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CITY

New Hope

Virginia · 900 residents · 5.785 sq mi
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The short version

New Hope has roughly average household income, with a median household income of $87,661. Population has held roughly steady since 2023. Median home value is $323,600. With a median age of 51.8, the population is older than the US median of 38.9. Poverty is rare here, at 0.0% of residents.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 51.8
US median: 38.9
Less educated
29% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
900
−2%since 2023
from 917 in 2023
2010 – 2024
Population density
156 / sq mi
−2%since 2023
from 159 / sq mi in 2023
US average: 281
Median age
51.8
Unchangedsince 2023
from 51.9 in 2023
US average: 38.9
Population, 2010 – 2024
6097278469641K201020202024New Hope
2024900
201020202024
Section 02

Income & economy

Median household income
$87,661
−2%inflation adjusted, since 2023
from $87,083 in 2023
US average: $82,259
2010 – 2024
Per capita income
$36,824
+3%since 2023
from $35,865 in 2023
US average: $44,673
Households earning $100K+
53.6%
−6.0 ptssince 2023
from 59.6% in 2023
US average: 53.3%
Poverty rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 12.5%
Income inequality (Gini)
0.306
+2%since 2023
from 0.299 in 2023
US average: 0.476
Workforce by industry, 2024
Information25.8%
US avg: 10.8%
Retail trade10.2%
US avg: 9.9%
Finance & insurance9%
US avg: 5.9%
Professional, scientific, technical9%
US avg: 5.1%
Other services8.5%
US avg: 6.7%
Wholesale trade5.4%
US avg: 6.9%
Public administration5.4%
US avg: 4.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$323,600
Unchangedinflation adjusted, since 2023
from $314,400 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
90.1%
−2.8 ptssince 2023
from 92.9% in 2023
9.9% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
22.0%
−4.4 ptssince 2023
from 26.4% in 2023
US average: 22.9%
Renter cost-burdened
55.3%
+55.3 ptssince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
3.7
+2%since 2023
from 3.6 in 2023
2010 – 2024
Gentrification Score
55
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic97.2%(891)
Black0%(0)
Hispanic / Latino1.4%(13)
Asian0%(0)
Other1.4%(13)
Diversity Score6.9%(64)
2024
White, non-Hispanic95.8%(862)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other4.2%(38)
Diversity Score10.1%(91)
Diversity Score
10
+46%since 2023
from 7 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
28.5%
+4.4 ptssince 2023
from 24.1% in 2023
US average: 35.6%
High school or higher
94.0%
+3.6 ptssince 2023
from 90.5% in 2023
US average: 89.6%
Graduate degree
10.4%
+3.0 ptssince 2023
from 7.4% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
18.6 min
−3%since 2023
from 19.3 min in 2023
US average: 26.5
Drive alone to work
76.4%
−10.1 ptssince 2023
from 86.5% in 2023
US average: 68.9%
Carpooled to work
8.5%
+2.9 ptssince 2023
from 5.6% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
11.5%
+3.6 ptssince 2023
from 7.9% in 2023
US average: 15.0%
Walked to work
3.6%
+3.6 ptssince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
11.2%
−0.2 ptssince 2023
from 11.4% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
73.4%
+6.6 ptssince 2023
from 66.7% in 2023
US average: 63.5%
Self-employed
13.7%
+2.6 ptssince 2023
from 11.2% in 2023
US average: 13.1%
Management & professional
17.1%
−3.0 ptssince 2023
from 20.1% in 2023
US average: 42.5%
Section 08

People & community

Male
47.0%
−2.7 ptssince 2023
from 49.7% in 2023
Female
53.0%
+2.7 ptssince 2023
from 50.3% in 2023
Foreign born
1.4%
−1.4 ptssince 2023
from 2.8% in 2023
US average: 14.1%
Veterans
6.7%
+1.0 ptssince 2023
from 5.8% in 2023
US average: 6.2%
With a disability
15.9%
−1.4 ptssince 2023
from 17.3% in 2023
US average: 13.3%
Uninsured
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.4%
Broadband at home
80.7%
−0.1 ptssince 2023
from 80.8% in 2023
US average: 91.0%
English only at home
100.0%
+2.7 ptssince 2023
from 97.3% in 2023
US average: 77.7%
Spanish at home
0.0%
−0.8 ptssince 2023
from 0.8% in 2023
US average: 13.6%
Drill deeper

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NEW HOPE VS
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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, Virginia?

New Hope, Virginia has about 900 residents according to the 2024 American Community Survey.

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

The typical household in New Hope, Virginia earns about $87,661 a year. Half of households make more than that, and half make less.

Is New Hope, Virginia expensive?

In New Hope, Virginia, the median home is worth about $323,600.

How educated are people in New Hope, Virginia?

About 28.5% of adults age 25 and over in New Hope, Virginia hold a bachelor's degree or higher.

What is the poverty rate in New Hope, Virginia?

About 0.0% of people in New Hope, Virginia live below the federal poverty line.

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

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