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2024 Compare Cities Economy:
New Ulm, MN vs Red Wing, MN

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Highlights
- Household income in Red Wing, is 1% more than it is in New Ulm and is 13% below the National Average.
- New Ulm unemployment rate is 4.8%.
- Red Wing unemployment rate is 4.6%.

Economy
 New Ulm, MNRed Wing, MNUnited States
 Unemployment Rate4.8%4.6%6.0%
 Recent Job Growth1.6%0.7%1.6%
 Future Job Growth26.6%28.0%33.5%
 Sales Taxes7.9%7.4%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$32,070$34,117$37,638
 Household Income$60,723$61,040$69,021
 Family Median Income$82,588$78,313$85,028
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 Est. Households By Income
 New Ulm, MNRed Wing, MNUnited States
 Income Less Than 15K6.6%10.5%9.4%
 Income between 15K and 20K3.8%5.2%3.8%
 Income between 20K and 30K10.1%6.6%8.1%
 Income between 30K and 40K8.8%10.3%8.0%
 Income between 40K and 50K11.4%6.6%7.6%
 Income between 50K and 60K8.6%10.1%7.2%
 Income between 60K and 75K12.0%12.0%9.6%
 Income between 75K and 100K13.3%14.1%12.8%
 Income between 100K and 150K18.9%13.0%16.3%
 Income between 150K and 200K4.0%8.1%7.8%
 Income greater than 200K2.4%3.6%9.5%
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 Population By Occupation
 New Ulm, MNRed Wing, MNUnited States
 Management, business, finance10.9%9.5%16.4%
 Engineering, computers, science4.3%2.6%6.5%
 Community, social services2.1%1.5%1.8%
 Legal1.4%0.6%1.2%
 Education, library7.0%8.0%6.2%
 Arts, design, media, sports, entertainment1.8%1.9%2.0%
 Healthcare practitioners and technology5.7%6.6%6.2%
 Healthcare support3.7%4.9%3.3%
 Firefighters, law enforcement0.8%2.2%2.1%
 Food preparation, serving7.4%6.7%5.4%
 Building maintenance3.3%5.8%3.6%
 Personal care2.7%3.2%2.6%
 Sales, office, administrative support19.3%19.4%20.9%
 Farming, fishing, forestry0.3%0.8%0.6%
 Construction, extraction, maintenance/repair6.2%8.4%8.1%
 Production, transportation, material moving23.1%17.8%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 Red Wing    6 Reviews

Red Wing is a small town located equidistant between the Twin Cities and Rochester and is situated on the Mississippi river. Much of the big city culture of Minneapolis  More

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Over 11 years ago

Red Wing is a pretty town along the river. It does have some things outsiders need to be aware of if you take the plunge. The town is OLD, as in the citizens. If  More

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Over 16 years ago

It's a very nice town on the Missippi but too cold in winter---hot & humid in summer but a great spring & fall. If you like the changing seasons, it's ideal.  More

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ZIPS IN NEW ULM, MINNESOTA
56073
ZIPS IN RED WING, MINNESOTA
55066

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