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New Hope city, Alabama Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, New Hope city, Alabama has a total population of 2,895, the 175th largest city in Alabama, with a median household income of $80,787, which is 30% higher than the state average. The poverty rate is 6.4%.

Key Takeaways

New Hope city Quick Facts

Population 2,895
Median Household Income $80,787
Median Home Value $158,200
Poverty Rate 6.4%
Unemployment Rate 7.9%
Median Age 34.2 years
Homeownership Rate 79.4%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 26.3%
High School Graduation Rate 90.4%
Diversity Index 10/100
Population 2,895 175th of 589
Median Income $80,787 top 20%
Poverty Rate 6.4% 49% lower national
Median Home Value $158,200 above average

How New Hope city Compares

Economy & Housing

Employment

7.9% Unemployment Rate State: 4.8% | National: 5.2%
71.9% Labor Force Participation

Housing Overview

Owner 79.4%
Renter 20.6%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 52 | National average: 60

Education

New Hope city Rankings in Alabama

#175 Population of 589
#78 Median Income of 589
#125 Education of 589
#212 Home Value of 589

Cities Similar to New Hope city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Choccolocco CDP3,120$76,898$248,20036.4%7.7%
Owens Cross Roads town2,678$73,708$206,10020.0%10.0%
Thorsby town2,601$77,500$186,00015.1%9.3%
Taylor town2,916$62,596$128,60010.6%19.9%
Ashville city2,748$65,169$184,6009.3%17.3%

Population Overview

New Hope city is a small community located in Alabama. The total population is 2,895. It ranks as the 175th most populous out of 589 cities and towns in Alabama.

Age Demographics

The median age in New Hope city is 34.2 years. This is 13% lower than the state median of 39.3 years. With 34.9% of the population under 18, New Hope city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in New Hope city is $80,787. This is 30% higher than the state median of $62,027. Compared to the national median of $78,538, household income here is 3% higher. The poverty rate stands at 6.4%. This is 59% lower than the state poverty rate of 15.6%. The unemployment rate is 7.9%. This is 65% higher than the state rate of 4.8%. The median home value is $158,200. Housing costs are 19% lower than the state median of $195,100. With a home-value-to-income ratio of just 2.0x, New Hope city is one of the most affordable housing markets in the area. 79.4% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 69.9%.

Race & Ethnicity

New Hope city has a predominantly White (non-Hispanic) population, comprising 94.8% of all residents. Black or African American residents account for 1.3%. The Black or African American population (1.3%) is well below the state average of 25.9%. The Asian population (0.4%) is well below the state average of 1.4%.

Education

26.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% lower than the state rate of 27.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.4%.

Data Sources & Methodology

All demographic data for New Hope city, Alabama is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Alabama state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 589 Census-designated places in Alabama. For official data, visit data.census.gov.

Free data download: Get all Alabama city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of New Hope city, Alabama?

New Hope city, Alabama has a population of 2,895 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Hope city, AL?

The median household income in New Hope city is $80,787, which is 3% higher the national median of $78,538.

What is the poverty rate in New Hope city, AL?

The poverty rate in New Hope city is 6.4%. This means approximately 184 residents live below the federal poverty line.

What is the racial makeup of New Hope city, Alabama?

New Hope city's population is 94.8% White, 1.3% Black, 0.0% Hispanic/Latino, and 0.4% Asian.

What is the median home value in New Hope city, AL?

The median home value in New Hope city is $158,200. The home-value-to-income ratio is 2.0x.

How educated is New Hope city, Alabama?

26.3% of adults (25+) in New Hope city hold a bachelor's degree or higher, and 2.4% hold a graduate or professional degree.