Median Household Income
$77,662 ± $7,537
Median Home Value
$337,000 ± $7,409
Median Gross Rent
$1,335 ± $49/mo
Per Capita Income
$40,928
Poverty Rate
10.7%
Unemployment Rate
5.0%
Homeownership Rate
52.6%
Bachelor's Degree or Higher
36.1%
Median Age
40.5
Average Commute
16 min
Households
8,875
Veterans
764
Population Over Time
New Hope grew 2.6% from 2014 to 2024.
2014
20,648
2016
20,819
2018
20,922
2020
20,913
2022
21,620
2024
21,181
Population by Race & Ethnicity
White
57.7%
Hispanic or Latino
10.3%
Black or African American
25.1%
Asian
3.1%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.