Beauty and personal care · Small-town market · Minnesota
Hair salons in the New Ulm, MN area
How the New Ulm, MN area compares with other small-town markets and the U.S. for hair salons: competitors, household spending, official counts and growth.
Groundwork market score · out of 100
Score 52 out of 100: Upper middle
Ranked #253 of 538 scored small-town markets
#15 of 18 scored small-town markets based in Minnesota
- Listings
- 23
- 7 chain locations (30%)
- Official establishments
- 5
- Businesses with payroll, 2023
- Household spending a year
- $10.3M
- On personal care products and services · $937 a household
- Spending per listing
- $449K
- 4% above the U.S.
- Listings per 10k households
- 20.9
- 11% below the U.S.
- Population, 2025
- 25,517
- −1.5% since 2020
See the hair salons around any address in the New Ulm area
The site report maps the hair salons on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the New Ulm area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
Household spending on personal care products and services in the New Ulm area comes to about $10.3M a year: $937 per household, 7% below the U.S. average. That is about $449K of household spending for each salon on map listings, 4% above the U.S. figure of $430K. The spending figure covers all personal care products and services, not only hair salons.
The New Ulm area has 23 hair salons on map listings as of September 2026. Of those, 7 are chain locations, or 30%, against 14% across the U.S. Per 10,000 households, that is 20.9, 11% below the U.S. rate of 23.4.
The official count of businesses with payroll classed as beauty salons in the New Ulm area was 5 in 2023. That is one for every 2,205 households, against one for every 1,535 across the U.S. Official counts list 62 one-person businesses without payroll.
Population estimates show the New Ulm area declined 1.5% from 2020 to 2025, against +3.1% for the U.S. For hair salons, the New Ulm area has a Groundwork market score of 52 (upper middle): #253 of 538 scored small-town markets and #15 of 18 scored small-town markets based in Minnesota.
How the New Ulm area compares
The same measures for Minnesota and the whole U.S. Spending per listing divides a year of household spending on all personal care products and services by the hair salons counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.
| Measure | New Ulm area | Minnesota | U.S. |
|---|---|---|---|
| Listings per 10k households | 20.9 | 19.4 | 23.4 |
| Spending per listing | $449K | $564K | $430K |
| Households per official establishment | 2,205 | 1,517 | 1,535 |
| Official establishment growth, 2019–2023 | n/a | −4.2% | +6.0% |
| Population growth, 2020–2025 | −1.5% | +2.1% | +3.1% |
| Spending per household on personal care products and services | $937 | $1,091 | $1,005 |
| Median household income | $69,378 | $89,062 | $80,734 |
| Groundwork market score | 52 | 67 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 5
- Employees, 2023
- 16
- Annual payroll, 2023
- $470K
- One-person businesses, 2023
- 62Businesses with no payroll
- Map listings, September 2026
- 237 chain locations
- Listings at the U.S. rate for this spending
- 24The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 0
- Amount
- $0
SBA-backed loans to businesses classed as beauty salons in the New Ulm area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.
Population and households in the New Ulm area
- Population, 2025 estimate
- 25,517−1.5% since 2020
- Households
- 11,027
- Median age
- 42.8
- Homes lived in by their owners
- 79%
- Vehicles per household
- 2.0
- Land area
- 611 sq. mi.
- People per square mile
- 42
- Median household income
- $69,378+13.5% vs. 2015–2019, before inflation
- Average household income
- $86,644
- Median home value
- $191,200
- Jobs located here
- 13,020
- Daytime population
- 27,131Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the New Ulm area?
These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the hair salons on map listings by name and distance.
Or open the report at the center of the New Ulm area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardHair salons across Minnesota
Every Minnesota market ranked →The highest-scoring small-town markets in Minnesota for hair salons, numbered among those based in Minnesota (a market based in another state is listed without a number), with the New Ulm area marked.
Top small-town markets in Minnesota
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Faribault-Northfield, MN | 77 | 46 | 19.6 | $527K | +4.2% | #21 of 538 |
| 2Hutchinson, MN | 75 | 28 | 18.4 | $547K | −0.3% | #28 of 538 |
| 3Austin, MN | 72 | 24 | 15.3 | $633K | +2.3% | #42 of 538 |
| Wahpeton, ND-MN | 69 | 16 | 16.8 | $580K | 0.0% | #60 of 538 |
| 4Bemidji, MN | 69 | 32 | 17.6 | $538K | +1.8% | #63 of 538 |
| 5Marshall, MN | 68 | 18 | 17.8 | $549K | +1.0% | #71 of 538 |
| 6Detroit Lakes, MN | 66 | 30 | 20.8 | $465K | +0.9% | #84 of 538 |
| 7Red Wing, MN | 64 | 39 | 19.8 | $515K | +1.3% | #105 of 538 |
| 8Winona, MN | 64 | 39 | 19.3 | $496K | +1.8% | #107 of 538 |
| 9Fergus Falls, MN | 64 | 50 | 19.9 | $487K | +1.6% | #108 of 538 |
| 15New Ulm, MN | 52 | 23 | 20.9 | $449K | −1.5% | #253 of 538 |
Other business types in the New Ulm area
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
- Salons, barbers and spas54
- Hair salons52
- Barbershops
- Nail salons
- Spas and skin care50
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
Questions
How many hair salons are in the New Ulm, MN area?
Map listings as of September 2026 show 23 hair salons in the New Ulm area. 7 of them (30%) are chain locations. The listings count hair and beauty salons. Official counts show 5 businesses with payroll classed as beauty salons in 2023. Official counts also show 62 one-person businesses without payroll.
How much do households in the New Ulm, MN area spend on personal care products and services?
About $10.3M a year, or $937 per household. That is 7% below the U.S. average (an index of 93, where 100 is the U.S. average). Spread across the 23 hair salons on map listings, it comes to $449K per salon. That spending covers all personal care products and services, which hair salons share with other businesses in the trade. It is estimated from the incomes of the 11,027 households in the New Ulm area and national spending patterns by income.
How does the New Ulm, MN area compare with the U.S. for hair salons?
The New Ulm area has 20.9 hair salons per 10,000 households, 11% below the U.S. rate of 23.4. Spending per salon is $449K, 4% above the U.S. figure of $430K. At the U.S. ratio of hair salons to household spending, the New Ulm area would have about 24, against 23 on map listings. There is one business with payroll in the industry for every 2,205 households, against one for every 1,535 across the U.S.
How fast is the New Ulm, MN area growing?
Population estimates put the New Ulm area at 25,517 people in 2025, down 1.5% since 2020, against +3.1% for the U.S. It has 11,027 households. Median household income in the New Ulm area is $69,378, 14% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 13.5%, before inflation.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The New Ulm area scores 52 for hair salons (upper middle), #253 of 538 scored small-town markets.
How can I see the market around a specific site?
Run a Groundwork site report on an address in the New Ulm area. It maps the hair salons on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
How the score works · Top markets for hair salons · All 56 business types in the New Ulm area
Screening a site or an acquisition in the New Ulm area?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
The button opens the report at the center of the New Ulm area. Signed out, you see a blurred preview; on an account, each report is one action.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.