New Hope vs Elko New Market
Side-by-side comparison
How does New Hope, MN compare to Elko New Market, MN? New Hope has a population of 21,402 with a median household income of $73,698, while Elko New Market has 4,915 residents and a median income of $147,381. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | New Hope, MN | Elko New Market, MN | Difference |
|---|---|---|---|
| Population | 21,402 | 4,915 | +335.4% |
| Median Age | 41 | 33.9 | +20.9% |
| Foreign Born % | 18.3% | 5.1% | +258.8% |
| Metric | New Hope | Elko New Market | Difference |
|---|---|---|---|
| Median Income | $73,698 | $147,381 | -50.0% |
| Unemployment | 5.3% | 0.6% | +470.0% |
| Poverty Rate | 11.7% | 0% | +1170.0% |
| Bachelor's+ | 36.7% | 40.4% | -9.2% |
| Metric | New Hope | Elko New Market | Difference |
|---|---|---|---|
| Home Value | $314,600 | $407,400 | -22.8% |
| Median Rent | $1306/mo | $2311/mo | -43.5% |
| Housing Units | 9,417 | 1,682 | +459.9% |