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New Hope, North Carolina

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
1,487
Population
$58,667
Median Income
$162,800
Home Value
33.8
Median Age

Demographics

New Hope has a population of 1,487 with a median age of 33.8. Here is the racial and ethnic breakdown of the population:

Black
50.2%
White
29.9%
Hispanic
19.2%
Other
0.7%
Demographic Value
Total Population1,487
Median Age33.8
White29.9%
Black or African American50.2%
Hispanic or Latino19.2%
Other / Two or More Races0.7%
New Hope, North Carolina — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Black: 50.2%White: 29.9%Hispanic/Latino: 19.2%Other: 0.7%1,487PopulationBlackBlack50.2%WhiteWhite29.9%Hispanic/LatinoHispanic/Latino19.2%OtherOther0.7%

Income & Economy

The median household income in New Hope is $58,667, which is 27.2% below the national median of $80,610. The per capita income is $26,117. The poverty rate is 8.6%.

$58,667
Median Household Income
$26,117
Per Capita Income
8.6%
Poverty Rate

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Education

In New Hope, 90.1% of residents age 25+ have a high school diploma or higher, and 40.6% hold a bachelor's degree or higher (8.5% with a graduate or professional degree).

HS Diploma+
90.1%
Bachelor's+
40.6%
Graduate+
8.5%
Education Level % of Adults (25+)
High School Diploma or Higher90.1%
Bachelor's Degree or Higher40.6%
Graduate or Professional Degree8.5%

Housing

The median home value in New Hope is $162,800, below the national median of $303,400. The homeownership rate is 71.8%.

$162,800
Median Home Value
71.8%
Homeownership Rate
Housing Metric Value
Median Home Value$162,800
Homeownership Rate71.8%
Vacancy Rate14.7%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of New Hope, North Carolina?
The population of New Hope, North Carolina is 1,487 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Hope, North Carolina?
The median household income in New Hope, North Carolina is $58,667. This is 27.2% below the national median of $80,610.
What is the median home value in New Hope, North Carolina?
The median home value in New Hope, North Carolina is $162,800.
What percentage of people in New Hope have a college degree?
In New Hope, North Carolina, 40.6% of adults age 25 and older hold a bachelor's degree or higher, and 90.1% have a high school diploma or higher.
Is New Hope, North Carolina an affordable place to live?
The home price-to-income ratio in New Hope, North Carolina is 2.8x (median home value $162,800 vs. median income $58,667), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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