Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

298 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,616

Average Rent as Percentage of Gross Income

Median rent for 2018: $967

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $47,008
--Home Prepared Food $26,489
--Restaurant/Takeaway Food $20,520
Alcoholic Beverages $3,451
Housing $119,153
--Rent/Mortgage/Upkeep/Taxes $69,673
--Utilities $24,017
--Operations $9,047
--Supplies $4,430
--Furnishings $12,032
Apparel $11,053
--Men & Boys $2,472
--Women & Girls $4,477
--Children < 2 $47
--Footwear $2,332
Transportation $57,874
--New Vehicles $10,819
--Used Vehicles $12,358
--Fuel $12,498
--Insurance $5,783
--Public Transit $4,850
Healthcare $29,474
Entertainment $19,120
--Pets $3,917
--Toys $933
Personal Care Products $4,570
Books & Literature $653
Education $8,348
Tobacco Products $2,052
Miscellaneous $5,876
Retirement $11,192
Non-health Insurance $43,278
Total Expenditures $363,103

Selected Population Data

Period Geography Population
2014 New Hope city, Minnesota 20,648
2015 New Hope city, Minnesota 20,775
2016 New Hope city, Minnesota 20,819
2017 New Hope city, Minnesota 20,909
2018 New Hope city, Minnesota 20,922