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CITY · 2020 ACS

New Hope

North Carolina · 1,588 residents · 2.535 sq mi
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The short version

New Hope has roughly average household income, with a median household income of $63,449. Population has fallen 65% since 1990, a loss of 2,903 residents. Median home value has risen by half since 1990, reaching $129,500. Poverty is rare here, at 1.5% of residents.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 40.9
US median: 38.8
Average education
34% hold a bachelor's degree
US average: 33%
More affordable
home values down 17%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,588
−65%since 1990
from 4,491 in 1990
1990 – 2024
Population density
626 / sq mi
−65%since 1990
from 1,772 / sq mi in 1990
US average: 280
Median age
40.9
+31%since 1990
from 31.3 in 1990
US average: 38.8
Population, 1990 – 2024
5272K3K4K5K19902024New Hope
20241K
19902024
Section 02

Income & economy

Median household income
$63,449
+2%inflation adjusted, since 1990
from $31,349 in 1990
US average: $66,278
1990 – 2024
Per capita income
$26,562
+121%since 1990
from $12,029 in 1990
US average: $35,364
Households earning $100K+
34.1%
US average: 43.9%
Poverty rate
1.5%
−4.8 ptssince 1990
from 6.3% in 1990
US average: 12.8%
Workforce by industry, 2020
Retail trade11.8%
US avg: 10%
Information9.7%
US avg: 11.1%
Wholesale trade4.5%
US avg: 6.7%
Other services2.3%
US avg: 6.6%
Transportation & warehousing1.5%
US avg: 2.5%
Arts, entertainment, food1.5%
US avg: 2%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$129,500
−17%inflation adjusted, since 1990
from $78,500 in 1990
US average: $265,253
1990 – 2024
Median gross rent
$935
+40%inflation adjusted, since 1990
from $337 in 1990
US average: $1,124
Owner-occupied
71.5%
−8.8 ptssince 1990
from 80.3% in 1990
28.5% rent
Afford Score
2.0
−18%since 1990
from 2.5 in 1990
1990 – 2024
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

1990
White, non-Hispanic68.7%(3,084)
Black28.9%(1,300)
Hispanic / Latino0.5%(22)
Asian1.8%(81)
Other0.6%(26)
Diversity Score56.2%(2,524)
2020
White, non-Hispanic46.5%(739)
Black33.2%(528)
Hispanic / Latino11.4%(181)
Asian2.5%(39)
Other7.4%(117)
Diversity Score82.6%(1,312)
Diversity Score
83
+47%since 1990
from 56 in 1990
1990 – 2024
Section 05

Education

Bachelor's degree or higher
33.8%
+12.0 ptssince 1990
from 21.8% in 1990
US average: 32.9%
High school or higher
96.1%
+18.2 ptssince 1990
from 77.8% in 1990
US average: 88.5%
Graduate degree
5.1%
Unchangedsince 1990
from 5.1% in 1990
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.7 min
US average: 26.9
Drive alone to work
83.1%
US average: 75.1%
No vehicle available
2.8%
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
US average: 5.4%
Labor force participation
67.5%
US average: 63.4%
Management & professional
57.9%
US average: 39.3%
Section 08

People & community

Male
44.4%
Female
55.6%
Foreign born
7.5%
US average: 13.5%
Uninsured
3.6%
US average: 8.8%
Drill deeper

Places similar to New Hope

Felton
Pop 1,386
Pierson
Pop 1,555
Hawthorne
Pop 1,505
Astor
Pop 1,391
Places similar to New Hope
Head to head

Compare New Hope to nearby cities

NEW HOPE VS
Goldsboro
Income$48,540−23%
Home value$200,400+55%
Population35,012+2255%
SEE FULL COMPARISON →
NEW HOPE VS
Kinston
Income$36,878−42%
Home value$119,300−8%
Population19,705+1225%
SEE FULL COMPARISON →
NEW HOPE VS
Wilson
Income$52,485−17%
Home value$210,700+63%
Population49,572+3234%
SEE FULL COMPARISON →
NEW HOPE VS
Smithfield
Income$43,270−32%
Home value$242,500+87%
Population13,114+782%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Hope, North Carolina?

New Hope, North Carolina has about 1,588 residents according to the 2020 American Community Survey.

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

The typical household in New Hope, North Carolina earns about $63,449 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 $129,500, and the typical rent is about $935 a month.

How educated are people in New Hope, North Carolina?

About 33.8% 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 1.5% 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 2,903 residents, a change of about -65 percent over that period.

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

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