CensusDepth
Home / Cities / Minnesota / New Hope city

New Hope city, Minnesota

City

Population: 21,402 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for New Hope city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

← Cities in Minnesota Minnesota →

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — New Hope city

What is the median household income in New Hope city?
The median household income in New Hope city is $73,698 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in New Hope city?
The poverty rate in New Hope city is 8.9% (U.S. Census Bureau ACS 2023).
What is the median home value in New Hope city?
$314,600 (U.S. Census Bureau ACS 2023).
What is the average rent in New Hope city?
The median gross rent in New Hope city is $1,306 per month (U.S. Census Bureau ACS 2023).
What percentage of New Hope city residents have a college degree?
36.7% of adults in New Hope city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
21,402
Median Income
$73,698
Median Home Value
$314,600
Poverty Rate
8.9%
Unemployment (ACS 2023)
5.3%
Median Age
41.0 yrs
Since 2019 Median Income: +$13,023 (+21.5%) Home Value: +$89,500 (+39.8%) Poverty Rate: +2.2 pp (+32.8%) Bachelor's+: +5.1 pp (+16.1%) Unemployment: +1.6 pp (+43.2%)

Demographics

Total Population 21,402
Median Age 41.0
Female 52.2%
Race & Ethnicity
Hispanic or Latino 5.9% White (non-Hisp.) 59.4% Black 26.9% Asian 2.9% Two or More 5.9% Other 2.1%
Asian Subgroups (% of total pop.)
Vietnamese
1.2%
Indian
0.4%
Chinese
0.1%
Filipino
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
3.5%
Puerto Rican
0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $73,698 ±$5,279
-$13,858 vs. state
Per Capita Income $101,370
Median Family Income $102,241
Poverty Rate 8.9%
+3.4 pp vs. state
Child Poverty Rate 9.6%
Working-Age Poverty Rate
SNAP Recipients 13.6%
Social Security Income
Retirement Income 19.7%
Household Income Distribution
< $10k
5.0%
$10–15k
4.8%
$15–25k
6.4%
$25–35k
7.4%
$35–50k
10.2%
$50–75k
17.0%
$75–100k
10.8%
$100–150k
17.5%
$150–200k
13.3%
$200k+
7.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 9,417
Owner-Occupied 52.5%
Renter-Occupied 47.5%
Vacancy Rate 3.2%
Median Home Value $314,600
+$9,100 vs. state
Median Gross Rent $1,306
Owner Cost Burden (30%+) 12.1%
Renter Cost Burden (30%+) 45.7%
Home Value Distribution
< $50k
1.0%
$50–100k
1.7%
$100–200k
4.1%
$200–300k
33.8%
$300–500k
54.5%
$500k–$1M
2.2%
$1M+
0.2%
Gross Rent Distribution
< $500
6.0%
$500–1k
11.8%
$1–1.5k
56.6%
$1.5–2k
19.5%
$2–2.5k
4.3%
$2.5–3.5k
1.5%
$3.5k+
0.3%
Vehicle Availability
No vehicle
7.5%
1 vehicle
41.1%
2 vehicles
38.3%
3+
13.1%
Housing Type
Single-fam. det.
44.3%
Single-fam. att.
6.5%
2–4 units
0.4%
5–19 units
4.5%
20+ units
31.9%
Mobile home
0.2%
Housing Age
Pre-1940
1.5%
1940–1969
1.3%
1970–1999
22.4%
2000–2009
5.2%
2010+
4.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 94.0%
Bachelor's or Higher 36.7%
-2.1 pp vs. state
Graduate Degree 10.5%
Some College / Associate 23.1%
Less Than High School 2.8%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 69.6%
Unemployment Rate 5.3%
+1.4 pp vs. state
Work from Home 14.3%
Self-Employed 3.7%
Government Workers 11.1%
Private For-Profit 85.2%
Industry
Edu/Health
24.2%
Manufacturing
17.1%
Prof. Services
11.2%
Retail
9.6%
Arts/Entmt.
8.0%
Finance
7.7%
Transportation
6.4%
Construction
4.3%
Public Admin
4.0%
Wholesale
1.5%
Information
0.4%
Agriculture
0.4%
Occupation
Management
41.1%
Food Prep
19.3%
Sales
18.0%
Production
16.4%
Construction
5.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 21.1 min
Drove Alone 73.4%
Carpool 7.7%
Public Transit 1.0%
Work from Home 14.3%
Walked 1.4%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 9,114
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 40.8%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 18.1%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
6.7%
5–9
6.1%
10–14
6.0%
15–19
4.1%
20–24
4.3%
25–34
15.5%
35–44
13.8%
45–54
12.2%
55–64
6.6%
65–74
6.6%
75–84
8.6%
85+
6.2%
Under 18: 21.7% Working age (18–64): 78.3% 65 and over: 18.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 18.3%
Naturalized Citizen 60.9%
Speaks English Less Than Very Well 5.5%
Foreign-Born Origin
Africa
63.5%
Latin America
16.5%
Asia
13.9%
Europe
4.6%

Veterans & Disability

Veteran 4.9%
With a Disability 13.1%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 93.9%
Uninsured 6.1%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 87.7%
Has a Computer 94.2%
Same House 1 Year Ago 87.5%
Moved from Abroad 0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare New Hope city

Compare to another city →