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The total population of New Munich is estimated to be 297 with 162 males (54.55%) and 135 females (45.45%). There are 27 less females than males in New Munich.
The median household income in New Munich was $83,939 in 2021, which marked an an increase of 9,152(12.24%) from $74,787 in 2020. This income is 112.51% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Munich sees its highest median household income among householders in the age group of 25 to 44 years old, at $87,487. Overall, the median household income for the city of New Munich stands at $83,939.
In New Munich, the median income for all workers aged 15 years and older, regardless of work hours, was $47,082 for males and $31,977 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,018 for males and $51,537 for females.
In New Munich, population is primarily represented by White households, reporting a median income of $83,939.
In 2022, the population of New Munich was 362, a 0.84% increase year-by-year from 2021. Previously, in 2021, New Munich's population was 359, an increase of 0.56% compared to a population of 357 in 2020.
The median age in New Munich, MN is 37.4, as per 2021 ACS 5-Year Estimates. Of the total population, 24.20% were under the age of 15, 15.29% aged 15 to 29, 43.31% aged 30 to 64, 13.06% aged 65 to 84, and 4.14% were 85 years of age and older.
Racial distribution of New Munich population: 98.09% are White and 1.91% are multiracial.