New Hope city, Minnesota Demographics & Population 2026
As of 2026, New Hope city, Minnesota has a total population of 21,402, the 54th largest city in Minnesota, with a median household income of $73,698, which is 16% lower than the state average. The poverty rate is 11.7%.
New Hope city Quick Facts
How New Hope city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
New Hope city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Minneapolis city | 426,845 | $80,269 | 16.4% | $345,600 |
| Bloomington city | 88,838 | $90,677 | 9.1% | $346,200 |
| Brooklyn Park city | 84,349 | $85,964 | 10.3% | $313,500 |
| Plymouth city | 79,526 | $133,865 | 4.1% | $474,700 |
| Maple Grove city | 70,539 | $129,481 | 3.9% | $397,400 |
| Eden Prairie city | 63,249 | $127,732 | 6.0% | $463,300 |
| Minnetonka city | 53,256 | $120,496 | 4.8% | $456,200 |
| Edina city | 53,125 | $129,225 | 4.4% | $624,000 |
| St. Louis Park city | 49,541 | $100,250 | 7.3% | $371,600 |
| Richfield city | 36,725 | $84,055 | 7.3% | $320,400 |
Cities Similar to New Hope city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Columbia Heights city | 22,016 | $74,688 | $259,900 | 32.9% | 14.4% |
| West St. Paul city | 21,076 | $70,738 | $281,800 | 35.0% | 9.1% |
| Willmar city | 21,136 | $63,368 | $186,000 | 24.5% | 15.2% |
| South St. Paul city | 20,633 | $84,472 | $266,800 | 30.7% | 9.1% |
| Sartell city | 19,620 | $77,465 | $278,000 | 40.4% | 8.1% |
Population Overview
New Hope city is a small city located in Minnesota, within Hennepin County. The total population is 21,402. It ranks as the 54th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in New Hope city is 41.0 years. This is 6% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in New Hope city is $73,698. This is 16% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 6% lower. The poverty rate stands at 11.7%. This is 27% higher than the state poverty rate of 9.2%. The unemployment rate is 5.3%. This is 36% higher than the state rate of 3.9%. The median home value is $314,600. Housing costs are 3% higher than the state median of $305,500. The home-value-to-income ratio is 4.3x. 52.5% of occupied housing units are owner-occupied. This homeownership rate is 28% lower than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in New Hope city is White (non-Hispanic), making up 59.4% of the population. Black or African American residents account for 26.6%. The Black or African American population is significantly higher than the state average (26.6% vs 6.7%).
Education
36.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 6% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.0%.
Data Sources & Methodology
All demographic data for New Hope city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of New Hope city, Minnesota?
New Hope city, Minnesota has a population of 21,402 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in New Hope city, MN?
The median household income in New Hope city is $73,698, which is 6% lower the national median of $78,538.
What is the poverty rate in New Hope city, MN?
The poverty rate in New Hope city is 11.7%. This means approximately 2,409 residents live below the federal poverty line.
What is the racial makeup of New Hope city, Minnesota?
New Hope city's population is 59.4% White, 26.6% Black, 5.9% Hispanic/Latino, and 2.9% Asian.
What is the median home value in New Hope city, MN?
The median home value in New Hope city is $314,600. The home-value-to-income ratio is 4.3x.
How educated is New Hope city, Minnesota?
36.7% of adults (25+) in New Hope city hold a bachelor's degree or higher, and 10.5% hold a graduate or professional degree.