Pros and Cons of Living In New Hope, Minnesota. Is New Hope, MN a Nice Place To Live or Retire?

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New Hope, Minnesota

Moving to New Hope In Minnesota ? Is New Hope, MN a Nice Place To Live? Pros and Cons of Living in New Hope, Minnesota. Find out the best and worst about to live, raise a family or retire in New Hope.

DEMOGRAPHICS

Population
20913
Unemployment
3.9%
17% NAT AVG.
Poverty
9.2%
34% NAT AVG.
Cost Of Living
106
6% NAT AVG.

ECONOMICS

Median Home Cost
$235600
3% NAT AVG.
Median Income
$60762
10% NAT AVG.
Median Rent
$1084
7% NAT AVG.
Overall Score
8

CRIME REPORT

Total Crime
600
22% NAT. AVG.
19% STATE AVG.
Violent Crime
35
57% NAT. AVG.
40% STATE AVG.
Property Crime
565
38% NAT. AVG.
27% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 11
Unemployed People
1 in 26
People Earning < $10,000
1 in 24
People Earning < $50,000
41.2%
People With Any Degree
1 in 2.4

ETHNICITY

Ethnicity New Hope USA
White 61% 60.1%
African American 23.9% 12.2%
American Indian 0.3% 0.6%
Asian 3.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.8% 2.8%
Hispanic 7.5% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME New Hope USA
Less than $10,000 4.1% 5.8%
$10,000 to $14,999 3.9% 4.1%
$15,000 to $24,999 10.1% 8.5%
$25,000 to $34,999 8% 8.6%
$35,000 to $49,999 15.1% 12.0%
$50,000 to $74,999 17.6% 17.2%
$75,000 to $99,999 10.3% 12.8%
$100,000 to $149,999 21.4% 15.6%
$150,000 to $199,999 4.7% 7.1%

EDUCATION

Education New Hope USA
< 9th Grade 3% 5.0%
9-12th Grade 5% 7.0%
High School or GED 26% 27.0%
Other College 25% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 25% 20.0%
Master's Degree 6% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
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. The unemployment rate of New Hope remained 3.9%, which is 17% lower than national rate.

Cost of living in New Hope is 106, which is 6% higher than national average. In New Hope, only 32% of adults have a bachelor's degree and 34% have some college but no degree. 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.
New Hope Scorecard

Jobs80%

Housing85%

Affordability50%

Safety60%

Amenities90%

Diversity90%

Education80%

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