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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