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New Hope, Mississippi

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,952
Population
$79,577
Median Income
$238,200
Home Value
32.6
Median Age

Demographics

New Hope has a population of 3,952 with a median age of 32.6. Here is the racial and ethnic breakdown of the population:

White
67.8%
Black
25.8%
Other
4.1%
Hispanic
2.2%
Demographic Value
Total Population3,952
Median Age32.6
White67.8%
Black or African American25.8%
Asian0.1%
Hispanic or Latino2.2%
Other / Two or More Races4.1%
New Hope, Mississippi — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 67.8%Black: 25.8%Other: 4.1%Hispanic/Latino: 2.2%Other: 0.1%3,952PopulationWhiteWhite67.8%BlackBlack25.8%OtherOther4.1%Hispanic/LatinoHispanic/Latino2.2%OtherOther0.1%

Income & Economy

The median household income in New Hope is $79,577, which is 1.3% below the national median of $80,610. The per capita income is $32,283. The poverty rate is 2.9%.

$79,577
Median Household Income
$32,283
Per Capita Income
2.9%
Poverty Rate

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Education

In New Hope, 95.0% of residents age 25+ have a high school diploma or higher, and 38.7% hold a bachelor's degree or higher (11.7% with a graduate or professional degree).

HS Diploma+
95.0%
Bachelor's+
38.7%
Graduate+
11.7%
Education Level % of Adults (25+)
High School Diploma or Higher95.0%
Bachelor's Degree or Higher38.7%
Graduate or Professional Degree11.7%

Housing

The median home value in New Hope is $238,200, below the national median of $303,400. The median monthly rent is $989. The homeownership rate is 79.8%.

$238,200
Median Home Value
$989/mo
Median Rent
79.8%
Homeownership Rate
Housing Metric Value
Median Home Value$238,200
Median Monthly Rent$989
Homeownership Rate79.8%
Vacancy Rate4.1%

Salaries in Mississippi

Explore salary data for popular occupations in Mississippi:

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Other Cities in Mississippi

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Frequently Asked Questions

What is the population of New Hope, Mississippi?
The population of New Hope, Mississippi is 3,952 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Hope, Mississippi?
The median household income in New Hope, Mississippi is $79,577. This is 1.3% below the national median of $80,610.
What is the median home value in New Hope, Mississippi?
The median home value in New Hope, Mississippi is $238,200. The median monthly rent is $989.
What percentage of people in New Hope have a college degree?
In New Hope, Mississippi, 38.7% of adults age 25 and older hold a bachelor's degree or higher, and 95.0% have a high school diploma or higher.
Is New Hope, Mississippi an affordable place to live?
The home price-to-income ratio in New Hope, Mississippi is 3.0x (median home value $238,200 vs. median income $79,577), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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