New Hope is a city located in Hennepin County, Minnesota. New Hope has a 2026 population of 20,164. New Hope is currently declining at a rate of -1.42% annually and its population has decreased by -7.95% since the most recent census, which recorded a population of 21,906 in 2020.
The median household income in New Hope is $77,662 with a poverty rate of 10.75%. The median age in New Hope is 40.5 years: 41.4 years for males, and 39.1 years for females. For every 100 females there are 89.9 males.
Data after 2023 is projected based on recent change
Overall: 40.5 years
Female: 39.1 years
Male: 41.4 years
There are 16,358 adults, (3,800 of whom are seniors) in New Hope.
Female: 11,151 (52.6%)
Male: 10,030 (47.4%)
The racial composition of New Hope includes 57.69% White, 25.12% Black or African American, 4.52% other race, 3.13% Asian, and smaller percentages for Native American, Native Hawaiian or Pacific Islander and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 12,220 | 57.69% |
| Black or African American | 5,321 | 25.12% |
| Two or more races | 1,895 | 8.95% |
| Other race | 957 | 4.52% |
| Asian | 663 | 3.13% |
| Native American | 95 | 0.45% |
| Native Hawaiian or Pacific Islander | 30 | 0.14% |
New Hope 's average per capita income is $55,366. Household income levels show a median of $77,662. The poverty rate stands at 10.75%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $138,974 | - |
| Families | $108,750 | $117,257 |
| Households | $77,662 | $97,394 |
| Non Families | $42,153 | $60,760 |
Average Income
Median Household Income
Poverty Rate