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CITY · 2020 ACS

New Hope

Alabama · 2,889 residents · 8.658 sq mi
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The short version

New Hope has roughly average household income, with a median household income of $71,250. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $128,800. Households here earn about 37% more than the Alabama median.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 40.3
US median: 38.8
Less educated
26% hold a bachelor's degree
US average: 33%
Less affordable
home values up 31%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,889
+14%since 2000
from 2,539 in 2000
1990 – 2025
Population density
334 / sq mi
+14%since 2000
from 293 / sq mi in 2000
US average: 280
Median age
40.3
+14%since 2000
from 35.5 in 2000
US average: 38.8
Population, 1990 – 2024
2K2K3K3K3K1990201020202024New Hope
20243K
1990201020202024
Section 02

Income & economy

Median household income
$71,250
+51%inflation adjusted, since 2000
from $31,458 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,400
+69%since 2000
from $15,655 in 2000
US average: $35,364
Households earning $100K+
48.1%
+32.4 ptssince 2009
from 15.7% in 2009
US average: 43.9%
Poverty rate
10.2%
−1.1 ptssince 2000
from 11.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Information16.4%
US avg: 11.1%
Retail trade8.7%
US avg: 10%
Wholesale trade7.6%
US avg: 6.7%
Other services3.6%
US avg: 6.6%
Finance & insurance2.6%
US avg: 5.5%
Public administration2.3%
US avg: 4.7%
Arts, entertainment, food1.8%
US avg: 2%
Professional, scientific, technical1.3%
US avg: 4.7%
Education & health services1.2%
US avg: 0.8%
Transportation & warehousing0.9%
US avg: 2.5%
Agriculture, forestry, fishing0.8%
US avg: 1.7%
Construction0.8%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$128,800
+31%inflation adjusted, since 2000
from $65,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$821
+29%inflation adjusted, since 2000
from $423 in 2000
US average: $1,124
Owner-occupied
69.7%
−5.8 ptssince 2000
from 75.5% in 2000
30.3% rent
Afford Score
1.8
−13%since 2000
from 2.1 in 2000
1990 – 2024
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.7%(2,404)
Black0.4%(9)
Hispanic / Latino0.9%(24)
Asian0.2%(6)
Other0%
Diversity Score3.9%(100)
2020
White, non-Hispanic88%(2,541)
Black1.3%(38)
Hispanic / Latino3.1%(91)
Asian0.2%(6)
Other2.2%(62)
Diversity Score17.1%(495)
Diversity Score
17
+334%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.2%
+13.8 ptssince 2000
from 12.4% in 2000
US average: 32.9%
High school or higher
87.6%
+18.9 ptssince 2000
from 68.7% in 2000
US average: 88.5%
Graduate degree
1.3%
−1.7 ptssince 2000
from 3.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.7 min
+27%since 2000
from 19.5 min in 2000
US average: 26.9
Drive alone to work
85.5%
+1.5 ptssince 2009
from 84.0% in 2009
US average: 75.1%
No vehicle available
4.1%
−3.4 ptssince 2009
from 7.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.2%
−11.1 ptssince 2011
from 17.3% in 2011
US average: 5.4%
Labor force participation
69.4%
+9.7 ptssince 2011
from 59.7% in 2011
US average: 63.4%
Management & professional
38.8%
−20.3 ptssince 2009
from 59.2% in 2009
US average: 39.3%
Section 08

People & community

Male
48.0%
−2.5 ptssince 2009
from 50.5% in 2009
Female
52.0%
+2.5 ptssince 2009
from 49.5% in 2009
Foreign born
0.5%
+0.3 ptssince 2009
from 0.1% in 2009
US average: 13.5%
Uninsured
5.7%
−79.2 ptssince 2013
from 84.9% in 2013
US average: 8.8%
Drill deeper

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Compare New Hope to nearby cities

NEW HOPE VS
Guntersville
Income$67,929−5%
Home value$324,800+152%
Population9,394+208%
SEE FULL COMPARISON →
NEW HOPE VS
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Income$64,333−10%
Home value$215,200+67%
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NEW HOPE VS
Huntsville
Income$74,714+5%
Home value$293,600+128%
Population233,627+7550%
SEE FULL COMPARISON →
NEW HOPE VS
Scottsboro
Income$53,929−24%
Home value$190,400+48%
Population16,123+428%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Hope, Alabama?

New Hope, Alabama has about 2,889 residents according to the 2020 American Community Survey.

What is the median household income in New Hope, Alabama?

The typical household in New Hope, Alabama earns about $71,250 a year. Half of households make more than that, and half make less.

Is New Hope, Alabama expensive?

In New Hope, Alabama, the median home is worth about $128,800, and the typical rent is about $821 a month.

How educated are people in New Hope, Alabama?

About 26.2% of adults age 25 and over in New Hope, Alabama hold a bachelor's degree or higher.

What is the poverty rate in New Hope, Alabama?

About 10.2% of people in New Hope, Alabama live below the federal poverty line.

Has New Hope, Alabama grown since 1990?

Yes, New Hope, Alabama has grown since 1990. The population has added about 641 residents, a change of about 29 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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