New Richland

Population: 1,068
Median household income: $62,841
Median home value: $133,000

New Richland is a community in Waseca County, Minnesota, home to 1,068 residents. The median household income of $62,841 is below the Waseca County median ($75,052).

Between 2019 and 2023, New Richland's population declined 6.0% from 1,136 to 1,068, while its median home value rose 37.1% from $97,000 to $133,000.

White (non-Hispanic) residents are the largest group, 97.6% of the population. 79.1% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 1,068
Median age: 40.9 yrs
Median household income: $62,841
Median home value: $133,000
Median gross rent: $544
Housing units: 453
Homeownership rate: 86.4%
Bachelor's degree or higher: 15.1%
Unemployment rate: 2.0%

Trends

ACS 5-year · 2019–2023

Population

1,1361,068

Median household income

$50,500$62,841

Median home value

$97,000$133,000

Median gross rent

$494$544

Year	Population	Median household income	Median home value	Median gross rent
2019	1,136	$50,500	$97,000	$494
2020	1,039	$41,989	$102,200	$477
2021	994	$44,861	$112,300	$559
2022	1,020	$54,464	$128,500	$629
2023	1,068	$62,841	$133,000	$544

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.5%

5 to 1718.4%

18 to 249.2%

25 to 349.0%

35 to 4412.0%

45 to 544.0%

55 to 6413.5%

65 to 7413.2%

75 and over15.3%

	Count	Share
Under 5	59	5.5%
5 to 17	196	18.4%
18 to 24	98	9.2%
25 to 34	96	9.0%
35 to 44	128	12.0%
45 to 54	43	4.0%
55 to 64	144	13.5%
65 to 74	141	13.2%
75 and over	163	15.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,042	97.6%
Black or African American	5	0.5%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	21	2.0%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma4.9%

High school graduate36.9%

Some college or associate's43.1%

Bachelor's degree11.2%

Graduate or professional degree3.9%

	Count	Share
No high school diploma	35	4.9%
High school graduate	264	36.9%
Some college or associate's	308	43.1%
Bachelor's degree	80	11.2%
Graduate or professional degree	28	3.9%

Commute to work

Mean travel time to work: 26 min

Drove alone79.1%

Carpooled9.9%

Public transit0.4%

Walked4.3%

Bicycle0.0%

Worked from home6.4%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	385	79.1%
Carpooled	48	9.9%
Public transit	2	0.4%
Walked	21	4.3%
Bicycle	0	0.0%
Worked from home	31	6.4%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	128	28.1%
15 to 29 min	143	31.4%
30 to 44 min	128	28.1%
45 to 59 min	27	5.9%
60+ min	30	6.6%

Households

Average household size: 2.38
Poverty rate: 5.7% (56 of 988)

	Count	Share
Family households	272	65.1%
Nonfamily households	146	34.9%

Housing

Median year structure built: 1955

Occupancy

	Count	Share
Occupied	418	92.3%
Vacant	35	7.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	361	86.4%
Renter-occupied	57	13.6%

1-unit, detached86.5%

1-unit, attached0.0%

2 to 4 units0.9%

5 to 19 units7.3%

20 or more units5.3%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	392	86.5%
1-unit, attached	0	0.0%
2 to 4 units	4	0.9%
5 to 19 units	33	7.3%
20 or more units	24	5.3%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2745862
Type (LSAD): 25
Land area: 0.59 sq mi
Water area: 0 sq mi
Center point: 43.8939, -93.4939