Economy & Jobs — New Ulm, Texas

Income & Employment

Median Household Income (Census)$59,948
Estimated 2026~$101,400
Per Capita Income$31,280
Poverty Rate12.4%
Unemployment Rate14.3%
In Labor Force114

Top Industries

IndustryShare
Agriculture38.8%
Construction27.9%
Retail20.2%

Local Businesses (County)

TypeCount
Full Service Restaurants22
Fast Food20
Gas Stations16
Auto Repair16
Real Estate Offices12
Commercial Banks11
Insurance Agencies10
Law Offices9
Child Day Care9
General Merchandise7
Physician Offices7
Dental Offices7
Hotels Motels6
Fitness Centers5
Coffee Shops5
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.