New Hope, PA

Census Place

2024 Population

2,622

US Senator

John Fetterman

Democratic Party

US Senator

Dave McCormick

Republican Party

2024 Poverty Rate

4.23%

11% 1-year increase

2024 Median Household Income

$175,156

10.2% 1-year growth

2024 Median Property Value

$716,200

13% 1-year growth

2024 Employed Population

1,525

Population & Diversity

New Hope, PA is home to a population of 2.62k people, from which 94.9% are citizens.

As of 2024, 7.48% of New Hope, PA residents were born outside of the country (196 people).

In 2024, there were 10.8 times more White (Non-Hispanic) residents (2.26k people) in New Hope, PA than any other race or ethnicity. There were 208 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 55 Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

94.9%

2024 Citizenship

96%

2023 Citizenship

As of 2024, 94.9% of New Hope, PA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in New Hope, PA was 96%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in New Hope, PA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in New Hope, PA

White (Non-Hispanic)
2.26k ± 192
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
208 ± 152
Other (Hispanic)
55 ± 80

4.08%

Hispanic Population

107 people

4.08% of the people in New Hope, PA are hispanic (107 people).

The following chart shows the 8 races represented in New Hope, PA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Pennsylvania.

Most Common Origin

Dominican Republic
103,235 ± 7,857 people
India
102,082 ± 7,813 people
China
73,024 ± 6,616 people

In 2024, the most common birthplace for the foreign-born residents of Pennsylvania was Dominican Republic, the natal country of 103,235 Pennsylvania residents, followed by India with 102,082 and China with 73,024.

Foreign-Born Population

7.48%

2024 Foreign-Born Population

196 people

8.27%

2023 Foreign-Born Population

217 people

As of 2024, 7.48% of New Hope, PA residents (196 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in New Hope, PA was 8.27%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in New Hope, PA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
91 ± 102
Gulf War (1990s)
22 ± 35
Vietnam
13 ± 27

New Hope, PA has a large population of military personnel who served in Gulf War (2001-), 4.14 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in New Hope, PA.

Economy

The economy of New Hope, PA employs 1.53k people. In 2024, the largest industries in New Hope, PA were Health Care & Social Assistance (248 people), Finance & Insurance (177 people), and Manufacturing (168 people), and the highest paying industries were Wholesale Trade ($202,740), Real Estate & Rental & Leasing ($175,924), and Finance & Insurance, & Real Estate & Rental & Leasing ($146,696).

Employment

Occupations

1.53k

2024 Value

± 299

5.68%

1 Year growth

± 26%

From 2023 to 2024, employment in New Hope, PA grew at a rate of 5.68%, from 1.44k employees to 1.53k employees.

The most common job groups, by number of people living in New Hope, PA, are Business & Financial Operations Occupations (358 people), Management Occupations (325 people), and Sales & Related Occupations (126 people). This chart illustrates the share breakdown of the primary jobs held by residents of New Hope, PA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Pennsylvania.

This chart shows weekly unemployment insurance claims in Pennsylvania (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.53k

2024 Value

± 299

5.68%

1 Year growth

± 26%

From 2023 to 2024, employment in New Hope, PA grew at a rate of 5.68%, from 1.44k employees to 1.53k employees.

The most common employment sectors for those who live in New Hope, PA, are Health Care & Social Assistance (248 people), Finance & Insurance (177 people), and Manufacturing (168 people). This chart shows the share breakdown of the primary industries for residents of New Hope, PA, though some of these residents may live in New Hope, PA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$135,662

Median earning men ± $24,853

$35,000

Median earning women ± $23,008

The industries with the best median earnings for men in 2024 are Wholesale Trade ($203,558), Professional, Scientific, & Management, & Administrative & Waste Management Services ($203,355), and Finance & Insurance, & Real Estate & Rental & Leasing ($167,969).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($60,982), Public Administration ($60,625), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($33,071).

Housing & Living

The median property value in New Hope, PA was $716,200 in 2024, which is 2.15 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $633,800 to $716,200, a 13% increase. The homeownership rate in New Hope, PA is 71.2%, which is higher than the national average of 65.2%.

People in New Hope, PA have an average commute time of 34.8 minutes, and they drove alone to work. Car ownership in New Hope, PA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$716,200

Median Property Value 2024

±$165,963

$949

Median Property Taxes

±$195

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In New Hope, PA the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in New Hope, PA compared to it's parent and neighbor geographies.

Rent vs Own

71.2%

Homeownership

2024

65.3%

Homeowners with Mortgage

2024

In 2024, 71.2% of the housing units in New Hope, PA were occupied by their owner. This percentage grew from the previous year's rate of 63%.

This chart shows the percentage of owner in New Hope, PA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$175,156

Median Household Income

± $43,812

1.33k

Number of Households

± 239

In 2024, the median household income of the 1.33k households in New Hope, PA grew to $175,156 from the previous year's value of $158,929.

The following chart displays the households in New Hope, PA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for New Hope, PA is from Pennsylvania.

0.463

2024 Wage GINI in Pennsylvania

0.463

2023 Wage GINI in Pennsylvania

In 2024, the income inequality in Pennsylvania was 0.463 according to the GINI calculation of the wage distribution. Income inequality had a 0.0903% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Pennsylvania was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Pennsylvania in comparison to the national average.

This chart shows the number of workers in Pennsylvania across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (43.9%)
Worked At Home (34.5%)
Walked (7.94%)

In 2024, 43.9% of workers in New Hope, PA drove alone to work, followed by those who worked at home (34.5%) and those who walked to work (7.94%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

34.8 minutes

Average Travel Time

Using averages, employees in New Hope, PA have a longer commute time (34.8 minutes) than the normal US worker (26.4 minutes). Additionally, 8.05% of the workforce in New Hope, PA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New Hope, PA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in New Hope, PA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New Hope, PA have 2 cars.

Poverty

Poverty & Diversity

4.23% of the population for whom poverty status is determined in New Hope, PA (111 out of 2.62k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 65 - 74, followed by Females 55 - 64 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in New Hope, PA is White, followed by Other and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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