New Hope, MN

Census Place

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2024 Population
21,181
US Senator
Amy Klobuchar
Democratic(DFL) Party
US Senator
Tina Smith
Democratic(DFL) Party
2024 Median Age
40.5
1.22% 1-year decrease
2024 Poverty Rate
10.7%
7.86% 1-year decrease
2024 Median Household Income
$77,662
5.38% 1-year growth
2024 Median Property Value
$337,000
7.12% 1-year growth
2024 Employed Population
11,273
0.0886% 1-year decline

About

None of the households in New Hope, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

93.2% of the residents in New Hope, MN are U.S. citizens.

In 2024, the median property value in New Hope, MN was $337,000, and the homeownership rate was 52.6%.

Most people in New Hope, MN drove alone to work, and the average commute time was 19.4 minutes. The average car ownership in New Hope, MN was 2 cars per household.

Population & Diversity

New Hope, MN is home to a population of 21.2k people, from which 93.2% are citizens. As of 2024, 18.8% of New Hope, MN residents were born outside of the country (3.98k people).

In 2024, there were 2.21 times more White (Non-Hispanic) residents (11.8k people) in New Hope, MN than any other race or ethnicity. There were 5.32k Black or African American (Non-Hispanic) and 919 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

93.2%
2024 Citizenship
92.8%
2023 Citizenship

As of 2024, 93.2% of New Hope, MN residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in New Hope, MN was 92.8%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in New Hope, MN compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in New Hope, MN
  1. White (Non-Hispanic)
    11.8k ± 805
  2. Black or African American (Non-Hispanic)
    5.32k ± 846
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    919 ± 374
10.3%
Hispanic Population
2.19k people

In 2024, there were 2.21 times more White (Non-Hispanic) residents (11.8k people) in New Hope, MN than any other race or ethnicity. There were 5.32k Black or African American (Non-Hispanic) and 919 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

10.3% of the people in New Hope, MN are hispanic (2.19k people).

The following chart shows the 8 races represented in New Hope, MN as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Minnesota.
Most Common Origin
  1. Mexico
    58,764 ± 5,921 people
  2. Somalia
    36,253 ± 4,660 people
  3. India
    31,836 ± 4,368 people

In 2023, the most common birthplace for the foreign-born residents of Minnesota was Mexico, the natal country of 58,764 Minnesota residents, followed by Somalia with 36,253 and India with 31,836.

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Foreign-Born Population

18.8%
2024 Foreign-Born Population
3.98k people
18.3%
2023 Foreign-Born Population
3.92k people

As of 2024, 18.8% of New Hope, MN residents (3.98k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in New Hope, MN was 18.3%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in New Hope, MN compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Vietnam
    214 ± 93
  2. Korea
    203 ± 120
  3. Gulf War (2001-)
    87 ± 63

New Hope, MN has a large population of military personnel who served in Vietnam, 1.05 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in New Hope, MN.

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Economy

The economy of New Hope, MN employs 11.3k people. In 2024, the largest industries in New Hope, MN were Health Care & Social Assistance (1,889 people), Manufacturing (1,768 people), and Retail Trade (1,280 people), and the highest paying industries were Finance & Insurance ($93,125), Finance & Insurance, & Real Estate & Rental & Leasing ($92,686), and Agriculture, Forestry, Fishing & Hunting, & Mining ($81,635).

Occupations

11.3k
2024 Value
± 890
−0.0886%
1 Year decline
± 10.9%

From 2023 to 2024, employment in New Hope, MN declined at a rate of −0.0886%, from 11.3k employees to 11.3k employees.

The most common job groups, by number of people living in New Hope, MN, are Management Occupations (1,188 people), Production Occupations (1,114 people), and Sales & Related Occupations (960 people). This chart illustrates the share breakdown of the primary jobs held by residents of New Hope, MN.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Minnesota.

This chart shows weekly unemployment insurance claims in Minnesota (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

11.3k
2024 Value
± 890
−0.0886%
1 Year decline
± 10.9%

From 2023 to 2024, employment in New Hope, MN declined at a rate of −0.0886%, from 11.3k employees to 11.3k employees.

The most common employment sectors for those who live in New Hope, MN, are Health Care & Social Assistance (1,889 people), Manufacturing (1,768 people), and Retail Trade (1,280 people). This chart shows the share breakdown of the primary industries for residents of New Hope, MN, though some of these residents may live in New Hope, MN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$61,239
Median earning men ± $4,872
$46,117
Median earning women ± $2,684

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($107,750), Public Administration ($97,500), and Agriculture, Forestry, Fishing & Hunting, & Mining ($81,635).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($70,167), Wholesale Trade ($66,667), and Construction ($66,583).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Minnesota.
Y-Axis
2.26%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 2.93M people employed in Minnesota. This represents a 2.26% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 13.4%.

The following chart shows monthly employment numbers for each industry sector in Minnesota.

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Civics

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

Amy Klobuchar and Tina Smith are the senators currently representing the state of Minnesota. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Minnesota is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.
Amy Klobuchar
Senator from Minnesota1
Assumed office on January 3, 2007
The Minnesota Democratic–Farmer–Labor Party (DFL) is the Minnesota affiliate of the U.S. Democratic Party and its members are counted as Democrats.
Tina Smith
Senator from Minnesota2
Assumed office on January 3, 2018
Appointed to the seat following the resignation of Al Franken.

Amy Klobuchar and Tina Smith are the senators currently representing Minnesota.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Minnesota over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in New Hope, MN was $337,000 in 2024, which is 1.01 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $314,600 to $337,000, a 7.12% increase. The homeownership rate in New Hope, MN is 52.6%, which is lower than the national average of 65.2%.

People in New Hope, MN have an average commute time of 19.4 minutes, and they drove alone to work. Car ownership in New Hope, MN is approximately the same as the national average, with an average of 2 cars per household.

Property

$337,000
Median Property Value 2024
±$7,409
$4,666
Median Property Taxes
±$516

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In New Hope, MN the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in New Hope, MN compared to it's parent and neighbor geographies.

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Rent vs Own

52.6%
Homeownership
2024
67.3%
Homeowners with Mortgage
2024

In 2024, 52.6% of the housing units in New Hope, MN were occupied by their owner. This percentage grew from the previous year's rate of 52.5%.

This chart shows the percentage of owner in New Hope, MN compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$77,662
Median Household Income
± $7,537
8.88k
Number of Households
± 763

In 2024, the median household income of the 8.88k households in New Hope, MN grew to $77,662 from the previous year's value of $73,698.

The following chart displays the households in New Hope, MN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $150k - $200k range.

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Wage Distribution

The closest comparable wage GINI for New Hope, MN is from Minnesota.
0.454
2023 Wage GINI in Minnesota
0.458
2022 Wage GINI in Minnesota

In 2023, the income inequality in Minnesota was 0.454 according to the GINI calculation of the wage distribution. Income inequality had a 0.78% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Minnesota in comparison to the national average.

This chart shows the number of workers in Minnesota across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (70.3%)
  2. Worked At Home (16.3%)
  3. Carpooled (8.67%)

In 2024, 70.3% of workers in New Hope, MN drove alone to work, followed by those who worked at home (16.3%) and those who carpooled to work (8.67%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

19.4 minutes
Average Travel Time

Using averages, employees in New Hope, MN have a shorter commute time (19.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0.488% of the workforce in New Hope, MN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New Hope, MN compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in New Hope, MN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New Hope, MN have 2 cars.

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Poverty & Diversity

10.7% of the population for whom poverty status is determined in New Hope, MN (2.19k out of 20.4k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 45 - 54, followed by Females 25 - 34 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in New Hope, MN is White, followed by Black and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

94.7% of the population of New Hope, MN has health coverage, with 50.7% on employee plans, 21.5% on Medicaid, 12.3% on Medicare, 9.48% on non-group plans, and 0.593% on military or VA plans.

Primary care physicians in Minnesota see 1,134 patients per year on average, which represents a 0% change from the previous year (1,134 patients). Compare this to dentists who see 1287 patients per year, and mental health providers who see 278 patients per year.

By gender, of the total number of insured persons, 47.4% were men and 52.6% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 24.3% under 18 years, 20.8% between 18 and 34 years, 38.9% between 35 and 64 years, and 15.9% over 64 years.

By gender, of the total number of insured persons, 47.4% were men and 52.6% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

5.34%
Uninsured
50.7%
Employer Coverage
21.5%
Medicaid
12.3%
Medicare
9.48%
Non-Group
0.593%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in New Hope, MN declined by 12.6% from 6.11% to 5.34%.

The following chart shows how the percent of uninsured individuals in New Hope, MN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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