New Hope, Tennessee

US Census Bureau ACS 5-Year Estimates ยท 2022

TN

New Hope Demographics Overview

Total Population
839
ACS 2022 estimate
Median Household Income
$47,250
Annual household income
โ–ผ 37% vs US avg
Median Home Value
$134,700
Owner-occupied homes
โ–ผ 52% vs US avg
Median Gross Rent
$950
Monthly rent (incl. utilities)
โ–ผ 18% vs US avg
Median Age
47.9 years
Median age of residents
โ–ฒ 23% vs US avg

Income & Economy

Median Household Income
$47,250
US avg: $74,580
vs. National Median-36.6%

Housing

Median Home Value
$134,700
US avg: $281,900
Median Gross Rent
$950/mo
US avg: $1,163/mo
Rent vs. National Avg-18.3%

Population

Total Population839
Median Age
47.9 years
US avg: 38.9 yrs

Data Source

Data for New Hope comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

New Hope, TN โ€” Frequently Asked Questions

Common questions about New Hope demographics

What is the population of New Hope, Tennessee?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of New Hope, Tennessee is 839.

What is the median household income in New Hope?

The median household income in New Hope, Tennessee is $47,250 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in New Hope?

Key cost indicators for New Hope, Tennessee:. Median home value: $134,700. Median gross rent: $950/month. Median household income: $47,250/year

What is the median home value in New Hope?

The median home value in New Hope, Tennessee is $134,700, compared to the national median of approximately $281,900.

What is the average age in New Hope?

The median age in New Hope, Tennessee is 47.9 years, compared to the US national median age of approximately 38.9 years.

New Hope, TN Demographics - Population, Income & Housing (2022)