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New Hope Minnesota Real Estate By Jennifer Hershey

New Hope Minnesota Real Estate

New Hope, Minnesota, is located in Hennepin County, 4 miles E of Plymouth, Minnesota and 302 miles NW of Milwaukee, Wisconsin. New Hope has a population of 20,873.

New Hope Homes

New Hope properties pool is 8,663 residential properties including New Hope new homes. Median age of real estate in New Hope is 1967. Average Household size is 2.91 people. 4% are one bedroom homes, 9% are 2 bedroom homes, 58% are 3 bedroom homes, 26% are 4 bedroom homes, and 4% are 5+ bedroom homes.

New Hope Mortgage Statistics

New Hope mortgages vs. USA median statistics

Homes New Hope USA
Homes With No Mortgage 25%
30%
Homes With Mortgage 75%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 23%
16%

New Hope Area Real Estate Tax

New Hope Real estate Tax: Median Real Estate Taxes (2000) were $1,668 comparing to 1999 Median Family income $ 60,424. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

New Hope School District: Children make up 21.3% of New Hope population. New Hope has 4,455 under 18 years old residents, or 0.4 kids per one worker, or 0.51 kids per one household.

New Hope Real Estate & New Hope Homeownership

There are 2772.16 or 32% one person households, 3032.05 or 35% two person households, and 1299.45 or 15% three person households in New Hope, Minnesota. Median residents age is 38.3, Senior citizens (65+) make up 3,705 or 17.8%% of New Hope population.

There are 11,204 workers (over 16 years of age) in New Hope. Of these, 90.99% drive to work. Approximately 2.7% of workers in New Hope take public transportation. An estimated 2.61% walk to work.

Median New Hope homeowner's housing expences are 17.1%

Crime in New Hope (2003), crimes per 10,000 residents per year

Type of Crime New Hope USA, 2003
Violent Crimes
18.21
47.5
Robberies
3.35
14.2
Aggravated Assaults
9.58
29.5
Property Crimes
274.04
358.8
Burglaries
37.37
74.0
Larceny-Thefts
224.69
241.5
Motor Vehicle Thefts
11.98
43.3

Invest in New Hope Properties

When making a decision about buying real estate in New Hope Minnesota area, you should consider following statistical data:

Category New Hope USA
Near Medium City
Plymouth, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
New Hope Zip Codes
55427, 55428
-
New Hope Area Codes
763
-
White population
86.66%
75.1%
African-American population
5.78%
12.3%
Asian
3.21%
3.6%
American Indian & Alaskan
0.46%
0.9%
Hispanic (of any race)
3.45%
12.5%
Median Family Income (1999)
$ 60,424%
$42,000
Population Below Poverty Level
6.21%
12.4%

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