New Hope, NC
Population 1,200 · North Carolina
About New Hope, NC
New Hope is a small community in North Carolina with a population of 1,200 residents. The median household income is $55,324 per year, which is near the national average. The median age in New Hope is 46.6 years.
Housing in New Hope has a median home value of $156,500 and median monthly rent of $0. Of the 603 total housing units, the majority are owner-occupied, with 348 owner-occupied and 147 renter-occupied units.
The unemployment rate in New Hope is 14.9% and the poverty rate is 0.0%. 40.6% of residents hold a bachelor's degree or higher. The average commute time is 17.5 minutes.
Cost of Living in New Hope, NC
Compared to national averages, New Hope has a median household income of $55,324 (26% below the national median of $75,149). Home values average $156,500, which is 36% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within North Carolina, New Hope's income is 14% below the state average of $64,468, and home values are 32% below the state median of $228,922.
Why Live in New Hope, NC?
New Hope offers affordable housing with a median home value of $156,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a well-educated community where 40.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 17.5 minutes.
Potential considerations include median household income ($55,324) that falls below the national average. However, New Hope’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Hope has a population of 1,200 with a median age of 46.6 years. Compare New Hope with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near New Hope
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stoneville | 1,213 | $52,865 | $151,300 | Compare |
| Elm City | 1,173 | $44,698 | $106,600 | Compare |
| Columbus | 1,166 | $56,083 | $210,100 | Compare |
| Mount Gilead | 1,166 | $58,281 | $141,700 | Compare |
| Kenansville | 1,157 | $62,917 | $144,800 | Compare |
| Foscoe | 1,257 | $44,367 | $302,500 | Compare |
| Flat Rock | 1,141 | $52,188 | $111,700 | Compare |
| McAdenville | 1,139 | $117,411 | $350,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Hope
What is the population of New Hope, NC?
The population of New Hope, NC is 1,200 according to the latest Census data.
What is the median household income in New Hope?
The median household income in New Hope, NC is $55,324 per year.
What is the median home value in New Hope?
The median home value in New Hope, NC is $156,500.
What is the average rent in New Hope?
The median monthly rent in New Hope, NC is $0.
What is the unemployment rate in New Hope?
The unemployment rate in New Hope, NC is 14.9%.