New Hope vs Loraine
Side-by-side comparison
How does New Hope, TX compare to Loraine, TX? New Hope has a population of 705 with a median household income of $65,625, while Loraine has 702 residents and a median income of $34,605. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | New Hope, TX | Loraine, TX | Difference |
|---|---|---|---|
| Population | 705 | 702 | +0.4% |
| Median Age | 53.4 | 36.1 | +47.9% |
| Foreign Born % | 5% | 10% | -50.0% |
| Metric | New Hope | Loraine | Difference |
|---|---|---|---|
| Median Income | $65,625 | $34,605 | +89.6% |
| Unemployment | 2.3% | 0% | +230.0% |
| Poverty Rate | 8.9% | 32.3% | -72.4% |
| Bachelor's+ | 31.7% | 5.3% | +498.1% |
| Metric | New Hope | Loraine | Difference |
|---|---|---|---|
| Home Value | $405,600 | $57,800 | +601.7% |
| Median Rent | $1841/mo | $367/mo | +401.6% |
| Housing Units | 308 | 348 | -11.5% |