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New Hope, MN 55428 has a population of approximately 30,964 and experiences a population change rate of 3.44%. The population density is 3,824.1 / sq mi .
The median household income for New Hope, MN 55428 is $61,980, with 12,983 households and an average household size of 2.5.
The median value of a home in New Hope, MN 55428 is $289,900 with an appreciation rate of 7.10%. 55.99% of housing in the state is owned while 40.70% is rented.
The cost of living in New Hope, MN 55428 is 108.8 %.
The unemployment rate in New Hope, MN 55428 is 2.50%, and recent job growth is at 0.59%. Future job growth is projected at 32.19%.
The sales tax rate in New Hope, MN 55428 is 7.52%, while the income tax rate is 6.80% .
School expenditures in New Hope, MN 55428 are $19,300, and the school ratio is 16.1:1.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 6.7 degrees. The average rainfall is approximately 32.3 inches per year, with 52.5 inches of snow per year.