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New Prague city, Minnesota Demographics & Population 2026

As of 2026, New Prague city, Minnesota has a total population of 8,195, the 118th largest city in Minnesota, with a median household income of $98,424, which is 12% higher than the state average. The poverty rate is 3.1%.

Key Takeaways

New Prague city Quick Facts

Population 8,195
Median Household Income $98,424
Median Home Value $323,500
Poverty Rate 3.1%
Unemployment Rate 3.1%
Median Age 34.4 years
Homeownership Rate 77.4%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 31.5%
High School Graduation Rate 97.4%
Diversity Index 13/100
Population 8,195 118th of 913
Median Income $98,424 top 20%
Poverty Rate 3.1% 75% lower national
Median Home Value $323,500 top 20%

How New Prague city Compares

Economy & Housing

Employment

3.1% Unemployment Rate State: 3.9% | National: 5.2%
71.3% Labor Force Participation

Housing Overview

Owner 77.4%
Renter 22.6%
Affordability Index Affordable
3.3x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

New Prague city Rankings in Minnesota

#118 Population of 913
#140 Median Income of 913
#203 Education of 913
#129 Home Value of 913

Other Cities in Scott County

CityPopulationMedian IncomePovertyHome Value
Shakopee city 45,002 $110,989 5.1% $361,400
Savage city 32,706 $122,646 4.8% $395,600
Prior Lake city 27,832 $130,278 2.9% $429,900
Belle Plaine city 7,401 $96,831 2.7% $280,400
Jordan city 6,704 $110,139 6.1% $319,000
Credit River city 5,531 $149,524 1.6% $577,600
Elko New Market city 4,915 $147,381 0.0% $407,400

Cities Similar to New Prague city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
St. Francis city8,279$101,875$297,80015.1%7.2%
Wyoming city8,063$101,938$328,90033.3%3.3%
Belle Plaine city7,401$96,831$280,40027.6%2.7%
Albertville city8,066$126,307$326,40041.3%0.6%
Mound city9,176$91,370$348,60042.9%9.0%

Population Overview

New Prague city is a small city located in Minnesota, within Scott County. The total population is 8,195. It ranks as the 118th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in New Prague city is 34.4 years. This is 11% lower than the state median of 38.6 years. With 31.2% of the population under 18, New Prague city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in New Prague city is $98,424. This is 12% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 25% higher. The poverty rate stands at 3.1%. This is 66% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.1%. This is 21% lower than the state rate of 3.9%. The median home value is $323,500. Housing costs are 6% higher than the state median of $305,500. The home-value-to-income ratio is 3.3x. 77.4% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 72.4%.

Race & Ethnicity

New Prague city has a predominantly White (non-Hispanic) population, comprising 92.9% of all residents. Asian residents account for 1.7%. The Hispanic or Latino population (1.5%) is well below the state average of 6.2%. The Asian population (1.7%) is well below the state average of 5.0%.

Education

31.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.4%.

Data Sources & Methodology

All demographic data for New Prague city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of New Prague city, Minnesota?

New Prague city, Minnesota has a population of 8,195 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Prague city, MN?

The median household income in New Prague city is $98,424, which is 25% higher the national median of $78,538.

What is the poverty rate in New Prague city, MN?

The poverty rate in New Prague city is 3.1%. This means approximately 254 residents live below the federal poverty line.

What is the racial makeup of New Prague city, Minnesota?

New Prague city's population is 92.9% White, 0.0% Black, 1.5% Hispanic/Latino, and 1.7% Asian.

What is the median home value in New Prague city, MN?

The median home value in New Prague city is $323,500. The home-value-to-income ratio is 3.3x.

How educated is New Prague city, Minnesota?

31.5% of adults (25+) in New Prague city hold a bachelor's degree or higher, and 10.1% hold a graduate or professional degree.