New Ulm, a city located in the state of Minnesota (MN), is home to a population of approximately 14,055 people. New Ulm boasts a median age of 38.9, with around 27.6% of its residents aged 60 or above. 5.2% of the population identifies as US Veterans. 12.4% of New Ulm residents are disabled. The city has an average household income of $59,985, while the unemployment rate stands at 2.8%, and around 8.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in New Ulm is $170,252, with a monthly rent averaging $883.