New Hope vs Minnesota Lake
Side-by-side comparison
How does New Hope, MN compare to Minnesota Lake, MN? New Hope has a population of 21,402 with a median household income of $73,698, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | New Hope, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 21,402 | 621 | +3346.4% |
| Median Age | 41 | 45.5 | -9.9% |
| Foreign Born % | 18.3% | 0% | +1830.0% |
| Metric | New Hope | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $73,698 | $62,875 | +17.2% |
| Unemployment | 5.3% | 3.9% | +35.9% |
| Poverty Rate | 11.7% | 12.1% | -3.3% |
| Bachelor's+ | 36.7% | 18.7% | +96.3% |
| Metric | New Hope | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $314,600 | $126,600 | +148.5% |
| Median Rent | $1306/mo | $950/mo | +37.5% |
| Housing Units | 9,417 | 312 | +2918.3% |