New Prague is a somewhat small city located in the state of Minnesota. With a population of 8,240 people and four associated neighborhoods, New Prague is the 116th largest community in Minnesota. There's nothing like the smell of a brand new house, and in New Prague, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to New Prague, and putting down their money on brand new construction. New Prague’s real estate is, on average, some of the newest in the nation. New Prague does seem to be experiencing an influx of affluent people, because the median household income is $109,715.00.
New Prague real estate is some of the most expensive in Minnesota, although New Prague house values don't compare to the most expensive real estate in the U.S.
A relatively large number of people in New Prague telecommute to their jobs. Overall, about 11.36% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, New Prague is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
New Prague is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, New Prague’s overall crime rate is lower than average for the country.
New Prague is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
In terms of college education, New Prague is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 33.19% of adults in New Prague have a college degree.
The per capita income in New Prague in 2022 was $52,723, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $210,892 for a family of four.
The people who call New Prague home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Prague residents report their race to be White, followed by Asian. Important ancestries of people in New Prague include German, Czech, Irish, Norwegian, and Polish.
The most common language spoken in New Prague is English. Other important languages spoken here include Polish and Langs. of India.