2025 Compare Cities Economy:
Prior Lake, MN vs New Prague, MN

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Highlights
- Household income in New Prague, is 21% less than it is in Prior Lake and is 25% above the National Average.
- Prior Lake unemployment rate is 3.8%.
- New Prague unemployment rate is 4.1%.
 Prior Lake, MNNew Prague, MNUnited States
 Unemployment Rate  Unlock4.1%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth39.9%  Unlock33.5%
 Sales Taxes7.4%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$56,789  Unlock$37,638
 Household Income  Unlock$91,707$69,021
 Family Median Income$130,528  Unlock$85,028
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 Est. Households By Income
 Prior Lake, MNNew Prague, MNUnited States
 Income Less Than 15K  Unlock6.9%9.4%
 Income between 15K and 20K0.9%  Unlock3.8%
 Income between 20K and 30K  Unlock5.3%8.1%
 Income between 30K and 40K2.9%  Unlock8.0%
 Income between 40K and 50K  Unlock11.5%7.6%
 Income between 50K and 60K6.9%  Unlock7.2%
 Income between 60K and 75K  Unlock10.2%9.6%
 Income between 75K and 100K11.4%  Unlock12.8%
 Income between 100K and 150K  Unlock17.4%16.3%
 Income between 150K and 200K12.1%  Unlock7.8%
 Income greater than 200K  Unlock11.9%9.5%
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 Population By Occupation
 Prior Lake, MNNew Prague, MNUnited States
 Management, business, finance20.6%  Unlock16.4%
 Engineering, computers, science  Unlock4.3%6.5%
 Community, social services0.8%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.6%2.0%
 Healthcare practitioners and technology7.5%  Unlock6.2%
 Healthcare support  Unlock2.1%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock9.6%5.4%
 Building maintenance2.5%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support23.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair6.8%  Unlock8.1%
 Production, transportation, material moving  Unlock12.5%13.1%
Reviews for Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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Reviews for New Prague    2 Reviews

Over 4 years ago

I live here and it is a great place to live unless you hate the cold then this is not the place for  More

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New Prague is a friendly, upper-middle class town that is not a direct suburb of the Twin Cities but close enough to them that we can easily take advantage of all the  More

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