HomeMinnesotaScott CountyNew Prague
New Prague, Minnesota: commercial real estate data.
New Prague is a Census city of 8,237 people across 3.94 square miles of land, lying across Scott County and Le Sueur County. Median household income is $94,539, 76.7 percent of occupied homes are owned, and the SBA record carries 29 7(a) approvals to borrowers here worth $7.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New Prague
What New Prague is
- Census place typecity
- Land area3.94 sq mi
- Water area0 sq mi
- Population per square mile of land2,093
- County holding the largest share of its areaScott County, 58.0 percent
- Counties this place lies inScott County 58.0 percent, Le Sueur County 42.0 percent
New Prague crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Prague
How many people live in New Prague
- Population8,237
- Median age36.2
- Population under 182,325
- Share under 1828.2 percent
- Population 65 and over1,479
- Share 65 and over18.0 percent
- Households3,023
- Family households2,111
- Share of households that are families69.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Prague
Income and work in New Prague
- Median household income$94,539 plus or minus $22,204
- Per capita income$48,950
- Civilian labor force4,275
- Employed4,157
- Unemployed118 plus or minus 95
- Unemployment rate2.8 percent plus or minus 2.2
- Adults 25 and over5,285
- Adults 25 and over with a high school diploma or higher97.7 percent
- Adults 25 and over with a bachelor degree or higher32.0 percent
- Adults 25 and over with a graduate degree11.2 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Prague
Housing in New Prague
- Housing units3,152
- Occupied units3,023
- Vacant units129 plus or minus 160
- Vacancy rate4.1 percent plus or minus 5.1
- Owner occupied2,318
- Renter occupied705 plus or minus 162
- Ownership rate76.7 percent
- Median owner-occupied home value$350,500
- Median gross rent, monthly$1,389
- Annual rent as a share of median income17.6 percent plus or minus 4.7
- Single family units2,701
- Share single family85.7 percent
- Units in buildings of two or more451 plus or minus 163
- Share in buildings of two or more14.3 percent plus or minus 5.0
- Mobile homes0
- Median year structure built1994
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Prague
How New Prague gets to work
- Workers 16 and over who commute3,644
- Commuting under 15 minutes1,388 plus or minus 277
- Share commuting under 15 minutes38.1 percent
- Commuting 30 minutes or more1,709
- Share commuting 30 minutes or more46.9 percent
- Drove alone80.6 percent
- Carpooled4.3 percent plus or minus 2.0
- Public transport0.0 percent
- Walked1.3 percent plus or minus 1.5
- Worked from home11.4 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Prague
SBA loans in New Prague (7(a))
- Approvals29
- Gross approval$7,594,300
- Average approval$261,872
- Median approval$95,000
- Ninetieth percentile approval$869,300
- Largest approval$2,050,000
- Jobs supported196
- Jobs per approval6.8
- Loans with a final outcome7
- Paid in full6
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more3.4 percent
- Share to franchises24.1 percent
- Distinct lenders10
- Distinct industries by NAICS24
Counted by borrower city: approvals to borrowers whose address is in New Prague, in any county, FY2020 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Prague
SBA loans in New Prague (504)
- Approvals11
- Gross approval$6,294,000
- Average approval$572,182
- Median approval$451,000
- Largest approval$2,207,000
- Jobs supported69
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in New Prague, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
New Prague
Flood risk in New Prague
- NFIP communityCity of New Prague
- NFIP community number270249
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/17/24
The City of New Prague participates in the National Flood Insurance Program as community 270249 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Scott County, not New Prague
Scott County context, not New Prague figures
- Establishments in Scott County3,655
- Covered employment, Scott County63,111
- Average annual pay, Scott County$62,133
- Housing units permitted, Scott County699
Every figure in this section is published for Scott County as a whole and is not a measurement of New Prague.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
New Prague questions, answered from the record.
How many people live in New Prague, Minnesota?
8,237, in 3,023 households. New Prague city covers 3.94 square miles of land, which is 2,093 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Prague in?
New Prague lies in more than one. By area it is 58.0 percent in Scott County, 42.0 percent in Le Sueur County. This page sits under Scott County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in New Prague?
$94,539. The median owner-occupied home is valued at $350,500. Median gross rent is $1,389 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Prague businesses?
29 7(a) approvals totaling $7.6 m since FY2020, across 10 lenders, median approval $95,000, plus 11 504 approvals worth $6.3 m since FY2010. These count approvals to borrowers whose address is in New Prague, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Prague borrowers get paid back?
No rate is published for New Prague. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is New Prague in the National Flood Insurance Program?
Yes. New Prague appears in the FEMA Community Status Book as New Prague, city of, community 270249, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page New Prague figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Scott County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Prague.
Is zoning published for New Prague?
No. Nothing on this page presents parcel level zoning.
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