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New Prague: Economy & Jobs

Households in New Prague earn a median $94,539 (1.3× below Scott County median $119,314; 1.1× higher than Minnesota median $89,062), with homes at a median value of $350,500. The surrounding county supports 8,667 jobs (avg $54,749).

Income & Affordability

Median household income $94,539 — above the Minnesota median ($87,024). Poverty rate 3.2% (U.S. average ~12.5%). 22% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.7×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income15.2%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened22.0%
Affordability · Poverty Rate3.2%
Affordability · Property Tax Pct Income3.8%
Irs Income · IRS tax returns filed$15,020
Irs Income · Total Adjusted Gross Income (thousands)$1,220,767
Irs Income · Average AGI per return$81,276 (vs Minnesota $91,811)
Irs Income · Year2022
Income Estimate$112,155
Median Household Income$94,539 (vs Minnesota $87,024)
Poverty Rate3.2%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelupper-middle
Economic Character · Median Income$94,539

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.9% — below the U.S. average of ~4%. 11% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min24.30
Commuter Profile · Work From Home Pct11.4%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)8,667
Employment · Total annual wages (county)$474,510,680
Employment · Average annual pay$54,749
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment2,881,100
Unemployment Rate1.9% (vs Minnesota 2.8%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms37
Agriculture · Land In Farms Acres31,721
Agriculture · Avg Farm Size Acres857.30
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Animal Totals, Soybeans
Agriculture · Year2022
Business Patterns · Establishments (employer count)738
Business Patterns · Total Employees7,310
Business Patterns · Annual Payroll Thousands426,281
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores5
Local Businesses · Liquor Stores8
Local Businesses · Gas Stations13
Local Businesses · General Merchandise3
Local Businesses · Florists3
Local Businesses · Beauty Salons4
Local Businesses · Pet Grooming3
Local Businesses · Auto Repair16

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants13
Dining Scene · Fast Food6
Dining Scene · Bars13
Dining Scene · Coffee Snacks3

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (4)

Wells Fargo Bank, National Association
NEW PRAGUE BRANCH · 217 Main St W · 56071
Minnwest Bank
COMMUNITY SECURITY BANK BRANCH · 1100 1st St Ne · 56071
First Bank & Trust
NEW PRAGUE BRANCH · 1101 1st St Se · 56071
U.S. Bank National Association
NEW PRAGUE BRANCH · 111 Central Ave N · 56071

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Coborn's 2038
Super Store · 200 Alton Ave SE
Walgreens 12972
Other · 100 Chalupsky Ave SE
Holiday Stationstore 2746397
Convenience Store · 102 County Road 37
Casey's 2399
Convenience Store · 201 4th Ave NW
Kwik Trip 1090
Convenience Store · 101 Chalupsky Ave NE
Nearest Snap · NameCoborn's 2038
Nearest Snap · Total In Area10

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameNEW PRAGUE CHAMBER OF COMMERCE INC

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$169,267,474
Federal Spending · Per Capita5,903.17 (vs Minnesota $8,335)
Federal Spending · Population28,674 people (vs Minnesota 32,889)

Sources: USAspending API

Other

Pct Drove Alone80.6%
Pct Public Transit1.3%
Pct Walked11.4%
Retirement Score · Median age36.2 years (vs Minnesota 37.5y)
Retirement Score · Ss Household Pct31.7%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12