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CITY · 2020 ACS

New Hope

Texas · 661 residents · 1.434 sq mi
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The short version

New Hope is wealthier than most US places, with a median household income of $73,750. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $242,100. With a median age of 50.8, the population is older than the US median of 38.8. Poverty is rare here, at 3.8% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 50.8
US median: 38.8
Average education
32% hold a bachelor's degree
US average: 33%
Less affordable
home values up 41%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
661
Unchangedsince 2000
from 662 in 2000
1990 – 2025
Population density
461 / sq mi
Unchangedsince 2000
from 462 / sq mi in 2000
US average: 280
Median age
50.8
+25%since 2000
from 40.8 in 2000
US average: 38.8
Population, 1990 – 2024
5136487849201K1990201020202024New Hope
2024680
1990201020202024
Section 02

Income & economy

Median household income
$73,750
−26%inflation adjusted, since 2000
from $66,563 in 2000
US average: $66,278
1990 – 2024
Per capita income
$40,827
+66%since 2000
from $24,542 in 2000
US average: $35,364
Households earning $100K+
50.0%
+7.1 ptssince 2009
from 42.9% in 2009
US average: 43.9%
Poverty rate
3.8%
+1.2 ptssince 2000
from 2.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Information11.7%
US avg: 11.1%
Wholesale trade10.3%
US avg: 6.7%
Retail trade9.9%
US avg: 10%
Other services7.8%
US avg: 6.6%
Public administration7.4%
US avg: 4.7%
Transportation & warehousing3.2%
US avg: 2.5%
Finance & insurance2.1%
US avg: 5.5%
Professional, scientific, technical2.1%
US avg: 4.7%
Arts, entertainment, food0.7%
US avg: 2%
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
$242,100
+41%inflation adjusted, since 2000
from $114,500 in 2000
US average: $265,253
1990 – 2024
Owner-occupied
90.2%
−2.8 ptssince 2000
from 93.0% in 2000
9.8% rent
Afford Score
3.3
+91%since 2000
from 1.7 in 2000
1990 – 2024
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.2%(617)
Black0.2%(1)
Hispanic / Latino5.7%(38)
Asian0%(0)
Other0%
Diversity Score14%(93)
2020
White, non-Hispanic76.9%(508)
Black0%(0)
Hispanic / Latino13.8%(91)
Asian0.3%(2)
Other11.8%(78)
Diversity Score51.2%(338)
Diversity Score
51
+266%since 2000
from 14 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
32.2%
+11.4 ptssince 2000
from 20.8% in 2000
US average: 32.9%
High school or higher
93.4%
+2.5 ptssince 2000
from 90.8% in 2000
US average: 88.5%
Graduate degree
6.0%
+2.4 ptssince 2000
from 3.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
32.2 min
+35%since 2000
from 23.8 min in 2000
US average: 26.9
Drive alone to work
85.8%
+0.7 ptssince 2009
from 85.2% in 2009
US average: 75.1%
No vehicle available
0.0%
−3.9 ptssince 2009
from 3.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.1%
−6.7 ptssince 2011
from 9.8% in 2011
US average: 5.4%
Labor force participation
57.3%
−7.1 ptssince 2011
from 64.4% in 2011
US average: 63.4%
Management & professional
33.7%
−20.0 ptssince 2009
from 53.7% in 2009
US average: 39.3%
Section 08

People & community

Male
43.0%
−8.9 ptssince 2009
from 51.9% in 2009
Female
57.0%
+8.9 ptssince 2009
from 48.1% in 2009
Foreign born
11.8%
+4.8 ptssince 2009
from 7.1% in 2009
US average: 13.5%
Uninsured
14.3%
−73.6 ptssince 2013
from 87.9% in 2013
US average: 8.8%
Drill deeper

Places similar to New Hope

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Pop 744
Paxton
Pop 695
Whitfield CDP (Santa Rosa County)
Pop 599
Ellendale
Pop 591
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Compare New Hope to nearby cities

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NEW HOPE VS
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NEW HOPE VS
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Frequently asked

How many people live in New Hope, Texas?

New Hope, Texas has about 661 residents according to the 2020 American Community Survey.

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

The typical household in New Hope, Texas earns about $73,750 a year. Half of households make more than that, and half make less.

Is New Hope, Texas expensive?

In New Hope, Texas, the median home is worth about $242,100.

How educated are people in New Hope, Texas?

About 32.2% of adults age 25 and over in New Hope, Texas hold a bachelor's degree or higher.

What is the poverty rate in New Hope, Texas?

About 3.8% of people in New Hope, Texas live below the federal poverty line.

Has New Hope, Texas grown since 1990?

Yes, New Hope, Texas has grown since 1990. The population has added about 103 residents, a change of about 18 percent over that period.

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

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