New Hope is home to 21,181 people in Minnesota. Owners hold 53% of the housing stock. Density works out to 4,188 people per square mile. The average commute runs 19 minutes. Home values have more than doubled since 2000, reaching $337,000. Median household income is $77,662, close to the national figure.
At a glance
Lower income
median household income $77,662, below the US median
US median: $82,259
Mid-age
median age 40.5
US median: 38.9
Average education
36% hold a bachelor's degree
US average: 36%
Less affordable
home values up 36%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about New Hope
What changed most since 1990
Black share1.7% → 25.1%(+23.4 pts)US over the same years: +0.2 pts
White share93.8% → 55.6%(−38.2 pts)US over the same years: −17.8 pts
Poverty rate6.5% → 10.7%(+4.2 pts)US over the same years: −0.8 pts
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)11.4%(87)
US avg: 26.4%
Gulf War (1990s)15.8%(121)
US avg: 24.3%
Vietnam era28%(214)
US avg: 33.1%
Korean War26.6%(203)
US avg: 4.5%
World War II5.9%(45)
US avg: 1%
Share of the 764 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
New Hope, decade by decade
New Hope population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
21,853
$86,633
$222,486
25.4%
15.0
2000
20,873
$85,244
$247,563
29.8%
33.9
2010
20,339
$71,688
$319,363
29.5%
57.7
2020
21,986
$73,646
$285,556
32.1%
72.9
2024
21,181
$77,662
$337,000
36.1%
76.6
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
