New Hope, MN Employment - Median Household Income, Unemployment Rate

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B

13%

Income/capita NAT. AVG.

10%

Household income NAT. AVG.

43%

Unemployment NAT. AVG.

Index	New Hope	Minnesota	National
Income per capita	$33,577	$33,225	$29,829
Median household income	$60,762	$63,217	$55,322
Median income owner occupied	$93,306	$77,618	$70,586
Median income renter occupied	$39,896	$34,348	$35,192
Median earnings male	$42,636	$40,933	$36,919
Median earnings female	$31,780	$29,114	$26,250
Unemployment rate	2.7%	3.4%	4.7%
Poverty level	9.2%	10.8%	15.1%

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Key findings

The income per capita in New Hope is 13% higher than the national average
The median household income in New Hope is 10% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New Hope is 43% lower than the national average
The poverty level in New Hope is 39% lower than the national average

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am i middle class

$40,503 $60,762 $121,524

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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New Hope median earnings by income bracket

New Hope employment by industry

Labour Type	Male	Female
Construction industry	7.1%	7.1%
Manufacturing sector	18.9%	18.9%
Financial & insurance services	4.2%	4.2%
Wholesale & retail services	15.7%	15.7%
Public administration	3.6%	3.6%
Transportation, warehousing & utilities	9.1%	9.1%
Education, health & social services	10.8%	10.8%
Other	29.6%	29.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Minnetonka Beach, MN	590	$250,001	351.9%
Sunfish Lake, MN	525	$250,001	351.9%
North Oaks, MN	5,244	$210,370	280.3%
Woodland, MN	537	$189,375	242.3%
Greenwood, MN	742	$183,750	232.1%
New Hope, MN	20,913	$60,762	9.8%

Cities with similar population

City	Population	Household Income	National Avg.
Lynn Haven, FL	20,910	$68,406	23.7%
Lorton, VA	20,924	$107,803	94.9%
Battle Ground, WA	20,931	$82,096	48.4%
Stephenville, TX	20,887	$48,602	12.1%
Dickinson, TX	20,870	$70,468	27.4%
New Hope, MN	20,913	$60,762	9.8%

Source: The New Hope, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).