Loraine vs New Hope
Side-by-side comparison
How does Loraine, TX compare to New Hope, TX? Loraine has a population of 702 with a median household income of $34,605, while New Hope has 705 residents and a median income of $65,625. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Loraine, TX | New Hope, TX | Difference |
|---|---|---|---|
| Population | 702 | 705 | -0.4% |
| Median Age | 36.1 | 53.4 | -32.4% |
| Foreign Born % | 10% | 5% | +100.0% |
| Metric | Loraine | New Hope | Difference |
|---|---|---|---|
| Median Income | $34,605 | $65,625 | -47.3% |
| Unemployment | 0% | 2.3% | -100.0% |
| Poverty Rate | 32.3% | 8.9% | +262.9% |
| Bachelor's+ | 5.3% | 31.7% | -83.3% |
| Metric | Loraine | New Hope | Difference |
|---|---|---|---|
| Home Value | $57,800 | $405,600 | -85.7% |
| Median Rent | $367/mo | $1841/mo | -80.1% |
| Housing Units | 348 | 308 | +13.0% |