Groundwork

Small-town market profile · Minnesota

New Ulm, MN area market data

How the New Ulm area compares with other small-town markets for 56 business types: competitors, household spending, official counts and growth.

Population, 2025
25,517
−1.5% since 2020
Households
11,027
Median household income
$69,378
+13.5% vs. 2015–2019, before inflation
Median home value
$191,200
Jobs located here
13,020
Highest market score
67
Restaurants and cafes, #99 of 538 scored small-town markets

A site report maps the competitors on map listings around any address in the New Ulm area by name and distance, and the households and spending within reach. 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.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The New Ulm area has an estimated 25,517 people and 11,027 households. Population estimates put the population change in the New Ulm area from 2020 to 2025 at −1.5%, against +3.1% for the U.S. 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.

Relative to the U.S., household spending in the New Ulm area runs highest on vehicle maintenance and repairs (an index of 116, where 100 is the U.S. average) and lowest on child care and other personal services (61).

Of the business types scored in the New Ulm area, restaurants and cafes (67), coffee shops and cafes (65) and sit-down restaurants (65) have the highest Groundwork market scores. For restaurants and cafes, that ranks #99 of 538 scored small-town markets.

The New Ulm area is made up of one county, Brown County. Against the U.S., map listings per household run highest for insurance agencies (86% above the U.S. rate) and lowest for real estate agents and brokers (61% below the U.S. rate).

All 56 business types in the New Ulm area

Highest Groundwork market score first. Each score compares the New Ulm area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in New Ulm, MN area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Restaurants and cafes67#99 of 5388476.2$477K12942
Coffee shops and cafes65#99 of 52965.4$6.7M1805
Sit-down restaurants65#109 of 5384137.2$978K14719
Doctors, dentists and clinics65#127 of 5385045.3$293K19227
Pet businesses64#103 of 5271110.0$785K893
Dentists and orthodontists64#123 of 52687.3$1.8M1867
Pizza62#139 of 52087.3$5M9917
Gas stations59#172 of 5361412.7$2.2M9412
Convenience stores59#190 of 52998.2$7.2M91Under 3
Grocery and convenience stores57#212 of 5382320.9$2.8M836
Lawn, cleaning and pest control54#193 of 48154.5$2.6M15313
Salons, barbers and spas54#219 of 5383834.5$272K1288
Clothing and shoe stores54#236 of 5361210.9$1.7M1337
Real estate agents and brokers53#214 of 5331311.8Index only209Under 3
Hair salons52#253 of 5382320.9$449K1045
Fast food and sandwich shops52#264 of 5371715.4$2.4M7717
Real estate51#250 of 5361715.4Index only201Under 3
Clothing, shoes and laundry51#258 of 5362018.1$1M1157
Spas and skin care50#247 of 50498.2$1.1M131Under 3
Funeral homes47#189 of 36554.5$401K594
Pet grooming and boarding45#235 of 38754.5$1.7M68Under 3
Tire shops40#297 of 43176.3$1.7M703
Martial arts and dance studios39#263 of 37854.5$1.7M853
Grocery stores34#401 of 506109.1$6.5M696
Auto repair shops34#425 of 5383229.0$382K8622
Car washes and detailing29#386 of 44187.3$1.5M613
Auto repair and car care27#469 of 5386256.2$197K7329
Home repair trades27#489 of 5261614.5$1.8M7331
Chiropractors26#398 of 426109.1$1.5M618
Collision repair and body shops25#352 of 38776.3$1.7M577
Gyms, studios and classes25#493 of 5351917.2$450K689
HVAC and plumbing23#459 of 476109.1$2.8M6014
Gyms22#476 of 5061311.8$658K516
Insurance agencies11#528 of 5373229.0$597K4824
ElectriciansNot scoredNot scored43.6$7.1M5914
Landscaping and lawn careNot scoredNot scored43.6$3.2M1108
LaundromatsNot scoredNot scored43.6$5.1M41Under 3
Optometrists and eye careNot scoredNot scored43.6$3.7M1174
Bakeries and dessert shopsNot scoredNot scored32.7$13.4M3235
BarbershopsNot scoredNot scored32.7$3.4M183Under 3
VeterinariansNot scoredNot scored32.7$2.9M1063
Mortgage brokers and lendersNot scoredNot scored21.8Index onlyToo fewUnder 3
Nail salonsNot scoredNot scored21.8$5.2MToo fewUnder 3
Oil change and quick lubeNot scoredNot scored21.8$6.1MToo fewUnder 3
Property managementNot scoredNot scored21.8Index onlyToo fewUnder 3
Roofing and guttersNot scoredNot scored21.8$14.2MToo few3
Pest controlNot scoredNot scored10.9$12.8MToo fewUnder 3
Physical therapyNot scoredNot scored10.9$14.7MToo few4
Primary care and pediatricsNot scoredNot scored10.9$14.7MToo few4
Yoga, Pilates and fitness studiosNot scoredNot scored10.9$8.6MToo few6
Child care and preschoolsNot scoredNot scored00.0None listedNone listed6
Dry cleanersNot scoredNot scored00.0None listedNone listedUnder 3
Home inspectorsNot scoredNot scored00.0None listedNone listedUnder 3
House cleaningNot scoredNot scored00.0None listedNone listed5
Pet storesNot scoredNot scored00.0None listedNone listedUnder 3
Urgent care and walk-in clinicsNot scoredNot scored00.0None listedNone listedUnder 3

Household spending in the New Ulm area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in New Ulm, MN area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$12.2M$1,109116
Gasoline and other fuels$31.4M$2,848110
Food away from home$40.1M$3,63689
Groceries$64.6M$5,85693
Personal care products and services$10.3M$93793
Child care and other personal services$3.9M$35261
Memberships, classes and admissions$8.6M$77679
Medical and dental services$14.7M$1,330103
Pets$8.6M$78386
Clothing, shoes and related services$20.3M$1,84490
Vehicle insurance$19.1M$1,73188
Home repairs, maintenance and insurance$28.4M$2,58085
Lawn care, cleaning and other household services$12.8M$1,16582
Rent and homeowner costs$148.2M$13,43781

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

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 competitors on map listings by name and distance, for any of the 56 business types.

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.

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Questions

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 rose 13.5% from the 2015–2019 survey, before inflation.

How much do households in the New Ulm, MN area spend?

Households in the New Ulm area spend about $148.2M a year on rent and homeowner costs, $64.6M on groceries and $40.1M on food away from home. Set against the U.S., households in the New Ulm area spend the most on vehicle maintenance and repairs (an index of 116, where 100 is the U.S. average) and the least on child care and other personal services (61).

Which business types have the highest market scores in the New Ulm, MN area?

The highest Groundwork market scores in the New Ulm area are for restaurants and cafes (67), coffee shops and cafes (65) and sit-down restaurants (65). The New Ulm area ranks #99 of 538 scored small-town markets for restaurants and cafes.

How does the New Ulm, MN area compare with the U.S.?

The median household income in the New Ulm area is $69,378 a year, 14% below the U.S. median of $80,734. The population fell 1.5% from 2020 to 2025, against +3.1% for the U.S. The median home value is $191,200, against $332,700 for the U.S. For its number of households, the New Ulm area has the most map listings, relative to the U.S., for insurance agencies (86% above the U.S. rate) and the fewest for real estate agents and brokers (61% below the U.S. rate).

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. 34 of the 56 business types have a score in the New Ulm area, each ranked against other 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 competitors 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.

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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.