New Hope, TN demographics:
population, income, and more

Total population
862
-7.1% year-over-year change
Median household income
$77,727/yr
24.6% year-over-year change
Housing units
369
-4.9% year-over-year change

New Hope population

How many people live in New Hope

New Hope is home to 862 residents, according to the most recent Census data. Gender-wise, 50.1% of New Hope locals are male, and 49.9% are female.

Total population
862
-7.1% year-over-year change
Gender ratio
Male
50.1%
432
Female
49.9%
430
Value Percent YoY change
Male 432 50.1% -0.9%
Female 430 49.9% -12.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in New Hope is 39, with the population distributed as follows: about 15.1% are children under 15, then 13.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 26.6% of the population, while another 26.3% fall into the 45 to 64 bracket. Finally, around 18.9% are 65 or older.

Median age
38.9
Age breakdown
Under 15
15.1%
15 to 24
13.1%
25 to 44
26.6%
45 to 64
26.3%
Over 65
18.9%
Value Percent YoY change
Under 15 130 15.1% -21.7%
15 to 24 113 13.1% 3.7%
25 to 44 229 26.6% -3.0%
45 to 64 227 26.3% -4.2%
Over 65 163 18.9% -9.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 3.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 862 100% -6.8%
Racial breakdown
White
96.8%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3.2%
Other
0%
Value Percent
White 834 96.8%
Two or more races 28 3.2%

Households in New Hope

A peek inside New Hope households

New Hope has 350 households, with an average of 2 members in each. Of these, 71.7% are families, while the remaining 28.3% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
350
-1.4% year-over-year change
Average people per household
2
Non-family households
99
Family households
251
Value Percent YoY change
Non-family households 99 28.3% -2.0%
Family households 251 71.7% -1.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in New Hope

The housing landscape of New Hope

New Hope's housing consists of 369 units, with 74% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 23.3% of the housing landscape.

Housing units
369
-4.9% year-over-year change
Housing types
Value Percent
1 unit, detached 273 74%
2 units 5 1.4%
Mobile home 86 23.3%
Boat, RV, van, etc. 5 1.4%
Homes built since 2020
5
-16.7% year-over-year change

The age of buildings in New Hope

In New Hope, the median construction year is 1983. Most development happened in the second half of the 20th century. Then, 9.2% of homes were added from 2000 to 2009, 8.1% between 2010 and 2019, and 1.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 16 4.3% -51.5%
Built between 1950 and 1959 73 19.8% -9.9%
Built between 1960 and 1969 18 4.9% 5.9%
Built between 1970 and 1979 42 11.4% 133.3%
Built between 1980 and 1989 103 27.9% 27.2%
Built between 1990 and 1999 48 13% -36.8%
Built between 2000 and 2009 34 9.2% -33.3%
Built between 2010 and 2019 30 8.1% 42.9%
Built in 2020 or later 5 1.4% -16.7%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

New Hope occupancy rates

Out of the 350 occupied housing units in New Hope, 89.7% are owner-occupied, while 10.3% are lived in by tenants. Meanwhile, 5.1% of all homes on the local market sit vacant.

Occupied housing units
350
-1.4% year-over-year change
Occupancy breakdown
Renter occupied
36
Owner occupied
314
Value Percent YoY
change
Renter occupied 36 10.3% -12.2%
Owner occupied 314 89.7% 0.0%
Unoccupied housing units
5.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

New Hope housing costs

Housing costs in New Hope come to a median of $669 per month, while tenants specifically pay a median gross rent of $775.

Median housing costs per month
$669/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in New Hope
$775/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in New Hope

New Hope education at a glance

About 46.2% of the population in New Hope went to high school, while 26.3% pursued college studies. Another 16.6% earned an associate degree and 5.4% hold a bachelor’s. Meanwhile, 2.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 18 2.5% -28.0%
High school diploma 330 46.2% 7.5%
College diploma 188 26.3% -23.9%
Associate degree 119 16.6% 4.4%
Bachelor's degree 39 5.4% -9.3%
Graduate degree 21 2.9% 110.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in New Hope

How much people earn in New Hope

The average annual household income in New Hope was $70,351 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +6.8% change from the previous year. At the same time, the median income stood at $77,727, reflecting a +24.6% shift over the same period.

Average household income in New Hope
$70,351/year
6.8% year-over-year change
Median household income in New Hope
$77,727/year
24.6% year-over-year change

New Hope income by age

In New Hope, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $78,669. Those with someone between 45 and 64 in charge, often well established professionally, earn $78,281 overall. Overall, 76.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $78,669 4.8%
45 - 64 $78,281 3.6%
Over 65 $61,250 -3.9%
Above poverty level
658
Below poverty level
198
Value Percent YoY
change
Above poverty level 658 76.9% -1.6%
Below poverty level 198 23.1% -7.9%

Employment in New Hope

Workforce and job types in New Hope

The job market in New Hope is powered by 401 working residents, spread across a range of industries and roles. 63.6% of the working population are employed in professional or administrative positions, while 36.4% are in hands-on or service-based jobs. Also, 12.5% run their own businesses, 74.3% are employed by private companies, and 11% work in the public sector.

Workforce demographics

Working population
401
-6.3% year-over-year change
White collar
255
Blue collar
146
Value Percent YoY change
White collar 255 63.6% -10.2%
Blue collar 146 36.4% 1.4%
Employer type
Self employees
12.5%
Private companies
74.3%
Governmental workers
11%
Not for profit companies
2.2%
Value Percent YoY change
Self employees 50 12.5% 16.3%
Private companies 298 74.3% -7.2%
Governmental workers 44 11% -13.7%
Not for profit companies 9 2.2% -30.8%
Unemployment rate
12.6%
18.4% year-over-year change

Available workforce

The unemployment rate in New Hope stands at 12.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in New Hope

How people get around in New Hope

Commuting methods vary: 88.2% of residents travel by personal vehicle and 1.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 337 88.2% -7.2%
Walk 6 1.6% -25.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in New Hope by zipcode?

Zipcode Population Number of households Median income Average income
37380 6,688 2,545 $59,304 $74,000

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FAQs about New Hope demographics 

What is the total population of New Hope?

New Hope has a total population of 862 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -7.1% compared to a year ago.

What is the gender ratio in New Hope?

The gender ratio in New Hope is as follows:
  • 50.1% males (432 residents)
  • 49.9% females (430 residents)

What is the median age in New Hope?

The median age in New Hope is 38.9.

What is the age distribution of the population in New Hope?

The age distribution in New Hope is as follows:
  • Under 15: 15.1% (130 residents)
  • Ages 15-24: 13.1% (113 residents)
  • Ages 25-44: 26.6% (229 residents)
  • Ages 45-64: 26.3% (227 residents)
  • Over 65: 18.9% (163 residents)

What is the racial and ethnic makeup of New Hope?

The racial and ethnic makeup of New Hope is as follows:
  • White: 96.8% (834 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 3.2% (28 residents)
  • Other: 0% (0 residents)

What percentage of the population in New Hope are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in New Hope.

How many housing units are there in New Hope?

There are 369 housing units in New Hope, reflecting a -4.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in New Hope and what is the average household size?

New Hope has a total of 350 households, with an average of 2 people in each.

What is the median household income in New Hope?

New Hope has a median household income of $77,727, representing a +24.6% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for New Hope?

The employment rate is 87.4% in New Hope, with a workforce of 401 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 63.6% (255 residents)
  • Blue-collar workers: 36.4% (146 residents)

Places of employment:
  • Self-employed: 12.5% (50 residents)
  • Private companies: 74.3% (298 residents)
  • Governmental workers: 11% (44 residents)
  • Not-for-profit companies: 2.2% (9 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025