Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

New Hope, MN Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

21,181

Median Agei

40.5

Race & Ethnicityi

White

55.6%11,779

Black

25.1%5,321

Hispanic/Latino

10.3%2,190

Two or More

4.7%992

Asian

3.1%663

Other

0.6%127

American Indian/Alaska Native

0.4%79

Native Hawaiian/Pacific Islander

0.1%30

Educational Attainment (Age 25+)i

GED/Alternative

3.9%584

High School Diploma

22.8%3,425

Some College (<1 yr)

6.4%967

Some College (1+ yr)

15.4%2,318

Associate's Degree

10.1%1,522

Bachelor's Degree

25.3%3,797

Master's Degree

8.4%1,269

Professional Degree

1.3%198

Doctorate

1%154

HS or Higher

94.7%

BA or Higher

36.1%

Graduate+

10.8%

Housingi

Median Home Valuei

$337,000

Median Renti

$1,335

Tenure

Owner-Occupied

52.6%4,666

Renter-Occupied

47.4%4,209

Total Units

9,229

Homeownership

52.6%

Vacancy Rate

3.8%

Home Values

Under $50K

2.9%136

$50K–$100K

0.8%35

$100K–$150K

2.5%116

$150K–$200K

2.2%101

$200K–$300K

21.9%1,020

$300K–$500K

67.7%3,161

$500K–$1M

2.1%97

Rent Distribution

Under $500

275

$500–$750

$750–$1,000

298

$1,000–$1,250

1,013

$1,250–$1,500

1,321

$1,500–$2,000

859

$2,000+

357

Year Built

2010–2019

4.4%403

2000–2009

5.9%544

1990–1999

2.2%204

1980–1989

10.7%984

1970–1979

22.3%2,062

1960–1969

40.5%3,734

1950–1959

11%1,015

1940–1949

1.8%169

1939 or earlier

1.2%114

Heating Fuel

Utility Gas

68.7%6,099

Electricity

26.9%2,388

Other

1.6%140

No Fuel

1.4%125

Bottled/LP Gas

1.2%108

Fuel Oil

0.2%15

Economyi

Median Household Incomei

$77,662

Mean Household Incomei

$97,394

Per Capita Incomei

$40,928

Poverty Ratei

10.4%

Unemploymenti

Labor Forcei

11,880

Household Income Distribution

Under $10K

5.6%495

$10K–$15K

4.7%415

$15K–$20K

1.6%138

$20K–$25K

2.8%245

$25K–$30K

3%269

$30K–$35K

5.4%475

$35K–$40K

3.1%275

$40K–$45K

2.2%195

$45K–$50K

3.7%325

$50K–$60K

6.6%585

$60K–$75K

10.2%905

$75K–$100K

10.7%948

$100K–$125K

8.9%788

$125K–$150K

8.6%761

$150K–$200K

15.1%1,343

$200K+

8%713

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

391

Residentsi

708

Avg. Tenant Renti

$477/mo

Avg. Waitlisti

5 months

Programs in this community

Public Housing13 homes88% occupied$727/mo rent

Government-owned housing managed by local housing authorities

Housing Choice Vouchers206 homes96% occupied$479/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 8171 homes90% occupied$455/mo rent

Privately owned apartments with rent subsidies tied to the building

202/PRAC1 homes

Household Incomei

Based on area median of $77,662/yr

Extremely low incomeUnder $23K/yr

84.6%

Very low income$23K–$39K/yr

13.3%

Low income$39K–$62K/yr

1.8%

Moderate / aboveOver $62K/yr

0.3%

Who Receives This Housing

74.7% of subsidized households are headed by a single mother

55.7% of subsidized households are minority

36.4% of subsidized households include someone with a disability

48.3% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

3,99218.8%

By Region

Top Countries

Mexico

449

Guatemala

Philippines

Korea

India

Canada

United Kingdom

Commute & Transportationi

Workersi

11,012

Avg. Commutei

19.4 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

11,273

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

764(4.7% of civilian adults)

Health Insurancei

94.7%Insured

5.3%Uninsured