New Hope, Minnesota: The Basics

The work force participation rate in New Hope is 66.1%, with an unemployment rate of 3.7%. For anyone in the labor force, the typical commute time is 22.7 minutes. 7.2% of New Hope’s community have a grad degree, and 24.5% have a bachelors degree. Among those without a college degree, 33.1% have some college, 26.1% have a high school diploma, and just 9.2% have an education less than senior high school. 5.7% are not covered by medical health insurance.

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New Hope, Minnesota is situated in Hennepin county, and has a community of 20907, and is part of the greater Minneapolis-St. Paul, MN-WI metropolitan region. The median age is 39.4, with 14.2% for the residents under 10 many years of age, 11% are between 10-19 years old, 12% of citizens in their 20’s, 13.5% in their 30's, 12.5% in their 40’s, 12.3% in their 50’s, 9.8% in their 60’s, 7.4% in their 70’s, and 7.3% age 80 or older. 47.3% of citizens are men, 52.7% female. 48.7% of inhabitants are recorded as married married, with 12.2% divorced and 31.3% never wedded. The percent of women and men confirmed as widowed is 7.8%.

The average household size in New Hope,The average household size in New Hope, MN is 3.06 family members, with 55.9% being the owner of their very own residences. The average home valuation is $225190. For people leasing, they pay an average of $1034 per month. 59.2% of families have dual incomes, and a median domestic income of $60675. Average individual income is $32043. 10% of residents are living at or below the poverty line, and 14.2% are handicapped. 8.5% of residents of the town are ex-members associated with the military.