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

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Highlights
- Household income in New Ulm, is 4% less than it is in Lanesboro and is 14% below the National Average.
- Lanesboro unemployment rate is 4.7%.
- New Ulm unemployment rate is 4.8%.

Economy
 Lanesboro, MNNew Ulm, MNUnited States
 Unemployment Rate4.7%4.8%6.0%
 Recent Job Growth0.4%1.6%1.6%
 Future Job Growth29.3%26.6%33.5%
 Sales Taxes7.4%7.9%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$32,992$32,070$37,638
 Household Income$63,523$60,723$69,021
 Family Median Income$85,313$82,588$85,028
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 Est. Households By Income
 Lanesboro, MNNew Ulm, MNUnited States
 Income Less Than 15K11.5%6.6%9.4%
 Income between 15K and 20K3.8%3.8%3.8%
 Income between 20K and 30K7.3%10.1%8.1%
 Income between 30K and 40K7.0%8.8%8.0%
 Income between 40K and 50K7.3%11.4%7.6%
 Income between 50K and 60K8.5%8.6%7.2%
 Income between 60K and 75K11.5%12.0%9.6%
 Income between 75K and 100K15.5%13.3%12.8%
 Income between 100K and 150K21.3%18.9%16.3%
 Income between 150K and 200K2.8%4.0%7.8%
 Income greater than 200K3.5%2.4%9.5%
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 Population By Occupation
 Lanesboro, MNNew Ulm, MNUnited States
 Management, business, finance17.6%10.9%16.4%
 Engineering, computers, science1.6%4.3%6.5%
 Community, social services2.7%2.1%1.8%
 Legal0.0%1.4%1.2%
 Education, library13.2%7.0%6.2%
 Arts, design, media, sports, entertainment2.0%1.8%2.0%
 Healthcare practitioners and technology7.1%5.7%6.2%
 Healthcare support1.8%3.7%3.3%
 Firefighters, law enforcement0.0%0.8%2.1%
 Food preparation, serving6.9%7.4%5.4%
 Building maintenance7.4%3.3%3.6%
 Personal care1.8%2.7%2.6%
 Sales, office, administrative support19.9%19.3%20.9%
 Farming, fishing, forestry2.5%0.3%0.6%
 Construction, extraction, maintenance/repair5.4%6.2%8.1%
 Production, transportation, material moving10.3%23.1%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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ZIPS IN LANESBORO, MINNESOTA
55949
ZIPS IN NEW ULM, MINNESOTA
56073

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