Fairmont vs New Ulm

Side-by-side comparison of Fairmont, MN and New Ulm, MN - population, economics, education, health, hospitals, climate, and cost of living from official U.S. government data.

Reading a Fairmont vs New Ulm comparison, what matters, what doesn't

Fairmont (10K residents in Minnesota) and New Ulm (13K residents in Minnesota) differ first on the three numbers nearly every comparison starts with: median household income ($53,084 vs $64,449), median home value ($169,900 vs $204,200), and median rent ($738 vs $962 per month). Those three are highly correlated within a region but often decouple across regions because they respond to different levers, income tracks the local job market, home values track housing supply plus interest-rate pressure, and rent tracks short-run vacancy. Comparing all three at once is how you spot whether a city is "expensive because people earn a lot" or "expensive despite what they earn."

The second layer is the layer most headline comparisons skip. Poverty rate (15.3% vs 9.2%) and unemployment (3.1% vs 3%) describe the distribution under the median, which two cities with similar averages can present very differently. The share with a bachelor's degree or higher (25.7% vs 27.9%) is the single best proxy for income trajectory over the next decade. On healthcare, CMS Hospital Compare credits Fairmont with 1 hospital (avg rating 5/5) vs New Ulm's 1 (avg 5/5).

Areazine renders each row with a national-average tick mark precisely so you can tell in one glance whether both cities are above/below the U.S. norm (they often are, cities with active residential markets self-select for certain profiles) rather than focusing on which is "better." For life decisions, where to relocate, where to retire, where to enroll a child in school, pair this page with the individual city profiles below, where health indicators, hospital ratings, school counts, and climate normals appear in full rather than as the compressed single row you see here.

Fairmont
Minnesota
Pop: 10K
Income: $53,084
Home: $169,900
New Ulm
Minnesota
Pop: 13K
Income: $64,449
Home: $204,200

Head-to-Head Summary

Side-by-side comparison of Fairmont and New Ulm on key metrics
Metric Fairmont New Ulm
Population 10K 13K
Median Household Income $53,084 $64,449
Median Home Value $169,900 $204,200
Median Rent $738/mo $962/mo
Poverty Rate 15.3% 9.2%
Unemployment Rate 3.1% 3%
Bachelor's Degree+ 25.7% 27.9%

Population

Source: U.S. Census Bureau ACS 2024 (5-year)
Population
10K
Population
13K
Median Age
46.6 yrs
Median Age
39.3 yrs
10-Year Pop Growth
-4%
10-Year Pop Growth
+1%

Economics

Source: U.S. Census Bureau ACS 2024 (5-year)
Median Household Income
$53,084
Median Household Income
$64,449
Median Home Value
$169,900
Median Home Value
$204,200
Median Rent
$738
Median Rent
$962
Poverty Rate
15.3%
Poverty Rate
9.2%
Unemployment Rate
3.1%
Unemployment Rate
3%
10-Year Income Growth
+23%
10-Year Income Growth
+44%

Education & Work

Source: U.S. Census Bureau ACS 2024 (5-year)
Bachelor's Degree or Higher
25.7%
Bachelor's Degree or Higher
27.9%
Work From Home
6.7%
Work From Home
5.6%
Public Transit
0%
Public Transit
0.7%

Health (CDC PLACES)

Source: CDC PLACES 2023
Frequent Mental Distress
15.3%
Frequent Mental Distress
15.8%
Obesity
36.6%
Obesity
35.2%
Physical Inactivity
29.4%
Physical Inactivity
24.8%
Smoking
15.9%
Smoking
14.8%
Lack of Health Insurance
9.4%
Lack of Health Insurance
7.9%

Healthcare

Source: CMS Hospital Compare 2024
Hospitals Same
1
Hospitals
1
Avg Hospital Rating Same
5/5
Avg Hospital Rating
5/5

Demographics

Race categories sum to 100%. Hispanic or Latino is an ethnicity that spans all race categories, shown separately per Census Bureau methodology.

Fairmont Population
Race
White 92.6%
African American 1.1%
Asian 0.6%
New Ulm Population
Race
White 94.5%
African American 0.8%
Asian 0.7%
Two or More Races 0.7%

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Data Sources

Population and economic data from the Census Bureau American Community Survey (2024 5-year estimates). Health data from the CDC PLACES (2023). Hospital data from CMS Hospital Compare (2024). Climate data from NOAA Climate Normals (1991–2020). Cost of living from BEA Regional Price Parities via FRED.

Related

Population is place-level (U.S. Census Bureau). Income, home value, rent, poverty and education are place-level American Community Survey figures; health from CDC PLACES, hospitals from CMS Hospital Compare, climate from NOAA Climate Normals, and cost of living from BEA Regional Price Parities. See our methodology for details.