New Ulm, Minnesota Economy Profile

Official State Website URL- http://www.state.mn.us

New Ulm, Minnesota Economy

69.71% of people are in the labor force of New Ulm, Minnesota. The total population of New Ulm, Minnesota is 13,594 people. Per capita income in New Ulm, Minnesota is equal to twenty thousand, three hundred and eight dollars. On an average, male full-time, year-round workers in New Ulm, Minnesota, receive $34,196, female full-time, year-round workers in New Ulm, Minnesota, are paid twenty-four thousand, nine hundred and seventy dollars. There are 127 families with female householder, no husband present.

Self-employed workers in own not incorporated business make up 5.97% of workers in New Ulm, Minnesota. Eighty-three point two seven percent comprise private wage and salary workers in New Ulm, Minnesota. There are fourteen Unpaid family workers in New Ulm, Minnesota. Two hundred and fifty-six people are involved in public administration. 21.2% of workers provide educational, health and social services in New Ulm, Minnesota. The percentage of people involved into transportation and warehousing, and utilities in New Ulm, Minnesota is as follows: 4.55%.

	New Ulm, Minnesota	%, New Ulm, Minnesota	United States
Population 16 years and over	10,923		217,168,077
In labor force	7,614	69.71%	63.92%
- Civilian labor force	7,605	69.62%	63.39%
- - Employed	7,269	66.55%	59.73%
- - Unemployed	336	3.08%	3.66%
- - - Percent of civilian labor force	4.4		5.8
- Armed Forces	9	0.08%	0.53%
Not in labor force	3,309	30.29%	36.08%
Females 16 years and over	5,708	52.26%	51.66%
In labor force	3,726	34.11%	29.72%
- Civilian labor force	3,726	34.11%	29.65%
- - Employed	3,641	33.33%	27.92%
Own children under 6 years	685	6.27%	10.05%
All parents in family in labor force	561		12,787,501
COMMUTING TO WORK
Workers 16 years and over	7,132		128,279,228
Car, truck, or van -- drove alone	5,705	79.99%	75.7%
Car, truck, or van -- carpooled	534	7.49%	12.19%
Public transportation (including taxicab)	69	0.97%	4.73%
Walked	469	6.58%	2.93%
Other means	94	1.32%	1.19%
Worked at home	261	3.66%	3.26%
Mean travel time to work (minutes)	12.5	0.18%	25.5
Employed civilian population 16 years and over	7,269		129,721,512
OCCUPATION
Management, professional, and related occupations	1,892	26.03%	33.65%
Service occupations	1,218	16.76%	14.86%
Sales and office occupations	1,777	24.45%	26.69%
Farming, fishing, and forestry occupations	49	0.67%	0.73%
Construction, extraction, and maintenance occupations	538	7.4%	9.45%
Production, transportation, and material moving occupations	1,795	24.69%	14.62%
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining	85	1.17%	1.87%
Construction	274	3.77%	6.78%
Manufacturing	1,844	25.37%	14.1%
Wholesale trade	136	1.87%	3.6%
Retail trade	962	13.23%	11.73%
Transportation and warehousing, and utilities	331	4.55%	5.2%
Information	211	2.9%	3.08%
Finance, insurance, real estate, and rental and leasing	247	3.4%	6.89%
Professional, scientific, management, administrative, and waste management services	482	6.63%	9.3%
Educational, health and social services	1,541	21.2%	19.92%
Arts, entertainment, recreation, accommodation and food services	558	7.68%	7.87%
Other services (except public administration)	342	4.7%	4.87%
Public administration	256	3.52%	4.79%
CLASS OF WORKER
Private wage and salary workers	6,053	83.27%	78.47%
Government workers	768	10.57%	14.59%
Self-employed workers in own not incorporated business	434	5.97%	6.63%
Unpaid family workers	14	0.19%	0.31%

	New Ulm, Minnesota	%, New Ulm, Minnesota	United States
INCOME IN 1999
Households	5,467		105,539,122
Less than $10,000	425	7.77%	9.54%
$10,000 to $14,999	466	8.52%	6.31%
$15,000 to $24,999	690	12.62%	12.83%
$25,000 to $34,999	803	14.69%	12.81%
$35,000 to $49,999	981	17.94%	16.53%
$50,000 to $74,999	1,302	23.82%	19.46%
$75,000 to $99,999	483	8.83%	10.23%
$100,000 to $149,999	206	3.77%	7.72%
$150,000 to $199,999	30	0.55%	2.2%
$200,000 or more	81	1.48%	2.37%
Median household income (dollars)	40,044		41,994
With earnings	4,196	38.41%	39.12%
- Mean earnings (dollars)	50,454		56,604
With Social Security income	1,793	16.41%	12.47%
- Mean Social Security income (dollars)	11,276		11,320
With Supplemental Security Income	240	2.2%	2.13%
- Mean Supplemental Security Income (dollars)	5,323		6,320
With public assistance income	156	1.43%	1.67%
- Mean public assistance income (dollars)	1,925		3,032
With retirement income	802	7.34%	8.13%
- Mean retirement income (dollars)	14,077		17,376
Families	3,552		72,261,780
Less than $10,000	100	2.82%	5.75%
$10,000 to $14,999	122	3.43%	4.31%
$15,000 to $24,999	307	8.64%	10.74%
$25,000 to $34,999	422	11.88%	12.02%
$35,000 to $49,999	747	21.03%	17.13%
$50,000 to $74,999	1,142	32.15%	22.32%
$75,000 to $99,999	415	11.68%	12.47%
$100,000 to $149,999	193	5.43%	9.6%
$150,000 to $199,999	30	0.84%	2.75%
$200,000 or more	74	2.08%	2.92%
Median family income (dollars)	51,309		50,046
Per capita income (dollars)	20,308		21,587
Median earnings (dollars):
Male full-time, year-round workers	34,196		37,057
Female full-time, year-round workers	24,970		27,194
POVERTY STATUS IN 1999 (below poverty level)
Families	165		6,620,945
With related children under 18 years	147	89.09%	77.87%
- With related children under 5 years	97	58.79%	38.7%
Families with female householder, no husband present	127		3,315,916
With related children under 18 years	127	100.0%	88.68%
- With related children under 5 years	96	75.59%	42.27%
Individuals	790		33,899,812
18 years and over	560	70.89%	65.35%
- 65 years and over	224	28.35%	9.7%
Related children under 18 years	217	27.47%	33.59%
- Related children 5 to 17 years	146	18.48%	23.52%
Unrelated individuals 15 years and over	351	44.43%	31.63%

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