At a Glance
Median Income
$73,698
$40,450 per capita
Home Value
$314,600
Zillow: $349,790
Median Rent
$1,306/mo
32.6% of income on rent
Violent Crime
172/100K
1,969/100K property
Bachelor's Degree+
36.7%
94.0% high school+
Unemployment
5.3%
8.9% poverty rate
Obesity Rate
30.0%
13.8% smoking rate
How New Hope Compares to the U.S. Average
Each bar shows New Hope's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is New Hope a Good Place to Live?
B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
New Hope residents earn a median household income of $73,698 , which is 2% below the national average of $75,149.
Per capita income is $40,450. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 8.9% of residents live below the poverty line. The area is home to 44,785 business establishments, including 3,018 restaurants.
Housing & Cost of Living
The median home value in New Hope is $314,600 , 12% above the national median of $281,900.
Zillow estimates the typical home at $349,790. Median rent is $1,306/month, with 32.6% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1968.
Safety & Crime
New Hope reports 172 violent crimes per 100,000 residents
, which is 55% below the national average of 380/100K.
Property crime is 1,969/100K.
Education
36.7% of adults in New Hope hold a bachelor's degree or higher
(9% above the national average).
94.0% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
New Hope has an average annual temperature of 46°F (8°C).
Winters average 16°F in January while summers reach 73°F in July. Annual precipitation totals 30.7 inches. Air quality is rated Good with a median AQI of 42.
Data Overview
People
Population21,402
Median Age41.0 yrs
Density4,230/mi²
Male / Female48% / 52%
Foreign Born18.3%
Veterans4.9%
Economy
B+
Median Income$73,698
Per Capita$40,450
Unemployment5.3%
Poverty8.9%
County GDP$193,617M
Avg Weekly Wage$1,734
Housing
A
Home Value$314,600
Rent$1,306
Ownership52.5%
Zillow$349,790
Housing Units9,385
Rent Burden32.6%
Crime
F
Violent172/100K
Property1,969/100K
Health
Obesity30.0%
Diabetes8.6%
Smoking13.8%
Heart Disease5.0%
Premature Death6,600/100K
Climate
Avg Temp46°F
Rain30.7 in/yr
AQI42 (Good)
Elevation916 ft
Education
B+
Bachelor's+36.7%
High School+94.0%
Graduate+8.9%
School Score6.2/10
Community
2024 VoteR 28% / D 70%
Commute21 min
Broadband87.7%
Internet Speed200 Mbps
EV Stations1
Libraries41
Did You Know?
New Hope was founded in 1936.
The median home in New Hope was built in 1968.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (13 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
13.1% of the population has a disability.
18.3% of residents are foreign-born.
Average internet download speed is 200 Mbps.
There are 3,018 restaurants in the area.
The county recorded 60 fatal vehicle crashes.