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The total population of New Richland is estimated to be 1,020 with 511 males (50.10%) and 509 females (49.90%). There are 2 less females than males in New Richland.
The median household income in New Richland was $48,491 in 2021, which marked an an increase of 912(1.92%) from $47,579 in 2020. This income is 65% 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 Richland sees its highest median household income among householders in the age group of 25 to 44 years old, at $80,237. Overall, the median household income for the city of New Richland stands at $48,491.
In New Richland, the median income for all workers aged 15 years and older, regardless of work hours, was $35,212 for males and $25,286 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,549 for males and $49,027 for females.
In New Richland, population is primarily represented by White households, reporting a median income of $48,591.
In 2022, the population of New Richland was 1,216, a 0.98% decrease year-by-year from 2021. Previously, in 2021, New Richland's population was 1,228, a decline of 0.00% compared to a population of 1,228 in 2020.
The median age in New Richland, MN is 42.2, as per 2021 ACS 5-Year Estimates. Of the total population, 18.11% were under the age of 15, 18.41% aged 15 to 29, 39.44% aged 30 to 64, 19.11% aged 65 to 84, and 4.93% were 85 years of age and older.
Racial distribution of New Richland population: 99.30% are White, 0.50% are Asian and 0.20% are multiracial.