New Hope is a city in Minnesota state in USA with a population of 20913 residents.. The poverty rate of New Hope is 9.2%, which is 34% lower than national average. The typical household in New Hope earns $60762 a year, compared to the national median of $67,500. Nearly 41.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New Hope, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Hope remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Hope, only 32% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in New Hope is 106, which is 6% higher than national average. Median home value in New Hope is $235600 , which is 3% higher than national average. While median income in New Hope remained $60762, which is 10% lower than national average.