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CITY · 2010 ACS

New Hope

Tennessee · 1,082 residents · 10.336 sq mi
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The short version

New Hope has lower-than-average household income, with a median household income of $47,132. Population has held roughly steady since 2000. 10% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $98,900. With a median age of 42.8, the population is older than the US median of 37.2.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 42.8
US median: 37.2
Less educated
10% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,082
+4%since 2000
from 1,043 in 2000
1990 – 2025
Population density
105 / sq mi
+4%since 2000
from 101 / sq mi in 2000
US average: 261
Median age
42.8
+20%since 2000
from 35.8 in 2000
US average: 37.2
Population, 1990 – 2024
7858669471K1K1990201020202024New Hope
2024862
1990201020202024
Section 02

Income & economy

Median household income
$47,132
+6%inflation adjusted, since 2000
from $35,179 in 2000
US average: $52,703
1990 – 2024
Per capita income
$21,967
+42%since 2000
from $15,424 in 2000
US average: $27,286
Households earning $100K+
22.9%
+2.0 ptssince 2009
from 20.8% in 2009
US average: 33.3%
Poverty rate
15.1%
+0.4 ptssince 2000
from 14.8% in 2000
US average: 13.8%
Income inequality (Gini)
0.387
US average: 0.461
Workforce by industry, 2010
Retail trade28.1%
US avg: 10.9%
Wholesale trade9.5%
US avg: 7.2%
Finance & insurance8.2%
US avg: 5.1%
Information7.1%
US avg: 11.5%
Other services6.3%
US avg: 7%
Public administration5.7%
US avg: 4.9%
Professional, scientific, technical4.6%
US avg: 4.2%
Education & health services3.5%
US avg: 0.9%
Transportation & warehousing1.9%
US avg: 3.1%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$98,900
+6%inflation adjusted, since 2000
from $73,800 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$472
−3%inflation adjusted, since 2000
from $383 in 2000
US average: $853
Owner-occupied
44.7%
−40.8 ptssince 2000
from 85.5% in 2000
19.9% rent
Vacancy rate
9.8%
−0.8 ptssince 2009
from 10.6% in 2009
US average: 12.1%
Owner cost-burdened
17.6%
−1.6 ptssince 2009
from 19.3% in 2009
US average: 30.9%
Renter cost-burdened
4.3%
−7.5 ptssince 2009
from 11.9% in 2009
US average: 46.8%
Afford Score
2.1
Unchangedsince 2000
from 2.1 in 2000
1990 – 2024
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)
2010
White, non-Hispanic96.8%(1,047)
Black0.8%(9)
Hispanic / Latino0.4%(4)
Asian0.5%(5)
Other4.2%(46)
Diversity Score13.7%(148)
Diversity Score
14
+718%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
9.6%
+2.6 ptssince 2000
from 7.0% in 2000
US average: 27.9%
High school or higher
70.7%
+3.8 ptssince 2000
from 67.0% in 2000
US average: 84.9%
Graduate degree
3.0%
+1.3 ptssince 2000
from 1.7% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
27.2 min
+25%since 2000
from 21.8 min in 2000
US average: 25.2
Drive alone to work
90.7%
+1.4 ptssince 2009
from 89.3% in 2009
US average: 76.2%
Carpooled to work
5.9%
−1.7 ptssince 2009
from 7.6% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
0.6%
+0.6 ptssince 2009
from 0.0% in 2009
US average: 4.1%
Walked to work
1.1%
Unchangedsince 2009
from 1.1% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
3.2%
+0.1 ptssince 2009
from 3.1% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
9.8%
+2.1 ptssince 2009
from 7.7% in 2009
US average: 12.9%
Management & professional
26.2%
−18.0 ptssince 2009
from 44.2% in 2009
US average: 35.2%
Section 08

People & community

Male
49.1%
+2.9 ptssince 2009
from 46.2% in 2009
Female
50.9%
−2.9 ptssince 2009
from 53.8% in 2009
Foreign born
0.1%
Unchangedsince 2009
from 0.1% in 2009
US average: 12.8%
Veterans
13.3%
−35.6 ptssince 2009
from 48.9% in 2009
US average: 9.9%
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Compare New Hope to nearby cities

NEW HOPE VS
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Home value$544,300+450%
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NEW HOPE VS
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NEW HOPE VS
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Income$64,523+37%
Home value$283,200+186%
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NEW HOPE VS
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Income$51,867+10%
Home value$199,700+102%
Population10,868+1023%
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Frequently asked

How many people live in New Hope, Tennessee?

New Hope, Tennessee has about 1,082 residents according to the 2010 American Community Survey.

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

The typical household in New Hope, Tennessee earns about $47,132 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 $98,900, and the typical rent is about $472 a month.

How educated are people in New Hope, Tennessee?

About 9.6% 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 15.1% 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 264 residents, a change of about 32 percent over that period.

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

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