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New Hope has the 1461st largest population in the United States. The population grew by 3.4% from 2010 to 2015, which was faster than the national average. New Hope is part of the Minneapolis metro area. Unemployment in the Minneapolis area is 3%, which is lower than the national average, and is getting better. Minneapolis has the 14th largest local economy in the US, and a high cost of living. The average pay for jobs in New Hope is above average at $53,450, and the median cost of a home in New Hope is $189,400, which is above the national average. 31% of workers in New Hope hold a bachelors degree or higher (above average), and 90% of workers have a high school degree (above average). Driving to work is especially common in New Hope. 73% of New Hope workers drive to work alone, 7% take public transit, 8% carpool, and 10% walk. People in New Hope spend an average of 22 minutes commuting to work, which is shorter than the national average of 26 minutes.

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