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New Ulm Minnesota Real Estate By Jennifer Hershey

New Ulm Minnesota Real Estate

New Ulm, Minnesota, is located in Brown County, 63 miles SW of Eden Prairie, Minnesota and 337 miles W of Milwaukee, Wisconsin. New Ulm has a population of 13,594.

New Ulm Homes

New Ulm properties pool is 5,488 residential properties including New Ulm new homes. Median age of real estate in New Ulm is 1959. Average Household size is 2.89 people. 3% are one bedroom homes, 21% are 2 bedroom homes, 49% are 3 bedroom homes, 24% are 4 bedroom homes, and 3% are 5+ bedroom homes.

New Ulm Mortgage Statistics

New Ulm mortgages vs. USA median statistics

Homes New Ulm USA
Homes With No Mortgage 39%
30%
Homes With Mortgage 61%
70%
First Mortgage Only 47%
54%
First & Second Mortgage or HELOC 14%
16%

New Ulm Area Real Estate Tax

New Ulm Real estate Tax: Median Real Estate Taxes (2000) were $996 comparing to 1999 Median Family income $ 51,309. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

New Ulm School District: Children make up 23.1% of New Ulm population. New Ulm has 3,141 under 18 years old residents, or 0.44 kids per one worker, or 0.57 kids per one household.

New Ulm Real Estate & New Ulm Homeownership

There are 1701.28 or 31% one person households, 1975.68 or 36% two person households, and 768.32 or 14% three person households in New Ulm, Minnesota. Median residents age is 37.8, Senior citizens (65+) make up 2,251 or 16.6%% of New Ulm population.

There are 7,132 workers (over 16 years of age) in New Ulm. Of these, 87.48% drive to work. Approximately 0.97% of workers in New Ulm take public transportation. An estimated 6.58% walk to work.

Median New Ulm homeowner's housing expences are 16.1%

Crime in New Ulm (2003), crimes per 10,000 residents per year

Type of Crime New Ulm USA, 2003
Violent Crimes
11.77
47.5
Robberies
NaN
14.2
Aggravated Assaults
9.56
29.5
Property Crimes
260.41
358.8
Burglaries
38.99
74.0
Larceny-Thefts
211.86
241.5
Motor Vehicle Thefts
9.56
43.3

Invest in New Ulm Properties

When making a decision about buying real estate in New Ulm Minnesota area, you should consider following statistical data:

Category New Ulm USA
Near Medium City
Eden Prairie, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
New Ulm Zip Codes
56073
-
New Ulm Area Codes
507
-
White population
98.1%
75.1%
African-American population
0.11%
12.3%
Asian
0.46%
3.6%
American Indian & Alaskan
0.15%
0.9%
Hispanic (of any race)
1.26%
12.5%
Median Family Income (1999)
$ 51,309%
$42,000
Population Below Poverty Level
5.81%
12.4%

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