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CITY · 2020 ACS

New Hope

Virginia · 843 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 $67,651. Population has grown 30% since 2019. Median home value is $215,800. With a median age of 48.2, the population is older than the US median of 38.8. Poverty is rare here, at 0.0% of residents.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 48.2
US median: 38.8
Less educated
22% 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
843
+30%since 2019
from 648 in 2019
2010 – 2024
Population density
146 / sq mi
+30%since 2019
from 112 / sq mi in 2019
US average: 280
Median age
48.2
−7%since 2019
from 51.6 in 2019
US average: 38.8
Population, 2010 – 2024
6097278469641K201020202024New Hope
2024900
201020202024
Section 02

Income & economy

Median household income
$67,651
+18%inflation adjusted, since 2019
from $56,442 in 2019
US average: $66,278
2010 – 2024
Per capita income
$39,399
+5%since 2019
from $37,409 in 2019
US average: $35,364
Households earning $100K+
17.4%
−11.8 ptssince 2019
from 29.3% in 2019
US average: 43.9%
Poverty rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Retail trade38.8%
US avg: 10%
Information10.8%
US avg: 11.1%
Finance & insurance7.3%
US avg: 5.5%
Professional, scientific, technical7.3%
US avg: 4.7%
Wholesale trade6.2%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$215,800
+3%inflation adjusted, since 2019
from $206,800 in 2019
US average: $265,253
2010 – 2024
Owner-occupied
84.3%
+7.2 ptssince 2019
from 77.1% in 2019
15.7% rent
Afford Score
3.2
−13%since 2019
from 3.7 in 2019
2010 – 2024
RELATED:See current rent listings in New Hope on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic94.3%(611)
Black0%(0)
Hispanic / Latino3.7%(24)
Asian0%(0)
Other2%(13)
Diversity Score13.6%(88)
2020
White, non-Hispanic87.7%(739)
Black3.3%(28)
Hispanic / Latino3.7%(31)
Asian0.2%(2)
Other2.7%(23)
Diversity Score23.7%(200)
Diversity Score
24
+74%since 2019
from 14 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
21.9%
−4.4 ptssince 2019
from 26.2% in 2019
US average: 32.9%
High school or higher
80.6%
−1.5 ptssince 2019
from 82.1% in 2019
US average: 88.5%
Graduate degree
0.0%
−11.2 ptssince 2019
from 11.2% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.6 min
+10%since 2019
from 20.5 min in 2019
US average: 26.9
Drive alone to work
82.3%
−5.7 ptssince 2019
from 88.0% in 2019
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 5.4%
Labor force participation
61.9%
+19.9 ptssince 2019
from 42.0% in 2019
US average: 63.4%
Management & professional
31.9%
−32.9 ptssince 2019
from 64.8% in 2019
US average: 39.3%
Section 08

People & community

Male
54.1%
−5.1 ptssince 2019
from 59.3% in 2019
Female
45.9%
+5.1 ptssince 2019
from 40.7% in 2019
Foreign born
5.6%
+1.9 ptssince 2019
from 3.7% in 2019
US average: 13.5%
Uninsured
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 8.8%
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 843 residents according to the 2020 American Community Survey.

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

The typical household in New Hope, Virginia earns about $67,651 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 $215,800.

How educated are people in New Hope, Virginia?

About 21.9% 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

How we source and harmonize this data →