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CITY · 2020 ACS

New Hope

Pennsylvania · 2,612 residents · 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 $107,000. Population has grown 16% since 2000. 64% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has risen by half since 2000, reaching $493,600. With a median age of 53.8, the population is older than the US median of 38.8. Households here earn about 68% more than the Pennsylvania median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 53.8
US median: 38.8
More educated
64% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,612
+16%since 2000
from 2,252 in 2000
1990 – 2025
Population density
2,057 / sq mi
+16%since 2000
from 1,773 / sq mi in 2000
US average: 280
Median age
53.8
+31%since 2000
from 41.2 in 2000
US average: 38.8
Population, 1990 – 2024
1K2K2K2K3K1990201020202024New Hope
20243K
1990201020202024
Section 02

Income & economy

Median household income
$107,000
+17%inflation adjusted, since 2000
from $60,833 in 2000
US average: $66,278
1990 – 2024
Per capita income
$89,504
+98%since 2000
from $45,309 in 2000
US average: $35,364
Households earning $100K+
63.6%
+18.1 ptssince 2009
from 45.5% in 2009
US average: 43.9%
Poverty rate
6.5%
+0.5 ptssince 2000
from 6.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Other services14.8%
US avg: 6.6%
Public administration10.5%
US avg: 4.7%
Retail trade7.1%
US avg: 10%
Wholesale trade5.9%
US avg: 6.7%
Transportation & warehousing5.7%
US avg: 2.5%
Finance & insurance5.3%
US avg: 5.5%
Professional, scientific, technical5.3%
US avg: 4.7%
Arts, entertainment, food3.9%
US avg: 2%
Information3%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$493,600
+19%inflation adjusted, since 2000
from $275,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,324
+5%inflation adjusted, since 2000
from $840 in 2000
US average: $1,124
Owner-occupied
61.4%
+0.6 ptssince 2000
from 60.8% in 2000
38.6% rent
Afford Score
4.6
+2%since 2000
from 4.5 in 2000
1990 – 2024
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)
2020
White, non-Hispanic83.9%(2,191)
Black1%(26)
Hispanic / Latino8%(209)
Asian3.1%(82)
Other0.8%(22)
Diversity Score30.2%(790)
Diversity Score
30
+76%since 2000
from 17 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
63.6%
+4.5 ptssince 2000
from 59.1% in 2000
US average: 32.9%
High school or higher
93.9%
−1.8 ptssince 2000
from 95.7% in 2000
US average: 88.5%
Graduate degree
29.5%
+1.8 ptssince 2000
from 27.7% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
40.7 min
+49%since 2000
from 27.3 min in 2000
US average: 26.9
Drive alone to work
66.7%
−7.2 ptssince 2009
from 73.9% in 2009
US average: 75.1%
No vehicle available
7.5%
+0.5 ptssince 2009
from 7.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.9%
Unchangedsince 2011
from 3.9% in 2011
US average: 5.4%
Labor force participation
62.1%
−8.2 ptssince 2011
from 70.3% in 2011
US average: 63.4%
Management & professional
62.5%
−6.9 ptssince 2009
from 69.5% in 2009
US average: 39.3%
Section 08

People & community

Male
55.5%
+2.8 ptssince 2009
from 52.6% in 2009
Female
44.5%
−2.8 ptssince 2009
from 47.4% in 2009
Foreign born
10.7%
+0.3 ptssince 2009
from 10.5% in 2009
US average: 13.5%
Uninsured
2.5%
−90.2 ptssince 2013
from 92.7% in 2013
US average: 8.8%
Drill deeper

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Compare New Hope to nearby cities

NEW HOPE VS
Trenton
Income$52,537−51%
Home value$160,700−67%
Population91,506+3381%
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NEW HOPE VS
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Income$192,079+80%
Home value$1,050,600+113%
Population31,469+1097%
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NEW HOPE VS
Mercerville
Income$128,277+20%
Home value$358,600−27%
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NEW HOPE VS
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Income$105,758−1%
Home value$308,200−38%
Population10,507+300%
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Frequently asked

How many people live in New Hope, Pennsylvania?

New Hope, Pennsylvania has about 2,612 residents according to the 2020 American Community Survey.

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

The typical household in New Hope, Pennsylvania earns about $107,000 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 $493,600, and the typical rent is about $1,324 a month.

How educated are people in New Hope, Pennsylvania?

About 63.6% 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 6.5% 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 1,212 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

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