New Hope employment information

IndexNew HopeMinnesotaNational
Income per capita$29,364$33,225$29,829
Median household income$50,000$63,217$55,322
Median income owner occupied$82,361$77,618$70,586
Median income renter occupied$31,503$34,348$35,192
Median earnings male$40,328$40,933$36,919
Median earnings female$30,509$29,114$26,250
Unemployment rate3.0%3.4%4.7%
Poverty level10.3%10.8%15.1%
The New Hope, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in New Hope is $29,364, which is 12% lower than than the Minnesota average and 2% lower than than the national average. The median household income is $50,000, which is 21% lower than than the Minnesota average and 10% lower than than the national average. The unemployment rate in New Hope is 3%, which is 35% lower than than the national average. The poverty rate in New Hope is 10% which is 32% lower than than the national average.

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am i middle class

$Input your household income
$33,330$50,000$100,000
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.

Did you know?

  • The income per capita in New Hope is 2% lower than the national average.
  • The median household income in New Hope is 10% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in New Hope is 35% lower than the national average.
  • The poverty level in New Hope is 32% lower than the national average.

Real Estate Listings In New Hope

Compare New Hope, MN Employment To Other Cities

Employment status

Hours worked per week

New Hope median earnings by income bracket

New Hope employment by industry

Labour TypeMaleFemale
Construction industry6.4%0.4%
Manufacturing sector17.3%0.9%
Financial & insurance services10.5%9.3%
Wholesale & retail services15.3%15.3%
Public administration4.4%1.6%
Transportation, warehousing & utilities5.0%2.8%
Education, health & social services8.5%34.5%
Other31.4%29.9%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Minnetonka Beach, MN586$197,031256%
Sunfish Lake, MN608$175,625217%
North Oaks, MN4,832$149,507170%
Woodland, MN449$149,063169%
Medina, MN5,633$137,692149%
New Hope, MN20,819$50,00010%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Marina, CA20,816$57,1353%
Merrick, NY20,808$138,570150%
Erie, CO20,801$110,877100%
Adrian, MI20,800$33,92139%
Monsey, NY20,791$38,85930%
New Hope, MN20,819$50,00010%
Source: The New Hope, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).