B
13%
Income/capita NAT. AVG.
10%
Household income NAT. AVG.
43%
Unemployment NAT. AVG.
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IndexNew HopeMinnesotaNational
Income per capita$33,577$33,225$29,829
Median household income$60,762$63,217$55,322
Median income owner occupied$93,306$77,618$70,586
Median income renter occupied$39,896$34,348$35,192
Median earnings male$42,636$40,933$36,919
Median earnings female$31,780$29,114$26,250
Unemployment rate2.7%3.4%4.7%
Poverty level9.2%10.8%15.1%
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Key findings

  • The income per capita in New Hope is 13% higher than the national average
  • The median household income in New Hope is 10% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in New Hope is 43% lower than the national average
  • The poverty level in New Hope is 39% lower than the national average

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      am i middle class

      $
      Input your household income
      $40,503 $60,762 $121,524
      City
      $42,140 $63,217 $126,434
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      New Hope median earnings by income bracket

      New Hope employment by industry

      Labour TypeMaleFemale
      Construction industry7.1%7.1%
      Manufacturing sector18.9%18.9%
      Financial & insurance services4.2%4.2%
      Wholesale & retail services15.7%15.7%
      Public administration3.6%3.6%
      Transportation, warehousing & utilities9.1%9.1%
      Education, health & social services10.8%10.8%
      Other29.6%29.6%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Minnetonka Beach, MN590$250,001351.9%
      Sunfish Lake, MN525$250,001351.9%
      North Oaks, MN5,244$210,370280.3%
      Woodland, MN537$189,375242.3%
      Greenwood, MN742$183,750232.1%
      New Hope, MN20,913$60,7629.8%

      Cities with similar population

      City Population Household Income National Avg.
      Lynn Haven, FL20,910$68,40623.7%
      Lorton, VA20,924$107,80394.9%
      Battle Ground, WA20,931$82,09648.4%
      Stephenville, TX20,887$48,60212.1%
      Dickinson, TX20,870$70,46827.4%
      New Hope, MN20,913$60,7629.8%
      Source: The New Hope, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).