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CITY · 2020 ACS

New Hope

Minnesota · 21,986 residents · 5.058 sq mi
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The short version

New Hope has roughly average household income, with a median household income of $60,762. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $235,600.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 38.5
US median: 38.8
Average education
32% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
21,986
+5%since 2000
from 20,873 in 2000
1990 – 2025
Population density
4,347 / sq mi
+5%since 2000
from 4,127 / sq mi in 2000
US average: 280
Median age
38.5
+1%since 2000
from 38.3 in 2000
US average: 38.8
Population, 1990 – 2024
20K21K21K22K22K1990201020202024New Hope
202421K
1990201020202024
Section 02

Income & economy

Median household income
$60,762
−14%inflation adjusted, since 2000
from $46,795 in 2000
US average: $66,278
1990 – 2024
Per capita income
$33,577
+43%since 2000
from $23,562 in 2000
US average: $35,364
Households earning $100K+
41.2%
+10.5 ptssince 2009
from 30.7% in 2009
US average: 43.9%
Poverty rate
9.2%
+2.7 ptssince 2000
from 6.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade13%
US avg: 10%
Information12.5%
US avg: 11.1%
Other services6.7%
US avg: 6.6%
Finance & insurance6%
US avg: 5.5%
Professional, scientific, technical5.5%
US avg: 4.7%
Public administration4.9%
US avg: 4.7%
Wholesale trade4.5%
US avg: 6.7%
Transportation & warehousing2.4%
US avg: 2.5%
Arts, entertainment, food0.7%
US avg: 2%
Education & health services0.5%
US avg: 0.8%
Agriculture, forestry, fishing0.2%
US avg: 1.7%
Manufacturing0.2%
US avg: 0.5%
Construction0%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$235,600
+15%inflation adjusted, since 2000
from $135,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,084
+5%inflation adjusted, since 2000
from $687 in 2000
US average: $1,124
Owner-occupied
54.4%
−1.7 ptssince 2000
from 56.1% in 2000
45.6% rent
Afford Score
3.9
+34%since 2000
from 2.9 in 2000
1990 – 2024
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic85%(17,748)
Black5.7%(1,188)
Hispanic / Latino3.5%(721)
Asian3.2%(666)
Other0%
Diversity Score29%(6,043)
2020
White, non-Hispanic59.9%(13,177)
Black21.9%(4,818)
Hispanic / Latino7.6%(1,669)
Asian4.3%(949)
Other4.4%(971)
Diversity Score70.9%(15,597)
Diversity Score
71
+145%since 2000
from 29 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
32.1%
+2.3 ptssince 2000
from 29.8% in 2000
US average: 32.9%
High school or higher
91.2%
+1.7 ptssince 2000
from 89.5% in 2000
US average: 88.5%
Graduate degree
7.4%
−1.0 ptssince 2000
from 8.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.0 min
+69%since 2000
from 13.0 min in 2000
US average: 26.9
Drive alone to work
80.0%
−1.3 ptssince 2009
from 81.3% in 2009
US average: 75.1%
No vehicle available
10.5%
−2.5 ptssince 2009
from 13.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.9%
−3.9 ptssince 2011
from 7.8% in 2011
US average: 5.4%
Labor force participation
67.8%
+1.7 ptssince 2011
from 66.2% in 2011
US average: 63.4%
Management & professional
36.7%
−28.3 ptssince 2009
from 65.0% in 2009
US average: 39.3%
Section 08

People & community

Male
47.6%
+0.1 ptssince 2009
from 47.5% in 2009
Female
52.4%
−0.1 ptssince 2009
from 52.5% in 2009
Foreign born
15.0%
+3.3 ptssince 2009
from 11.7% in 2009
US average: 13.5%
Uninsured
7.3%
−81.4 ptssince 2013
from 88.7% in 2013
US average: 8.8%
Drill deeper

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Compare New Hope to nearby cities

NEW HOPE VS
Crystal
Income$92,513+52%
Home value$296,100+26%
Population22,239+7%
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NEW HOPE VS
Robbinsdale
Income$88,252+45%
Home value$295,600+25%
Population14,030−33%
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NEW HOPE VS
Golden Valley
Income$108,772+79%
Home value$431,400+83%
Population21,325+2%
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NEW HOPE VS
Plymouth
Income$136,534+125%
Home value$491,200+108%
Population78,942+279%
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Frequently asked

How many people live in New Hope, Minnesota?

New Hope, Minnesota has about 21,986 residents according to the 2020 American Community Survey.

What is the median household income in New Hope, Minnesota?

The typical household in New Hope, Minnesota earns about $60,762 a year. Half of households make more than that, and half make less.

Is New Hope, Minnesota expensive?

In New Hope, Minnesota, the median home is worth about $235,600, and the typical rent is about $1,084 a month.

How educated are people in New Hope, Minnesota?

About 32.1% of adults age 25 and over in New Hope, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in New Hope, Minnesota?

About 9.2% of people in New Hope, Minnesota live below the federal poverty line.

Has New Hope, Minnesota grown since 1990?

Yes, New Hope, Minnesota has grown since 1990. The population has added about 133 residents, a change of about 1 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →