New Hope, a city located in the state of Minnesota (MN), is home to a population of approximately 21,620 people. New Hope boasts a median age of 41.4, with around 24.5% of its residents aged 60 or above. 6.1% of the population identifies as US Veterans. 15.4% of New Hope residents are disabled. The city has an average household income of $69,244, while the unemployment rate stands at 5.1%, and around 10.7% of the population is considered to be living below the poverty level. In terms of housing, the average home value in New Hope is $294,342, with a monthly rent averaging $1,230.