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CITY

New Hope

Pennsylvania · 2,629 residents (2025 est.) · 1.27 sq mi
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The short version

New Hope is significantly wealthier than the US average, with a median household income of $175,156. Population has grown 16% since 2000. 74% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than doubled since 2000, reaching $716,200. With a median age of 58.1, the population is older than the US median of 38.9. It ranks in the top 1% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 58.1
US median: 38.9
More educated
74% hold a bachelor's degree
US average: 36%
Less affordable
home values up 43%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,622
+16%since 2000
from 2,252 in 2000
1990 – 2025
Population density
2,065 / sq mi
+16%since 2000
from 1,773 / sq mi in 2000
US average: 281
Median age
58.1
+41%since 2000
from 41.2 in 2000
US average: 38.9

PEP 2025 EST:2,629 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K2K2K2K3K1990201020202024New Hope
20243K
1990201020202024
Section 02

Income & economy

Median household income
$175,156
+58%inflation adjusted, since 2000
from $60,833 in 2000
US average: $82,259
1990 – 2024
Per capita income
$135,177
+198%since 2000
from $45,309 in 2000
US average: $44,673
Households earning $100K+
73.0%
+27.5 ptssince 2009
from 45.5% in 2009
US average: 53.3%
Poverty rate
4.2%
−1.8 ptssince 2000
from 6.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.522
+5%since 2010
from 0.496 in 2010
US average: 0.476
Workforce by industry, 2024
Other services16.9%
US avg: 6.7%
Public administration11.6%
US avg: 4.8%
Retail trade11%
US avg: 9.9%
Finance & insurance6.8%
US avg: 5.9%
Professional, scientific, technical6.8%
US avg: 5.1%
Transportation & warehousing4%
US avg: 2.2%
Wholesale trade3.5%
US avg: 6.9%
Information2.9%
US avg: 10.8%
Arts, entertainment, food0.7%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$716,200
+43%inflation adjusted, since 2000
from $275,300 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$2,000
+31%inflation adjusted, since 2000
from $840 in 2000
US average: $1,442
Owner-occupied
71.2%
+10.5 ptssince 2000
from 60.8% in 2000
28.8% rent
Vacancy rate
11.0%
−2.3 ptssince 2009
from 13.3% in 2009
US average: 10.0%
Owner cost-burdened
12.1%
−34.7 ptssince 2009
from 46.8% in 2009
US average: 22.9%
Renter cost-burdened
65.3%
+20.1 ptssince 2009
from 45.2% in 2009
US average: 47.4%
Afford Score
4.1
−10%since 2000
from 4.5 in 2000
1990 – 2024
Gentrification Score
68
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic91.9%(2,069)
Black0.8%(19)
Hispanic / Latino5.6%(125)
Asian0.8%(19)
Other0%
Diversity Score17.2%(387)
2024
White, non-Hispanic86%(2,255)
Black0%(0)
Hispanic / Latino4.1%(107)
Asian2%(52)
Other7.9%(208)
Diversity Score31.5%(826)
Diversity Score
31
+83%since 2000
from 17 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
74.2%
+15.2 ptssince 2000
from 59.1% in 2000
US average: 35.6%
High school or higher
97.4%
+1.7 ptssince 2000
from 95.7% in 2000
US average: 89.6%
Graduate degree
41.3%
+13.6 ptssince 2000
from 27.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
34.8 min
+28%since 2000
from 27.3 min in 2000
US average: 26.5
Drive alone to work
43.9%
−30.0 ptssince 2009
from 73.9% in 2009
US average: 68.9%
Carpooled to work
6.5%
+2.3 ptssince 2009
from 4.2% in 2009
US average: 8.5%
Public transit
0.7%
−2.8 ptssince 2009
from 3.5% in 2009
US average: 3.2%
Worked from home
34.5%
+26.9 ptssince 2009
from 7.7% in 2009
US average: 15.0%
Walked to work
7.9%
−2.7 ptssince 2009
from 10.7% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.1%
−3.9 ptssince 2009
from 7.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.0%
+0.1 ptssince 2011
from 3.9% in 2011
US average: 5.2%
Labor force participation
67.6%
−2.6 ptssince 2011
from 70.3% in 2011
US average: 63.5%
Self-employed
15.3%
+8.8 ptssince 2009
from 6.5% in 2009
US average: 13.1%
Management & professional
71.3%
+1.8 ptssince 2009
from 69.5% in 2009
US average: 42.5%
Section 08

People & community

Male
48.7%
−4.0 ptssince 2009
from 52.6% in 2009
Female
51.3%
+4.0 ptssince 2009
from 47.4% in 2009
Foreign born
7.5%
−3.0 ptssince 2009
from 10.5% in 2009
US average: 14.1%
Veterans
5.5%
−49.8 ptssince 2009
from 55.3% in 2009
US average: 6.2%
With a disability
7.9%
−1.3 ptssince 2012
from 9.2% in 2012
US average: 13.3%
Uninsured
2.4%
−90.3 ptssince 2013
from 92.7% in 2013
US average: 8.4%
Broadband at home
96.2%
+12.7 ptssince 2017
from 83.5% in 2017
US average: 91.0%
English only at home
89.8%
−3.1 ptssince 2016
from 93.0% in 2016
US average: 77.7%
Spanish at home
4.7%
+4.5 ptssince 2016
from 0.2% in 2016
US average: 13.6%
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Compare New Hope to nearby cities

NEW HOPE VS
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Income$52,537−70%
Home value$160,700−78%
Population91,506+3381%
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NEW HOPE VS
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Home value$1,050,600+47%
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NEW HOPE VS
Mercerville
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Home value$358,600−50%
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NEW HOPE VS
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Income$105,758−40%
Home value$308,200−57%
Population10,507+300%
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Frequently asked

How many people live in New Hope, Pennsylvania?

New Hope, Pennsylvania has about 2,622 residents according to the 2024 American Community Survey.

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

The typical household in New Hope, Pennsylvania earns about $175,156 a year. Half of households make more than that, and half make less.

Is New Hope, Pennsylvania expensive?

In New Hope, Pennsylvania, the median home is worth about $716,200, and the typical rent is about $2,000 a month.

How educated are people in New Hope, Pennsylvania?

About 74.2% of adults age 25 and over in New Hope, Pennsylvania hold a bachelor's degree or higher.

What is the poverty rate in New Hope, Pennsylvania?

About 4.2% of people in New Hope, Pennsylvania live below the federal poverty line.

Has New Hope, Pennsylvania grown since 1990?

Yes, New Hope, Pennsylvania has grown since 1990. The population has added about 1,222 residents, a change of about 87 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 →

New Hope, Pennsylvania: demographics, income & housing data · CensusEasy