Living in New Trier, Minnesota

Cost of living, income, home prices, rent and demographics of New Trier · Census data 2020–2024

New Trier has 78 residents with a median age of 44.7. The median household income is $73,750 (17% lower than the Minnesota median), the median home value is $275,000.

New Trier is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

New Trier at a glance

Population
78
Median age
44.7State: 38.8
Median household income
$73,750State: $89,062
Median home value
$275,000State: $329,300
Homeowners
84.4%
Bachelor's degree or higher
18.5%
Average commute
33 min

Is New Trier a good place to live?

Pros: Home values 16% lower than the state median.

Cons: Median household income 17% lower than the Minnesota median; an average commute of 33 minutes; a poverty rate of 25.6%.

The weather is best in June to September.

Cost of living in New Trier

Housing is the biggest part of the cost of living. In New Trier the median home value is $275,000, 17% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,500 a month in housing costs.

Median home value

New Trier$275,000
Minnesota$329,300
United States$332,700

Median monthly rent

Minnesota$1,280
United States$1,413

New Trier median household income

The median household income in New Trier is $73,750 and the income per person is $40,163. 25.6% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

New Trier$73,750
Minnesota$89,062
United States$80,734

Housing in New Trier: homes for sale and rent

Housing units
32
Owner-occupied
84.4%
Renter-occupied
15.6%
Vacant
0%Includes seasonal homes
Median year built
1966
Average household size
2.44

New Trier demographics

Population
78
Median age
44.7
Under 18
12.8%
65 and older
15.4%
Households
32
Foreign-born
6.4%
Veterans
2.9%Adults 18+

Race and ethnicity

White84.6%
Hispanic or Latino15.4%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of New Trier ›

Education in New Trier

18.5% of adults 25 and older in New Trier have a bachelor's degree or higher (Minnesota: 39.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

New Trier18.5%
Minnesota39.4%
United States35.7%

Jobs and commute in New Trier

Unemployment rate
0%State: 4.1%
Average commute
33 minState: 23 min
Work from home
0%
Drive alone
97.8%
Public transit
0%
Walk to work
0%
Homes with broadband
84.4%

New Trier vs nearby towns

TownPopulationMedian incomeHome valueRent
New Trier78$73,750$275,000—
Hampton590$109,545$318,300$1,083
Vermillion399$107,188$319,300$1,208
Miesville125$95,500$348,200—
Cannon Falls4,227$84,097$263,300$1,161
Randolph461$104,286$291,000$1,563
Coates131$82,250$240,000$1,146
Empire3,092$147,700$469,500$2,052
Hastings22,117$93,998$322,400$1,183

More for people moving to New Trier

New Trier ZIP code ›Weather and climate ›

Living in New Trier: FAQ

What is the median household income in New Trier, MN?

The median household income in New Trier is $73,750, 17% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in New Trier?

The median home value in New Trier is $275,000, compared with $329,300 in Minnesota.

Is New Trier, MN a good place to live?

Pluses: home values 16% lower than the state median. Minuses: median household income 17% lower than the Minnesota median; an average commute of 33 minutes; a poverty rate of 25.6%.

What is the median age in New Trier?

The median age in New Trier is 44.7 years (Minnesota: 38.8).

How long is the commute in New Trier?

The average commute to work in New Trier is 33 minutes; 0% of workers work from home.

What is the unemployment rate in New Trier?

The unemployment rate in New Trier is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is New Trier?

18.5% of adults in New Trier have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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