Below Average CostSafer than AverageNRHEG SCHOOL DISTRICT
Median Income
$54,464
household / year
Median Home Value
$128,500
owner-occupied
Median Rent
$629
gross / month
Cost of Living
91
national avg = 100
Is New Richland, MN a Good Place to Live?
New Richland is a small town of 1,020 in Minnesota, with a median household income of $54,464
and a 5.0% unemployment rate.
Its cost of living index is 91 (US average = 100), which is
9% below the national average.
Strengths:
New Richland stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B).
Trade-offs:
No major red flags stand out in the available data. Whether New Richland is right for you depends on your priorities — the full breakdown is below.
All New Richland city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 91.0
New Richland's overall cost of living index is 91.0,
where 100 represents the US national average.
Living in New Richland costs roughly 9% less than the average American city.
Metric
New Richland, MN
National Avg
Median Home Value
$128,500
$244,900
Median Monthly Rent
$629
$1,163
Homeownership Rate
78.6%
65.9%
Median Household Income
$54,464
$74,755
Crime & Safety
Safer than Average
New Richland's violent crime rate is 330.3 per 100,000 residents
— 13% lower than the national average of ~380 per 100,000.
Violent Crime
330.3 /100k
Property Crime
908.3 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
New Richland is served primarily by NRHEG SCHOOL DISTRICT.
The student-to-teacher ratio is 13.0:1
(better than the national average of ~16:1).
Metric
New Richland, MN
National Avg
School District
NRHEG SCHOOL DISTRICT
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
13.0:1
16:1
Bachelor's Degree or Higher
15.4%
35.4%
High School Diploma or Higher
94.4%
91.1%
Weather & Climate
New Richland sees average highs of 21.7°F in January
and 81.3°F in July,
with 37.2 inches of annual precipitation
and 52.3 inches of snow per year.
New Richland's cost of living index is 91, where 100 is the national average.
That makes New Richland roughly 9% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $128,500 and median rent is $629/month.
New Richland's violent crime rate is 330.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 908.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Richland are operated by NRHEG SCHOOL DISTRICT.
The district has 1 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 13.0:1. 15.4% of adults 25+ hold a bachelor's degree or higher.
New Richland, MN has a population of 1,020, a median household income of $54,464, and an unemployment rate of 5.0%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Richland averages 21.7°F in January and 81.3°F in July. Annual rainfall is 37.2 inches
with about 52.3 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Richland, MN is covered by 1 ZIP code: 56072.
The population of New Richland, Minnesota is 1,020 with a median age of 40.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Richland: cost of living index 91 (100 = US average), median home $128,500, median household income $54,464, crime index 69 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare New Richland side by side with your current city to see the trade-offs.