New Ulm, MN · standard

ZIP Code 56073

Brown County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

16,759
32/sq mi Moderate-density area
$70,250
Median income Near-median income area
$218,700
Median home value Near-median home value
27.2%
Bachelor's or higher Near-average bachelor's attainment

National ZIP placement

New Ulm pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.

47th pct
household income, US ZIPs
49th pct
home value, US ZIPs
32
people per sq mi
78%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56073 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 56073 (New Ulm, MN) rose +10.9% from 2023 to 2024. The all-transactions index moved from 189.4 in 2023 to 210.0 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 56073 is a mid-sized community (a standard USPS delivery area) in New Ulm, Brown County, Minnesota, home to 16,759 residents across 517.3 square miles, a density of 32 people per square mile, in the Chicago time zone.

ZIP 56073 lands in the middle-income range, with a median household income of $70,250 (14% below the average Minnesota ZIP), while per-capita income is $37,912. The poverty rate is 8.2%, with unemployment at 2.8%; those measures add context to the income figure. Median home value is $218,700 (14% below the average Minnesota ZIP) and median rent is $959; 77.9% of occupied homes are owner-occupied.

Educational attainment sits below the national norm: 27.2% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 14 minutes. The page also surfaces 1 ZIP codes within roughly 10 miles and 5 more in Brown County, so 56073 can be compared with both its immediate and county-level context.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

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Top industries in ZIP 56073

Top 5 sectors by establishment count in New Ulm, MN

Which industries have the most business establishments in ZIP 56073.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 56073, New Ulm, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

16,759

Population

517.3

Area (sq mi)

32

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 56073?

41.0

Median Age

49.6%

Male

50.4%

Female

2.0%

Foreign-Born

White 95.1%
African American 0.7%
Asian 0.6%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.1%
Hispanic or Latino 2.9%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$70,250

Median Household Income

-14% vs state ZIP avg

$37,912

Per Capita Income

8.2%

Poverty Rate

2.8%

Unemployment Rate

13.7 min

Mean Commute Time

How ZIP 56073 ranks among Minnesota ZIPs

New Ulm, MN household income vs. every Minnesota ZIP code

Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$70,250 31st percentile higher than 31% of 864 Minnesota ZIPs

This ZIP $0 $200K+ every Minnesota ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more Minnesota ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 60.6%
Bachelor's Degree or Higher 27.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

7,718

Total Housing Units

7,344

Occupied Units

374

Vacant Units

2.23

Avg Household Size

Occupancy Type

Owner 77.9%
Renter 22.1%

$218,700

Median Home Value

-14% vs state ZIP avg

$959

Median Rent

1967

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+10.9%

YoY Change (2024)

210

HPI Index (2000 = 100)

+110%

Total Change Since 2000

Home values in ZIP 56073 have increased 10.9% over the past year (2024). Since 2000, this ZIP has seen +110% cumulative appreciation.

Year Annual Change HPI Index
2020 +0.4% 149
2021 +8.7% 162
2022 +11.4% 180
2023 +5.0% 189
2024 +10.9% 210

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 499 business establishments in ZIP 56073, employing approximately 9,829 people with a combined annual payroll of $497,545,000.

499

Businesses

9,829

Employees

$497.5M

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Retail trade 66 13.2%
Health care and social assistance 63 12.6%
Construction 60 12.0%
Other services (except public administration) 56 11.2%
Accommodation and food services 43 8.6%
Professional, scientific, and technical services 35 7.0%
Finance and insurance 32 6.4%
Manufacturing 30 6.0%
Transportation and warehousing 26 5.2%
Administrative and support and waste management and remediation services 20 4.0%
Arts, entertainment, and recreation 19 3.8%
Wholesale trade 14 2.8%
Real estate and rental and leasing 12 2.4%
Educational services 9 1.8%
Information 6 1.2%
Agriculture, forestry, fishing and hunting 5 1.0%
Management of companies and enterprises 3 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 56073 vs 56054 →

ZIP Code City Population Distance
56054 Lafayette, MN 923 10.1 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 56073, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (16,759 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Brown County

Frequently Asked Questions

What county is ZIP code 56073 in?

ZIP code 56073 (New Ulm) is located in Brown County, Minnesota. Brown County contains multiple ZIP codes, see the full list at /counties/brown-mn.

What is the population of ZIP code 56073?

ZIP code 56073 in New Ulm, MN has a population of 16,759 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 56073?

The median household income in ZIP 56073 is $70,250, which is 8% below the national average of $76,288.

What is the average home value in ZIP 56073?

The median home value in ZIP 56073 is $218,700, which is 21% below the national average of $278,155.

What is the demographic makeup of ZIP 56073?

The largest racial group in ZIP 56073 is White at 95.1%. Hispanic or Latino residents make up 2.9% of the population.

How many businesses are in ZIP code 56073?

ZIP code 56073 has 499 business establishments employing approximately 9,829 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 56073?

The top industries by establishment count in ZIP 56073 are: Retail trade (66), Health care and social assistance (63), Construction (60). There are 17 industry sectors represented in total.

How have home values changed in ZIP code 56073?

According to the FHFA House Price Index, home values in ZIP 56073 increased by 10.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 110%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 56073?

In ZIP code 56073, 60.6% of residents aged 25+ have a high school diploma or higher, and 27.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).

What is the average commute time in ZIP 56073?

The mean commute time for workers in ZIP code 56073 is 13.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.

What percentage of residents own vs. rent in ZIP 56073?

In ZIP code 56073, approximately 77.9% of occupied housing units are owner-occupied and 22.1% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 56073?

The poverty rate in ZIP code 56073 is 8.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 56073's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

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Read our methodology : how this data is sourced, computed, and verified.

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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.