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New Hope, Virginia

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
900
Population
$87,661
Median Income
$323,600
Home Value
51.8
Median Age

Demographics

New Hope has a population of 900 with a median age of 51.8. Here is the racial and ethnic breakdown of the population:

White
95.8%
Other
4.2%
Demographic Value
Total Population900
Median Age51.8
White95.8%
Other / Two or More Races4.2%
New Hope, Virginia — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 95.8%Other: 4.2%900PopulationWhiteWhite95.8%OtherOther4.2%

Income & Economy

The median household income in New Hope is $87,661, which is 8.7% above the national median of $80,610. The per capita income is $36,824.

$87,661
Median Household Income
$36,824
Per Capita Income

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Education

In New Hope, 94.0% of residents age 25+ have a high school diploma or higher, and 28.5% hold a bachelor's degree or higher (10.4% with a graduate or professional degree).

HS Diploma+
94.0%
Bachelor's+
28.5%
Graduate+
10.4%
Education Level % of Adults (25+)
High School Diploma or Higher94.0%
Bachelor's Degree or Higher28.5%
Graduate or Professional Degree10.4%

Housing

The median home value in New Hope is $323,600, above the national median of $303,400. The homeownership rate is 90.1%.

$323,600
Median Home Value
90.1%
Homeownership Rate
Housing Metric Value
Median Home Value$323,600
Homeownership Rate90.1%

Salaries in Virginia

Explore salary data for popular occupations in Virginia:

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Other Cities in Virginia

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Frequently Asked Questions

What is the population of New Hope, Virginia?
The population of New Hope, Virginia is 900 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Hope, Virginia?
The median household income in New Hope, Virginia is $87,661. This is 8.7% above the national median of $80,610.
What is the median home value in New Hope, Virginia?
The median home value in New Hope, Virginia is $323,600.
What percentage of people in New Hope have a college degree?
In New Hope, Virginia, 28.5% of adults age 25 and older hold a bachelor's degree or higher, and 94.0% have a high school diploma or higher.
Is New Hope, Virginia an affordable place to live?
The home price-to-income ratio in New Hope, Virginia is 3.7x (median home value $323,600 vs. median income $87,661), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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