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Economy in New Hope, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNew Hope, MNUnited States
Unemployment Rate6.10%9.10%
Recent Job Growth0.46%-0.12%
Future Job Growth34.82%31.25%
Sales Taxes6.65%6.80%
Income Taxes7.85%6.25%
Income per Cap.$28,018$27,067
Household Income$55,010$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.32%12.10%
Income between 15K and 25K10.49%10.18%
Income between 25K and 35K11.37%10.56%
Income between 35K and 50K14.99%14.98%
Income between 50K and 75K20.09%19.53%
Income between 75K and 100K14.87%12.52%
Income between 100K and 150K14.85%12.14%
Income between 150K and 250K2.70%3.91%
Income between 250K and 500K1.12%3.34%
Income greater than 500K0.20%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.36%13.81%
Professional and Related Occupations24.48%22.68%
Service12.22%14.51%
Sales and Office28.45%25.22%
Farming, Fishing, and Forestry0.07%0.68%
Construction, Extraction, and Maintenance5.94%9.37%
Production, Transportation, and Material Moving15.96%15.86%
Median Household Income

The unemployment rate in New Hope, MN, is 6.10%, with job growth of 0.46%. Future job growth over the next ten years is predicted to be 34.82%.

New Hope, MN Taxes

New Hope, MN,sales tax rate is 6.65%. Income tax is 7.85%.

New Hope, MN Income and Salaries

The income per capita is $28,018, which includes all adults and children. The median household income is $55,010.


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New Hope General SperlingViews

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