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New Hope, MN

Comprehensive demographics, housing data, local amenities, and economic statistics for New Hope.

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Community Insights

Amenity Score
73/100
highly walkable area
Highly Educated
25% hold a bachelor's degree
top 18% nationally
Leading Industries
Retail · Education · Arts, Food & Hospitality
16% retail
Home Value Growth
+5.0% over 2 years
Family-Friendly
23% of residents
near the national average
Homeowners
52% of occupied units

People & Demographics

Total Population21,084
Households
Under 18
23.0%
Age 18–34
26.0%
Age 35–64
33.0%
Age 65+
18.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$326,938
Median Gross Rent$1,311/mo
Owner Occupied
51.8%
Renter Occupied
48.2%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$78,138
Poverty Rate

Key Industries

Healthcare11.0%
Professional Services1.0%
Manufacturing0.0%
Retail16.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities73 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
25.0%
Master's or Higher
8.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of New Hope?

The total population of New Hope is approximately 21,084. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is New Hope walkable and transit-friendly?

Based on local geographic data, New Hope has an amenity and walkability score of 73/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in New Hope?

The housing market in New Hope is predominantly driven by homeowners, with 52% of housing units being owner-occupied and 48% being renter-occupied.

What is the education level of residents in New Hope?

In New Hope, approximately 25% of adult residents hold a bachelor's degree or higher. Additionally, 8% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.