New Hope vs Forest Lake
Side-by-side comparison
How does New Hope, MN compare to Forest Lake, MN? New Hope has a population of 21,402 with a median household income of $73,698, while Forest Lake has 20,678 residents and a median income of $89,879. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | New Hope, MN | Forest Lake, MN | Difference |
|---|---|---|---|
| Population | 21,402 | 20,678 | +3.5% |
| Median Age | 41 | 38.8 | +5.7% |
| Foreign Born % | 18.3% | 6.1% | +200.0% |
| Metric | New Hope | Forest Lake | Difference |
|---|---|---|---|
| Median Income | $73,698 | $89,879 | -18.0% |
| Unemployment | 5.3% | 4.6% | +15.2% |
| Poverty Rate | 11.7% | 6.7% | +74.6% |
| Bachelor's+ | 36.7% | 35.7% | +2.8% |
| Metric | New Hope | Forest Lake | Difference |
|---|---|---|---|
| Home Value | $314,600 | $375,900 | -16.3% |
| Median Rent | $1306/mo | $1379/mo | -5.3% |
| Housing Units | 9,417 | 8,589 | +9.6% |