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The total population of New Hope is estimated to be 888 with 422 males (47.52%) and 466 females (52.48%). There are 44 more females than males in New Hope.
The median household income in New Hope was $79,492 in 2021, which marked an a decrease of 4,077(4.88%) from $83,569 in 2020. This income is 106.55% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Hope sees its highest median household income among householders in the age group of 25 to 44 years old, at $130,892. Overall, the median household income for the town of New Hope stands at $79,492.
In New Hope, the median income for all workers aged 15 years and older, regardless of work hours, was $34,085 for males and $30,141 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,464 for males and $55,468 for females.
In New Hope, population is primarily represented by White households, reporting a median income of $104,127.
In 2022, the population of New Hope was 674, a 0.15% increase year-by-year from 2021. Previously, in 2021, New Hope's population was 673, an increase of 1.20% compared to a population of 665 in 2020.
The median age in New Hope, TX is 46.6, as per 2021 ACS 5-Year Estimates. Of the total population, 15.88% were under the age of 15, 13.97% aged 15 to 29, 48.19% aged 30 to 64, 14.29% aged 65 to 84, and 7.68% were 85 years of age and older.
Racial distribution of New Hope population: 83.69% are White, 0.32% are Black or African American, 2.45% are Asian and 13.54% are multiracial.