HomeNorth DakotaMountrail CountyNew Town
New Town, North Dakota: commercial real estate data.
New Town is a Census city of 2,721 people across 2.89 square miles of land, in Mountrail County. Median household income is $52,500, 32.3 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $8.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New Town
What New Town is
- Census place typecity
- Land area2.89 sq mi
- Water area0 sq mi
- Population per square mile of land942
- County holding the largest share of its areaMountrail County, 100.0 percent
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 Town
How many people live in New Town
- Population2,721
- Median age28.2
- Population under 18983
- Share under 1836.1 percent
- Population 65 and over240 plus or minus 74
- Share 65 and over8.8 percent plus or minus 2.7
- Households980
- Family households574
- Share of households that are families58.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Town
Income and work in New Town
- Median household income$52,500 plus or minus $16,093
- Per capita income$22,515
- Civilian labor force1,091
- Employed1,070
- Unemployed21 plus or minus 22
- Unemployment rate1.9 percent plus or minus 2.0
- Adults 25 and over1,448
- Adults 25 and over with a high school diploma or higher85.5 percent
- Adults 25 and over with a bachelor degree or higher21.4 percent plus or minus 7.0
- Adults 25 and over with a graduate degree10.8 percent plus or minus 4.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Town
Housing in New Town
- Housing units1,231
- Occupied units980
- Vacant units251 plus or minus 60
- Vacancy rate20.4 percent plus or minus 4.5
- Owner occupied317 plus or minus 97
- Renter occupied663
- Ownership rate32.3 percent plus or minus 9.3
- Median owner-occupied home value$207,600
- Median gross rent, monthly$851
- Annual rent as a share of median income19.5 percent plus or minus 6.6
- Single family units644
- Share single family52.3 percent
- Units in buildings of two or more412 plus or minus 100
- Share in buildings of two or more33.5 percent plus or minus 7.6
- Mobile homes175 plus or minus 72
- Median year structure built2004
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Town
How New Town gets to work
- Workers 16 and over who commute1,029
- Commuting under 15 minutes701 plus or minus 143
- Share commuting under 15 minutes68.1 percent
- Commuting 30 minutes or more175 plus or minus 73
- Share commuting 30 minutes or more17.0 percent plus or minus 6.4
- Drove alone78.9 percent
- Carpooled17.7 percent plus or minus 8.8
- Public transport0.0 percent
- Walked2.4 percent plus or minus 3.0
- Worked from home1.0 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Town
SBA loans in New Town (7(a))
- Approvals7
- Gross approval$8,117,200
- Average approval$1,159,600
- Median approval$740,000
- Largest approval$5,000,000
- Jobs supported132
- Jobs per approval18.9
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in New Town, in any county, FY2020 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, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New Town
SBA loans in New Town (504)
- Approvals3
- Gross approval$7,914,000
- Average approval$2,638,000
- Median approval$2,842,000
- Largest approval$2,919,000
- Jobs supported80
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in New Town, in any county, FY2010 to FY2026. Only 0 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.
Mountrail County, not New Town
Mountrail County context, not New Town figures
- Establishments in Mountrail County363
- Covered employment, Mountrail County5,341
- Average annual pay, Mountrail County$77,655
- Housing units permitted, Mountrail County29
Every figure in this section is published for Mountrail County as a whole and is not a measurement of New Town.
All Mountrail County figures →
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 Town questions, answered from the record.
How many people live in New Town, North Dakota?
2,721, in 980 households. New Town city covers 2.89 square miles of land, which is 942 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Town in?
Mountrail County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New Town?
$52,500. The median owner-occupied home is valued at $207,600. Median gross rent is $851 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 Town businesses?
7 7(a) approvals totaling $8.1 m since FY2020, across 4 lenders, median approval $740,000, plus 3 504 approvals worth $7.9 m since FY2010. These count approvals to borrowers whose address is in New Town, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Town borrowers get paid back?
No rate is published for New Town. Only 4 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.
Are the county figures on this page New Town figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mountrail 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 Town.
Is zoning published for New Town?
No. Nothing on this page presents parcel level zoning.
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