New Hope, Minnesota 

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Population

20,641

+3.1% since 2020

Unemployment Rate

4.2%

Median Income

$47,755

Median Home Price

$314,200

Median Age

38.5

Comfort Index (Climate)

9.2 / 3.7

summer / winter


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Best Places to Live in New Hope, Minnesota

Regional-center complex/Capital city - Southeast Minnesota along upper Mississippi River, 20 miles west of Wisconsin border. August, June and July are the most pleasant months in New Hope, while January and December are the least comfortable months.
Zip Codes: 55428
Cost of Living: 2.3% higher
Time zone: Central Standard Time (CST)
Elevation: 838 ft above sea level

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New Hope, Mn Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Most Expensive HomesHomes less than 10 yrs old
All Single Family Homes
Pros
Education
Attractive downtown
Attractive neighborhoods
Cons
Growth and sprawl
Cost of living
Harsh winters

What Bert Has To Say About Minneapolis-St. Paul-Bloomington Metro Area

The “twin cities” serve as a regional center for the upper Midwest and northern Great Plains. The fully cosmopolitan area is a balanced industrial, commercial, educational, and cultural center, and functions much as one city. The area is one of the most economically diverse in the country, serving as headquarters to large firms in agriculture, food, banking, technology, retailing, healthcare, and transportation. A few of the well-known companies include General Mills, 3M, US Bancorp, United Healthcare, and retailers Target and Best Buy. Job growth is still fairly modest, but overall, the Twin Cities have have a strong and prosperous feel.


Highlights

ECONOMY
The unemployment rate in New Hope is 4.2% (U.S. avg. is 6.0%). Recent job growth is Positive. New Hope jobs have increased by 1.8%. More Economy

COST OF LIVING
Compared to the rest of the country, New Hope's cost of living is 2.3% higher than the U.S. average. More Cost of Living or Compare New Hope's Cost of Living

WEATHER & CLIMATE
August, June and July are the most pleasant months in New Hope, while January and December are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Hennepin county remained overwhelmingly Democratic, 70.5% to 27.2%. More Voting Stats

POPULATION
New Hope's population is 20,641 people. Since 2020, it has had a population growth of 3.1%. Learn More...

TRANSPORTATION
Average Commute time is 22.6 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in New Hope is Real Estate: $314,200. Home appreciation the last 10 years has been 6.2%.

SCHOOLS
New Hope public schools spend $15,281 per student. The average school expenditure in the U.S. is $12,383. There are about 18.2 students per teacher in New Hope. More Education



Best Places to Live in New Hope Rankings


Housing Market in New Hope

It's a good time to buy in New Hope. Home Appreciation is up 14.4% in the last 12 months.
The median home price in New Hope is $314,200.
Real Estate: See Homes

Reviews for New Hope   2 Reviews
Jehovah's Witnesses - 2/8/2016
There are 12 Jehovah's witnesses withing a 5 mile radius of Cooper High School, yet this religion is not... Read More

Start Your Review of New Hope


Brrr..... - 5/31/2009
I am always cold... Read More


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Compare New Hope, Minnesota to any other place in the USA.

MAPS OF NEW HOPE, MINNESOTA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.New_Hope,Minnesota Map
ZIP CODES IN NEW HOPE, MINNESOTA
55428

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