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The total population of Newfolden is estimated to be 448 with 199 males (44.42%) and 249 females (55.58%). There are 50 more females than males in Newfolden.
The median household income in Newfolden was $67,106 in 2021, which marked an an increase of 219(0.33%) from $66,887 in 2020. This income is 89.95% 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, Newfolden sees its highest median household income among householders in the age group of under 25 years old, at $94,966. Overall, the median household income for the city of Newfolden stands at $67,106.
In Newfolden, the median income for all workers aged 15 years and older, regardless of work hours, was $47,440 for males and $40,728 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,799 for males and $45,263 for females.
In Newfolden, population is primarily represented by White households, reporting a median income of $67,106.
In 2022, the population of Newfolden was 346, a 1.98% decrease year-by-year from 2021. Previously, in 2021, Newfolden's population was 353, a decline of 0.00% compared to a population of 353 in 2020.
The median age in Newfolden, MN is 35.7, as per 2021 ACS 5-Year Estimates. Of the total population, 22.47% were under the age of 15, 21.72% aged 15 to 29, 41.16% aged 30 to 64, 11.87% aged 65 to 84, and 2.78% were 85 years of age and older.
Racial distribution of Newfolden population: 97.98% are White, 0.51% are Asian and 1.52% are multiracial.