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Compare Elk River to New Hope

This post compares Elk River, Minnesota to New Hope, Minnesota across various dimensions, including population, median income, median age, percentage of housing that is rental, percent of households with kids, and other demographics.

Dimension Elk River (city) New Hope (city)
Population 23,924 20,909
Income (median) $57,060 $48,367
Home Value (median) $229,000 $202,400
White 92% 68%
Black 2% 21%
Asian 1% 3%
With Kids 41% 29%
Age (median) 37 38
Rentals 22% 44%

Questions and Answers:

Q: Which is more populated, Elk River or New Hope?
A: Elk River has a similar population count than New Hope: 23924 compared with 20909 total people.

Q: Do incomes tend to be higher in Elk River or in New Hope?
A: Incomes are on average higher in Elk River.

Q: Are homes more expensive in Elk River or New Hope?
A: Homes tend to be similarly priced in Elk River.

Q: Which has a higher percentage of housing rental units?
A: New Hope does. The percentage of rentals differs quite a bit: 22% for Elk River versus 44% for New Hope.

Somewhat similar in-state cities, towns, and CDPs to Elk River may include: Chaska, Ramsey, and Rosemount.

The statistics and analyses on this page are based on data from the U.S. Census American Community Survey.

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