New Hope, TX

Census Place

2024 Population

680

US Senator

John Cornyn

Republican Party

US Senator

Ted Cruz

Republican Party

2024 Median Age

53.6

0.375% 1-year increase

2024 Poverty Rate

8.82%

1.26% 1-year decrease

2024 Median Household Income

$64,306

2.01% 1-year decline

2024 Median Property Value

$422,800

4.24% 1-year growth

Population & Diversity

New Hope, TX is home to a population of 680 people, from which 99% are citizens.

As of 2024, 3.53% of New Hope, TX residents were born outside of the country (24 people).

In 2024, there were 6.16 times more White (Non-Hispanic) residents (536 people) in New Hope, TX than any other race or ethnicity. There were 87 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 32 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99%

2024 Citizenship

98.4%

2023 Citizenship

As of 2024, 99% of New Hope, TX residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in New Hope, TX was 98.4%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in New Hope, TX

White (Non-Hispanic)
536 ± 166
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
87 ± 111
Two Races Including Other (Hispanic)
32 ± 33

6.76%

Hispanic Population

46 people

6.76% of the people in New Hope, TX are hispanic (46 people).

The following chart shows the 8 races represented in New Hope, TX 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 Texas.

Most Common Origin

Mexico
2,408,340 ± 36,549 people
India
354,317 ± 14,528 people
El Salvador
223,512 ± 11,564 people

In 2024, the most common birthplace for the foreign-born residents of Texas was Mexico, the natal country of 2,408,340 Texas residents, followed by India with 354,317 and El Salvador with 223,512.

Foreign-Born Population

3.53%

2024 Foreign-Born Population

24 people

4.96%

2023 Foreign-Born Population

35 people

As of 2024, 3.53% of New Hope, TX residents (24 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, TX was 4.96%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
16 ± 19
Vietnam
11 ± 23
Korea
9 ± 20

New Hope, TX has a large population of military personnel who served in Gulf War (2001-), 1.45 times greater than any other conflict.

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

Economy

The economy of New Hope, TX employs 298 people. In 2024, the largest industries in New Hope, TX were Educational Services (55 people), Construction (51 people), and Manufacturing (30 people), and the highest paying industries were Finance & Insurance ($141,750), Finance & Insurance, & Real Estate & Rental & Leasing ($141,250), and Professional, Scientific, & Technical Services ($122,500).

Employment

Occupations

298

2024 Value

± 104

−12.9%

1 Year decline

± 53.5%

From 2023 to 2024, employment in New Hope, TX declined at a rate of −12.9%, from 342 employees to 298 employees.

The most common job groups, by number of people living in New Hope, TX, are Management Occupations (47 people), Education Instruction, & Library Occupations (33 people), and Construction & Extraction Occupations (32 people). This chart illustrates the share breakdown of the primary jobs held by residents of New Hope, TX.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Texas (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

298

2024 Value

± 104

−12.9%

1 Year decline

± 53.5%

From 2023 to 2024, employment in New Hope, TX declined at a rate of −12.9%, from 342 employees to 298 employees.

The most common employment sectors for those who live in New Hope, TX, are Educational Services (55 people), Construction (51 people), and Manufacturing (30 people). This chart shows the share breakdown of the primary industries for residents of New Hope, TX, though some of these residents may live in New Hope, TX and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$51,094

Median earning men ± $34,552

$59,886

Median earning women ± $18,587

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($141,250), Public Administration ($98,500), and Manufacturing ($80,250).

The industries with the best median earnings for women in 2024 are Manufacturing ($187,917), Finance & Insurance, & Real Estate & Rental & Leasing ($142,500), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($101,875).

Housing & Living

The median property value in New Hope, TX was $422,800 in 2024, which is 1.27 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $405,600 to $422,800, a 4.24% increase. The homeownership rate in New Hope, TX is 70%, which is higher than the national average of 65.2%.

People in New Hope, TX have an average commute time of 28.9 minutes, and they drove alone to work. Car ownership in New Hope, TX is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$422,800

Median Property Value 2024

±$35,314

$198

Median Property Taxes

±$50

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, TX the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

70%

Homeownership

2024

51.1%

Homeowners with Mortgage

2024

In 2024, 70% of the housing units in New Hope, TX were occupied by their owner. This percentage declined from the previous year's rate of 75.2%.

This chart shows the percentage of owner in New Hope, TX 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.

$64,306

Median Household Income

± $45,691

283

Number of Households

± 121

In 2024, the median household income of the 283 households in New Hope, TX declined from $64,306 from the previous year's value of $65,625.

The following chart displays the households in New Hope, TX 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 $20k - $25k range.

Wage Distribution

The closest comparable wage GINI for New Hope, TX is from Texas.

0.475

2024 Wage GINI in Texas

0.475

2023 Wage GINI in Texas

In 2024, the income inequality in Texas was 0.475 according to the GINI calculation of the wage distribution. Income inequality had a 0.0391% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Texas was higher than than the national average of 0.474. In other words, wages are distributed less evenly in Texas in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (79.9%)
Worked At Home (13.3%)
Carpooled (6.83%)

In 2024, 79.9% of workers in New Hope, TX drove alone to work, followed by those who worked at home (13.3%) and those who carpooled to work (6.83%).

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

28.9 minutes

Average Travel Time

Using averages, employees in New Hope, TX have a longer commute time (28.9 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in New Hope, TX have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New Hope, TX 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, TX distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New Hope, TX have 2 cars.

Poverty

Poverty & Diversity

8.82% of the population for whom poverty status is determined in New Hope, TX (60 out of 680 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 Males 18 - 24, followed by Males 25 - 34 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in New Hope, TX is White, followed by Asian and Black.

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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