.9% (±2.8 points)+0.7 percentage pointsNot a measurable change
Median gross rent$643 (±$60)$962 (±$71)+49.6%Up after inflation
Median household income$61,597 (±$6,226)$64,449 (±$4,330)+4.6%Down after inflation

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.

Households that rent in places near New Ulm

Nearest places with a published estimate, compared with New Ulm
PlaceDistanceHouseholds that rentCompared with this place
New Ulm—24.9% (±2.8 points)—
Milford Township5.0 mi6.6% (±4.7 points)Lower
Lafayette Township5.1 mi10.9% (±6.2 points)Lower
Cottonwood Township5.3 mi5.4% (±4.6 points)Lower
Sigel Township5.9 mi8.5% (±5.8 points)Lower
Courtland6.7 mi14.4% (±10.6 points)Not measurably different
Brighton Township7.2 mi21.2% (±16.8 points)Not measurably different
Courtland Township7.7 mi8.9% (±6.2 points)Lower
West Newton Township8.0 mi4.2% (±4.2 points)Lower

Nearby places with a measurably lower figure: Milford Township, MN (6.6%), Lafayette Township, MN (10.9%), Cottonwood Township, MN (5.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Brown County, place by place

RankPlaceHouseholds that rent
1Comfrey27.3% (±12.2 points)
2Springfield26.8% (±7.3 points)
3New Ulm24.9% (±2.8 points)
4Linden Township24.3% (±28.5 points)
5Sleepy Eye21.8% (±5.8 points)
6Hanska16.9% (±9.6 points)
7Bashaw Township15.1% (±10.7 points)
8 (tie)Eden Township (Brown County)11.7% (±11.3 points)
8 (tie)Mulligan Township11.7% (±8.0 points)

Showing 9 of 23 places in Brown County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in New Ulm

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Questions about New Ulm

How many renters are there in New Ulm?

New Ulm has an estimated 1,516 (±177) renting households, 24.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in New Ulm?

In New Ulm, the share of households that rent went from 24.2% in 2015–2019 to 24.9% in 2020–2024 (+0.7 percentage points), not a measurable change.

How big are renting households in New Ulm?

A renting household in New Ulm has 1.8 people on average, against 2.3 in an owned home.

How much do renters earn in New Ulm?

The median renting household in New Ulm, MN has an income of $43,690 (±$2,283) a year, against $80,328 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for New Ulm city, Minnesota (place:46042, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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