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

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Highlights
- Household income in Wabasha, is 6% less than it is in New Ulm and is 21% below the National Average.
- New Ulm unemployment rate is 4.8%.
- Wabasha unemployment rate is 4.4%.

Economy
 New Ulm, MNWabasha, MNUnited States
 Unemployment Rate4.8%4.4%6.0%
 Recent Job Growth1.6%0.4%1.6%
 Future Job Growth26.6%28.5%33.5%
 Sales Taxes7.9%7.4%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$32,070$35,973$37,638
 Household Income$60,723$57,000$69,021
 Family Median Income$82,588$78,929$85,028
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 Est. Households By Income
 New Ulm, MNWabasha, MNUnited States
 Income Less Than 15K6.6%7.5%9.4%
 Income between 15K and 20K3.8%5.5%3.8%
 Income between 20K and 30K10.1%7.6%8.1%
 Income between 30K and 40K8.8%11.8%8.0%
 Income between 40K and 50K11.4%8.8%7.6%
 Income between 50K and 60K8.6%12.2%7.2%
 Income between 60K and 75K12.0%11.9%9.6%
 Income between 75K and 100K13.3%11.1%12.8%
 Income between 100K and 150K18.9%16.0%16.3%
 Income between 150K and 200K4.0%3.5%7.8%
 Income greater than 200K2.4%4.0%9.5%
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 Population By Occupation
 New Ulm, MNWabasha, MNUnited States
 Management, business, finance10.9%18.3%16.4%
 Engineering, computers, science4.3%2.9%6.5%
 Community, social services2.1%4.1%1.8%
 Legal1.4%0.4%1.2%
 Education, library7.0%3.7%6.2%
 Arts, design, media, sports, entertainment1.8%2.4%2.0%
 Healthcare practitioners and technology5.7%10.7%6.2%
 Healthcare support3.7%4.3%3.3%
 Firefighters, law enforcement0.8%0.5%2.1%
 Food preparation, serving7.4%8.2%5.4%
 Building maintenance3.3%3.6%3.6%
 Personal care2.7%6.8%2.6%
 Sales, office, administrative support19.3%19.9%20.9%
 Farming, fishing, forestry0.3%2.8%0.6%
 Construction, extraction, maintenance/repair6.2%3.2%8.1%
 Production, transportation, material moving23.1%8.4%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 Wabasha    2 Reviews

Over 4 years ago

I’ve lived in the area since 2013, from Alma, WI to Rochester, MN. I moved to Wabasha in 2018. It’s a small town. Everybody knows everybody. Great for biking, hiking,  More

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Over 18 years ago

We really love living here. The area is beautiful. There is lots of wildlife. People are very friendly and really enjoy the outdoors. Being on the river gives people  More

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ZIPS IN NEW ULM, MINNESOTA
56073
ZIPS IN WABASHA, MINNESOTA
55981

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