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CITY

New Hope

Tennessee · 968 residents (2025 est.) · 10.336 sq mi
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The short version

New Hope has roughly average household income, with a median household income of $77,727. Population has fallen 17% since 2000, a loss of 181 residents. 8% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $179,600. The poverty rate of 23.0% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 38.9
US median: 38.9
Less educated
8% hold a bachelor's degree
US average: 36%
Less affordable
home values up 34%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
862
−17%since 2000
from 1,043 in 2000
1990 – 2025
Population density
83 / sq mi
−17%since 2000
from 101 / sq mi in 2000
US average: 281
Median age
38.9
+9%since 2000
from 35.8 in 2000
US average: 38.9

PEP 2025 EST:968 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
7858669471K1K1990201020202024New Hope
2024862
1990201020202024
Section 02

Income & economy

Median household income
$77,727
+21%inflation adjusted, since 2000
from $35,179 in 2000
US average: $82,259
1990 – 2024
Per capita income
$28,994
+88%since 2000
from $15,424 in 2000
US average: $44,673
Households earning $100K+
51.4%
+30.6 ptssince 2009
from 20.8% in 2009
US average: 53.3%
Poverty rate
23.0%
+8.2 ptssince 2000
from 14.8% in 2000
US average: 12.5%
Income inequality (Gini)
0.388
Unchangedsince 2010
from 0.387 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade19.7%
US avg: 9.9%
Wholesale trade19.5%
US avg: 6.9%
Information7.7%
US avg: 10.8%
Finance & insurance5%
US avg: 5.9%
Other services4.5%
US avg: 6.7%
Public administration4.5%
US avg: 4.8%
Education & health services3.7%
US avg: 0.9%
Transportation & warehousing2.5%
US avg: 2.2%
Professional, scientific, technical1.2%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$179,600
+34%inflation adjusted, since 2000
from $73,800 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$775
+11%inflation adjusted, since 2000
from $383 in 2000
US average: $1,442
Owner-occupied
89.7%
+4.2 ptssince 2000
from 85.5% in 2000
10.3% rent
Vacancy rate
5.1%
−5.4 ptssince 2009
from 10.6% in 2009
US average: 10.0%
Owner cost-burdened
21.3%
+2.1 ptssince 2009
from 19.3% in 2009
US average: 22.9%
Renter cost-burdened
8.3%
−3.5 ptssince 2009
from 11.9% in 2009
US average: 47.4%
Afford Score
2.3
+10%since 2000
from 2.1 in 2000
1990 – 2024
Gentrification Score
50
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.8%(1,030)
Black0.6%(6)
Hispanic / Latino0%(0)
Asian0.1%(1)
Other0%
Diversity Score1.7%(17)
2024
White, non-Hispanic96.8%(834)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other3.2%(28)
Diversity Score7.9%(68)
Diversity Score
8
+368%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
7.9%
+0.9 ptssince 2000
from 7.0% in 2000
US average: 35.6%
High school or higher
83.8%
+16.9 ptssince 2000
from 67.0% in 2000
US average: 89.6%
Graduate degree
3.4%
+1.7 ptssince 2000
from 1.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.6 min
+8%since 2000
from 21.8 min in 2000
US average: 26.5
Drive alone to work
84.6%
−4.7 ptssince 2009
from 89.3% in 2009
US average: 68.9%
Carpooled to work
3.7%
−3.9 ptssince 2009
from 7.6% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
10.2%
+10.2 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
1.6%
+0.4 ptssince 2009
from 1.1% 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
0.6%
−2.5 ptssince 2009
from 3.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
12.6%
+8.4 ptssince 2011
from 4.2% in 2011
US average: 5.2%
Labor force participation
63.5%
+2.9 ptssince 2011
from 60.6% in 2011
US average: 63.5%
Self-employed
7.2%
−0.5 ptssince 2009
from 7.7% in 2009
US average: 13.1%
Management & professional
24.4%
−19.8 ptssince 2009
from 44.2% in 2009
US average: 42.5%
Section 08

People & community

Male
50.1%
+4.0 ptssince 2009
from 46.2% in 2009
Female
49.9%
−4.0 ptssince 2009
from 53.8% in 2009
Foreign born
0.0%
−0.1 ptssince 2009
from 0.1% in 2009
US average: 14.1%
Veterans
7.4%
−41.5 ptssince 2009
from 48.9% in 2009
US average: 6.2%
With a disability
16.5%
−2.9 ptssince 2012
from 19.4% in 2012
US average: 13.3%
Uninsured
7.7%
−81.6 ptssince 2013
from 89.3% in 2013
US average: 8.4%
Broadband at home
94.3%
+25.0 ptssince 2017
from 69.3% in 2017
US average: 91.0%
English only at home
99.6%
−0.4 ptssince 2016
from 100.0% in 2016
US average: 77.7%
Spanish at home
0.4%
+0.4 ptssince 2016
from 0.0% in 2016
US average: 13.6%
Drill deeper

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Compare New Hope to nearby cities

NEW HOPE VS
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Income$141,008+81%
Home value$544,300+203%
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NEW HOPE VS
Red Bank
Income$63,983−18%
Home value$269,400+50%
Population12,405+1182%
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NEW HOPE VS
Chattanooga
Income$64,523−17%
Home value$283,200+58%
Population194,144+19956%
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NEW HOPE VS
Fort Oglethorpe
Income$51,867−33%
Home value$199,700+11%
Population10,868+1023%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Hope, Tennessee?

New Hope, Tennessee has about 862 residents according to the 2024 American Community Survey.

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

The typical household in New Hope, Tennessee earns about $77,727 a year. Half of households make more than that, and half make less.

Is New Hope, Tennessee expensive?

In New Hope, Tennessee, the median home is worth about $179,600, and the typical rent is about $775 a month.

How educated are people in New Hope, Tennessee?

About 7.9% of adults age 25 and over in New Hope, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in New Hope, Tennessee?

About 23.0% of people in New Hope, Tennessee live below the federal poverty line.

Has New Hope, Tennessee grown since 1990?

Yes, New Hope, Tennessee has grown since 1990. The population has added about 44 residents, a change of about 5 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 →