New Prague is a somewhat small city located in the state of Minnesota. With a population of 8,277 people and four associated neighborhoods, New Prague is the 116th largest community in Minnesota. New Prague has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in New Prague, where the median household income is $107,383.00.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.29% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.

Because of many things, New Prague is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, New Prague really has some of the features that families look for when choosing a good community to raise children. Is New Prague perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

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.

The citizens of New Prague are very well educated compared to the average community in the nation: 34.34% of adults in New Prague have a bachelor's degree or even advanced degree.

The per capita income in New Prague in 2022 was $49,269, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $197,076 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.