New Hope, Minnesota Demographics

Population trends, housing costs, income, commuting, and health, all on one page.

New Hope, MN Population Density Map and Area Scores

Area Score

Health, income and education, each graded from F to A+. Explore interactive maps for deeper analysis.

  • B
    Health Around average
  • B
    Income Around average
  • C
    Education Below average

Source: Map AI Methodology

Population

Metric New Hope Minnesota Avg U.S. Average
Population 20,969 5,724,000 337,468,954
Population density (per sq mi) 4099.3 65.8 86.4
Population growth (%/yr) 0.19% 0.64% 0.59%
Median age 40.8 37.1 37.3
Households 8,826 2,299,361 130,235,071

Population in New Hope grew by 2.9% from 2009 to 2024, reaching 20,969 in 2024.

Population Growth 2009–2024

Year New Hope

Race & Ethnicity

Group Share

Age & Sex

The largest generation in New Hope is Millennials, aged 29–44, at 22.1% of residents. That is 0.3 points above Minnesota as a whole.

Residents by birth cohort, from the 2025 age distribution. The right-hand figure is how far each cohort's share sits above or below Minnesota, in percentage points. Children younger than Gen Z and the generations before the Boomers are counted in the population but not shown here, so these shares do not add up to 100%.

Male and female share

Women are 52.8% of the people living in New Hope and men 47.2%.

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Economy

New Hope has a the economy index of B, which means it is quite prosperous.

Metric New Hope Minnesota Avg U.S. Average
Median household income $77,279 $89,852 $80,455
Income growth (%/yr) 5.76% 4.43% 4.80%
Unemployment rate 5.0% 4.1% 5.2%

The median household income in New Hope is about 14% lower than in Minnesota.

Detailed wealth and income breakdown →

Housing

Metric New Hope Minnesota Avg U.S. Average
Median home price $137,941 $236,718 $248,835
Median rent $1,332 $1,280 $1,407
Homeownership rate 51.9% 72.2% 65.2%

The median home price in New Hope is about 8.6 years' worth of rent — buying at the median price costs roughly as much as paying the median rent of $1,332 per month for that long.

Full housing market analysis →

Commute Time & Mobility

Commuters in New Hope spend about 41 minutes on the road round trip each working day. Over a typical 250-day work year, that adds up to roughly 170 hours, about 7.1 full days, spent commuting.

Metric New Hope Minnesota Avg U.S. Average
One-way commute (min) 20.4 20.3 22.4
Round-trip commute (min) 40.9 40.6 44.8
Yearly time spent (hours) 170 169 187
Estimated yearly cost $5,278 $5,249 $5,790
Work from home 16.1% 17.6% 15.0%
Highway traffic (vehicles/day) 13,684 7,066 8,813
Local road traffic (vehicles/day) 1,939 854 1,355

The average commute time in New Hope is about the same as in Minnesota.

Estimated yearly cost applies a single national wage rule of thumb (U.S. Bureau of Labor Statistics average hourly earnings), not a measurement of wages in this area. Traffic volume figures come from proprietary Ticon and TrafficZoom data.

Commute and transport details →

Education & Households

New Hope has a education index of C, which means it is somewhat educated.

Metric New Hope Minnesota Avg U.S. Average
Bachelor's degree or higher 32.8% 35.5% 31.6%
Average household size 2.26 2.43 2.53

Health

New Hope has a health index of B, which means it is quite healthy.

Metric New Hope Minnesota Avg U.S. Average
Life expectancy (years) 78.4 80.8 78.3
Self-rated poor health 12.9% 13.0% 16.3%
Smokers 15.9% 18.5% 19.0%

Full health data →

New Hope, MN Compared With Nearby Cities

New Hope, MN is typical in size for this group, 20,969 residents against a local median of 22,688, so the measures below are close to a like for like comparison. New Hope, MN's median household income, at $77,279, runs 28% below the $107,541 typical of the cities around it. That is the weaker end of the local range on this measure.

Median home price tells the same story from another angle: $137,941 against a local median of $172,946, 20% below it. The cities themselves spread $43,476 on median household income, so New Hope, MN sits at one end of an already wide local range rather than apart from it. New Hope, MN has the 4th highest median household income of the 4 areas compared here.

Area Population Median household income Median home price Commute
New Hope, MN 20,969 $77,279 #4/4 $137,941 #3/4 20.4 min #3/4
Crystal, MN 22,688 $92,729 $429,737 20.4 min
Golden Valley, MN 21,735 $107,541 $172,946 20.4 min
Plymouth, MN 79,324 $136,206 $59,714 21.6 min

Frequently Asked Questions

Common questions about New Hope, Minnesota.

How many people live in New Hope, Minnesota?

About 20,969 people live in New Hope, Minnesota, in 8,826 households of 2.3 people on average. The median age is 40.8, so residents are older than the U.S. median of 37.3 by about 3 years.

Is New Hope, Minnesota urban or rural?

Averaged over its land area, New Hope, Minnesota has 4,099 people per square mile, a density typical of a city. That is about 47 times the U.S. average of 86.

Is New Hope, Minnesota an affordable place to live?

The median home costs 1.8 times the median household income ($137,941 against $77,279), compared with 3.1 times nationally. That is within the traditional rule of thumb of about 3 times income. Median rent of $1,332 a month takes about 21% of the median household's income, below the 30% level at which HUD considers renters cost-burdened.

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