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CITY

New Hope

North Carolina · 1,487 residents · 2.535 sq mi
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The short version

New Hope has notably lower household income than the US average, with a median household income of $58,667. Population has grown 24% since 2023. Median home value is $162,800. At a median age of 33.8, residents skew younger than the country as a whole.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 33.8
US median: 38.9
More educated
41% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,487
+24%since 2023
from 1,200 in 2023
1990 – 2024
Population density
587 / sq mi
+24%since 2023
from 473 / sq mi in 2023
US average: 281
Median age
33.8
−27%since 2023
from 46.6 in 2023
US average: 38.9
Population, 1990 – 2024
5272K3K4K5K19902024New Hope
20241K
19902024
Section 02

Income & economy

Median household income
$58,667
+3%inflation adjusted, since 2023
from $55,324 in 2023
US average: $82,259
1990 – 2024
Per capita income
$26,117
−10%since 2023
from $28,979 in 2023
US average: $44,673
Households earning $100K+
39.4%
+3.7 ptssince 2023
from 35.8% in 2023
US average: 53.3%
Poverty rate
8.6%
+8.6 ptssince 2023
from 0.0% in 2023
US average: 12.5%
Income inequality (Gini)
0.289
−9%since 2023
from 0.319 in 2023
US average: 0.476
Workforce by industry, 2024
Information16.9%
US avg: 10.8%
Retail trade12%
US avg: 9.9%
Other services10.8%
US avg: 6.7%
Public administration8.7%
US avg: 4.8%
Arts, entertainment, food0.9%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$162,800
+1%inflation adjusted, since 2023
from $156,500 in 2023
US average: $376,019
1990 – 2024
Owner-occupied
71.8%
+1.5 ptssince 2023
from 70.3% in 2023
28.2% rent
Vacancy rate
14.7%
−3.2 ptssince 2023
from 17.9% in 2023
US average: 10.0%
Owner cost-burdened
8.1%
−2.8 ptssince 2023
from 10.9% in 2023
US average: 22.9%
Renter cost-burdened
83.4%
−16.6 ptssince 2023
from 100.0% in 2023
US average: 47.4%
Afford Score
2.8
−2%since 2023
from 2.8 in 2023
1990 – 2024
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic35.8%(430)
Black58.4%(701)
Hispanic / Latino3.9%(47)
Asian0%(0)
Other1.8%(22)
Diversity Score66.1%(793)
2024
White, non-Hispanic28.8%(428)
Black50.2%(747)
Hispanic / Latino19.2%(286)
Asian0%(0)
Other1.7%(26)
Diversity Score78.4%(1,166)
Diversity Score
78
+19%since 2023
from 66 in 2023
1990 – 2024
Section 05

Education

Bachelor's degree or higher
40.6%
Unchangedsince 2023
from 40.6% in 2023
US average: 35.6%
High school or higher
90.1%
+0.3 ptssince 2023
from 89.7% in 2023
US average: 89.6%
Graduate degree
8.5%
−2.3 ptssince 2023
from 10.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
16.4 min
−7%since 2023
from 17.5 min in 2023
US average: 26.5
Drive alone to work
66.9%
−4.6 ptssince 2023
from 71.6% in 2023
US average: 68.9%
Carpooled to work
29.2%
+4.2 ptssince 2023
from 25.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
3.8%
+0.4 ptssince 2023
from 3.4% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
12.7%
−2.2 ptssince 2023
from 14.9% in 2023
US average: 5.2%
Labor force participation
64.6%
+0.2 ptssince 2023
from 64.4% in 2023
US average: 63.5%
Self-employed
27.0%
−9.7 ptssince 2023
from 36.7% in 2023
US average: 13.1%
Management & professional
49.6%
−8.7 ptssince 2023
from 58.3% in 2023
US average: 42.5%
Section 08

People & community

Male
42.2%
+3.5 ptssince 2023
from 38.7% in 2023
Female
57.8%
−3.5 ptssince 2023
from 61.3% in 2023
Foreign born
8.2%
+8.2 ptssince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
15.1%
−1.5 ptssince 2023
from 16.5% in 2023
US average: 6.2%
With a disability
14.5%
+0.6 ptssince 2023
from 13.9% in 2023
US average: 13.3%
Uninsured
11.7%
+4.9 ptssince 2023
from 6.8% in 2023
US average: 8.4%
Broadband at home
95.5%
+1.4 ptssince 2023
from 94.1% in 2023
US average: 91.0%
English only at home
82.6%
−13.1 ptssince 2023
from 95.7% in 2023
US average: 77.7%
Spanish at home
17.4%
+13.1 ptssince 2023
from 4.3% in 2023
US average: 13.6%
Drill deeper

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Places similar to New Hope
Head to head

Compare New Hope to nearby cities

NEW HOPE VS
Goldsboro
Income$48,540−17%
Home value$200,400+23%
Population35,012+2255%
SEE FULL COMPARISON →
NEW HOPE VS
Kinston
Income$36,878−37%
Home value$119,300−27%
Population19,705+1225%
SEE FULL COMPARISON →
NEW HOPE VS
Wilson
Income$52,485−11%
Home value$210,700+29%
Population49,572+3234%
SEE FULL COMPARISON →
NEW HOPE VS
Smithfield
Income$43,270−26%
Home value$242,500+49%
Population13,114+782%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Hope, North Carolina?

New Hope, North Carolina has about 1,487 residents according to the 2024 American Community Survey.

What is the median household income in New Hope, North Carolina?

The typical household in New Hope, North Carolina earns about $58,667 a year. Half of households make more than that, and half make less.

Is New Hope, North Carolina expensive?

In New Hope, North Carolina, the median home is worth about $162,800.

How educated are people in New Hope, North Carolina?

About 40.6% of adults age 25 and over in New Hope, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in New Hope, North Carolina?

About 8.6% of people in New Hope, North Carolina live below the federal poverty line.

Has New Hope, North Carolina grown since 1990?

Yes, New Hope, North Carolina has shrunk since 1990. The population has lost about 3,004 residents, a change of about -67 percent over that period.

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

How we source and harmonize this data →