HomeMinnesotaScott CountyNew Prague city
New Prague city, Minnesota: commercial real estate data.
New Prague city 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.
77 sourced place values · tier FULL · 8 sections · 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 city 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$879,700
- 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
A charge-off rate is not published here. only 7 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Scott County, not New Prague
Scott County context, not New Prague figures
These are Scott County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Prague measurements.
- Establishments in Scott County3,655
- Employment at those establishments, Scott County60,419
- Covered employment, Scott County63,111
- Average annual pay, Scott County$62,133
- Average weekly wage, Scott County$1,195
- Housing units permitted, Scott County699
- Of those, single family, Scott County609
- County product, 2024, Scott County$10,952,036,000
- County product change over the prior year, Scott County8.2 percent
- Average income of an arriving household, Scott County$83,594
Every figure in this section is published for Scott County as a whole and is not a measurement of New Prague. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $7.6 m, across 10 lenders, median approval $95,000, plus 11 504 approvals worth $6.3 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page New Prague figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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