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2024 Compare Cities Economy:
New Ulm, MN vs Owatonna, MN

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Highlights
- Household income in Owatonna, is 18% more than it is in New Ulm and is 3% above the National Average.
- New Ulm unemployment rate is 4.8%.
- Owatonna unemployment rate is 4.7%.

Economy
 New Ulm, MNOwatonna, MNUnited States
 Unemployment Rate4.8%4.7%6.0%
 Recent Job Growth1.6%-2.3%1.6%
 Future Job Growth26.6%15.1%33.5%
 Sales Taxes7.9%7.4%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$32,070$37,466$37,638
 Household Income$60,723$71,450$69,021
 Family Median Income$82,588$96,502$85,028
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 Est. Households By Income
 New Ulm, MNOwatonna, MNUnited States
 Income Less Than 15K6.6%8.3%9.4%
 Income between 15K and 20K3.8%2.9%3.8%
 Income between 20K and 30K10.1%8.8%8.1%
 Income between 30K and 40K8.8%10.1%8.0%
 Income between 40K and 50K11.4%7.4%7.6%
 Income between 50K and 60K8.6%5.9%7.2%
 Income between 60K and 75K12.0%8.9%9.6%
 Income between 75K and 100K13.3%15.6%12.8%
 Income between 100K and 150K18.9%17.6%16.3%
 Income between 150K and 200K4.0%9.1%7.8%
 Income greater than 200K2.4%5.5%9.5%
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 Population By Occupation
 New Ulm, MNOwatonna, MNUnited States
 Management, business, finance10.9%13.5%16.4%
 Engineering, computers, science4.3%6.6%6.5%
 Community, social services2.1%2.8%1.8%
 Legal1.4%0.7%1.2%
 Education, library7.0%5.8%6.2%
 Arts, design, media, sports, entertainment1.8%1.2%2.0%
 Healthcare practitioners and technology5.7%6.1%6.2%
 Healthcare support3.7%2.1%3.3%
 Firefighters, law enforcement0.8%2.1%2.1%
 Food preparation, serving7.4%4.5%5.4%
 Building maintenance3.3%2.5%3.6%
 Personal care2.7%2.3%2.6%
 Sales, office, administrative support19.3%19.2%20.9%
 Farming, fishing, forestry0.3%0.6%0.6%
 Construction, extraction, maintenance/repair6.2%7.3%8.1%
 Production, transportation, material moving23.1%22.8%13.1%

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Reviews for New Ulm    2 Reviews

Well, hmmm. I did not care for it here. But then again, it was tainted by Catholic issues. (I had those until recently when I quit). I also tried Lutherans - no  More

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Many areas (employers, city government, local hospital, etc.) are all working to make the city 'the healthiest place to  More

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Reviews for Owatonna    1 Reviews

OWATONNA, WITH A POPULATION OF LESS THAN 30,000, SITS RIGHT ON US INTERSTATE 35... ONLY 45 MINUTES TO MAYO CLINIC, 45 MINUTES TO MSP/ST PAUL INTERNATIONAL AIRPORT!   More

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ZIPS IN NEW ULM, MINNESOTA
56073
ZIPS IN OWATONNA, MINNESOTA
55060

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