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Population Review

New Hope, Minnesota Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of New Hope, Minnesota is 21,402 as of the 2023 American Community Survey, making it the 54th-largest city in Minnesota. The median household income is $73,698, the median home value is $314,600, and the median age is 41.0.

The population has grown 1.9% since 2010 (20,349 → 20,745).

21,402

Population

4231

People / sq mi

$73,698

Median Income

$314,600

Median Home Value

New Hope covers 5.1 sq mi of land at 4231 people per square mile.

About New Hope, MN

New Hope is a city in Minnesota with a population of 21,402. It ranks #54 among cities in Minnesota by population. The median age is 41.0, older than the national median. The population is 47.8% male and 52.2% female.

The median household income in New Hope is $73,698, near the US median of $74,580. 8.9% of residents live below the federal poverty level. Home values sit at a median of $314,600, with monthly rent averaging $1,306. The homeownership rate of 52.5% is lower than the national rate of 64.8%.

Educational attainment in New Hope reflects 36.7% of adults 25 and older holding a bachelor's degree or higher, above the national average of 34.3%. Roughly 14.3% of workers primarily work from home, similar to the national work-from-home rate of 14.2%. The average commute is 21.1 minutes each way.

New Hope city Population History (2010-2024)

The city of New Hope city had a population of 20,349 in 2010 and 20,745 in 2024, a 1.9% growth over 14 years. The peak was 21,906 in 2020. Average annual growth rate: 0.15%.

2020 · 22K20102024

20,745

Population (2024)

20,349

Population (2010)

21,906

Peak (2020)

0.15%

Avg Annual Growth

YearPopulation
201020,349
201120,553
201220,761
201320,805
201420,798
201520,846
201620,921
201721,007
201821,034
201920,907
202021,906
202121,460
202221,073
202320,778
202420,745

Race & Ethnicity

White61.6%
Black or African American26.9%
Asian0.0%
Hispanic or Latino (any race)2.3%
Two or More Races0.0%

Economy & Income

$73,698

Median Household Income

$40,450

Per Capita Income

8.9%

Poverty Rate

3.7%

Unemployment Rate

Housing

$314,600

Median Home Value

$1,306

Median Rent

52.5%

Owner-Occupied

Education

94.0%

High School+

36.7%

Bachelor's+

Commute

1.0%

Drive Alone

73.4%

Public Transit

14.3%

Work From Home

21.1 min

Avg Commute

Community Profile

22.2%

Foreign Born

82.9%

Non-English at Home

4.9%

Veterans

13.1%

With Disability

93.9%

Health Insurance

94.2%

Internet Access

Employment by Industry

Professional, Scientific & Management24.2%
Manufacturing17.1%
Finance, Insurance & Real Estate11.2%
Education, Health Care & Social Services8.0%
Information7.7%
Retail Trade6.4%
Arts, Entertainment & Food Services5.2%
Construction4.3%
Public Administration4.0%
Transportation & Warehousing0.4%
Agriculture & Mining0.4%

Largest cities in Minnesota

Largest counties in Minnesota

Part of Minnesota

Metro areas in Minnesota

City rankings

Frequently Asked Questions

New Hope, Minnesota has a population of 21,402 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 54th-largest city in Minnesota.

The median household income in New Hope, Minnesota is $73,698, with 8.9% of residents living below the federal poverty level.

The median home value in New Hope, Minnesota is $314,600, with median monthly rent at $1,306 and a homeownership rate of 52.5%.

The median age in New Hope, Minnesota is 41.0 years. The population is 47.8% male and 52.2% female.

The population has grown 1.9% since 2010 (20,349 → 20,745).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.