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New Germany, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, New Germany, Minnesota had a total population of 595, the 463rd largest city in Minnesota, with a median household income of $93,864, which is 5% higher than the state average. The poverty rate is 4.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

New Germany Quick Facts

Population 595
Median Household Income $93,864
Median Home Value $258,000
Poverty Rate 4.8%
Unemployment Rate 4.1%
Median Age 29.6 years
Homeownership Rate 88.0%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 20.4%
High School Graduation Rate 97.7%
Diversity Index 16/100
Population 595 463rd of 914
Median Income $93,864 top 30%
Poverty Rate 4.8% 62% lower than national
Median Home Value $258,000 top 30%

How New Germany Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population581595+2.4%
Median household income$88,438$93,864+6.1%
Median home value$252,600$258,000+2.1%

How New Germany Compares

Economy & Housing

Household Income Distribution

Under $25K 7.5%
$25K-$50K 10.6%
$50K-$100K 37.2%
$100K+ 44.7%
Detailed income brackets
Under $10K
1.8%
$10K-$15K
0.0%
$15K-$20K
3.1%
$20K-$25K
2.6%
$25K-$30K
3.5%
$30K-$35K
2.6%
$35K-$40K
0.9%
$40K-$45K
0.4%
$45K-$50K
3.1%
$50K-$60K
3.1%
$60K-$75K
17.7%
$75K-$100K
16.4%
$100K-$125K
14.2%
$125K-$150K
13.7%
$150K-$200K
8.4%
$200K+
8.4%

Employment

4.1% Unemployment Rate State: 4.1%|National: 5.2%
84.9% Labor Force Participation

Housing Overview

Owner 88.0%
Renter 12.0%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $1,107/mo 14.2% of median household income annually

People & Demographics

Diversity Index

16out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

New Germany Rankings in Minnesota

#463 Population of 914
#184 Median Income of 887
#446 Education of 914
#248 Home Value of 870

Other Cities in Carver County

CityPopulationMedian IncomePovertyHome Value
Chaska 28,706 $110,956 5.8% $404,700
Waconia 13,434 $111,031 4.0% $431,000
Victoria 11,295 $195,639 2.1% $581,200
Carver 6,239 $147,697 2.5% $445,800
Watertown 4,790 $99,671 7.7% $337,200
Norwood Young America 3,849 $71,364 11.5% $299,300
Mayer 2,518 $124,917 4.9% $342,700
Cologne 2,282 $129,398 5.2% $383,600
Hamburg 547 $72,188 12.6% $239,900
Crown College 422 N/A 0.0% N/A

Cities Similar to New Germany

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
The Lakes594$87,969$397,10028.3%3.5%
Rollingstone620$93,000$239,40028.5%6.7%
Warsaw560$93,750$301,50025.9%6.6%
Hampton590$109,545$318,30022.3%4.8%
Clear Lake579$105,625$281,30019.1%5.0%

A note before these figures: with a population of 595, New Germany's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

New Germany is a small community located in Minnesota, within Carver County. The total population is 595. It ranks as the 463rd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in New Germany is 29.6 years. This is 24% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in New Germany is $93,864. This is 5% higher than the state median of $89,062. It is also 16% higher than the national median of $80,734. The poverty rate stands at 4.8%. This is 49% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.1%. The median home value is $258,000. Housing costs are 22% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.7x, New Germany is one of the most affordable housing markets in the area. 88.0% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 72.2%.

Race & Ethnicity

New Germany has a predominantly White (non-Hispanic) population, comprising 91.8% of all residents. Hispanic or Latino residents account for 4.7%. The Black or African American population (0.2%) is well below the state average of 7.0%. The Asian population (0.5%) is well below the state average of 5.1%.

Education

20.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.7%.

Data Sources & Methodology

All demographic data for New Germany, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of New Germany, Minnesota?

New Germany, Minnesota has a population of 595 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Germany, MN?

The median household income in New Germany is $93,864, which is 16% higher than the national median of $80,734.

What is the poverty rate in New Germany, MN?

The poverty rate in New Germany is 4.8%. This means approximately 28 residents live below the federal poverty line.

What is the racial makeup of New Germany, Minnesota?

New Germany's population is 91.8% White, 0.2% Black, 4.7% Hispanic/Latino, and 0.5% Asian.

What is the median home value in New Germany, MN?

The median home value in New Germany is $258,000. The home-value-to-income ratio is 2.7x.

How educated is New Germany, Minnesota?

20.4% of adults (25+) in New Germany hold a bachelor's degree or higher, and 2.1% hold a graduate or professional degree.