New Hope, North Carolina Demographics & Population 2026
During the 2020–2024 ACS period, New Hope, North Carolina had a total population of 1,487, the 392nd largest community in North Carolina, with a median household income of $58,667, which is 19% lower than the state average. The poverty rate is 8.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Unemployment rate of 12.7% is notably above the national average.
New Hope Quick Facts
How New Hope Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,200 | 1,487 | +23.9% |
| Median household income | $55,324 | $58,667 | +6.0% |
| Median home value | $156,500 | $162,800 | +4.0% |
How New Hope Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 58 | National average: 61
Education
Educational Attainment (Adults 25+)
New Hope Rankings in North Carolina
Explore North Carolina Rankings
Other Cities in Wayne County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Goldsboro | 34,383 | $48,540 | 22.8% | $200,400 |
| Mount Olive | 4,453 | $48,700 | 17.6% | $153,500 |
| Elroy | 3,251 | $63,238 | 14.0% | $133,100 |
| Mar-Mac | 2,877 | $53,819 | 11.8% | $149,200 |
| Brogden | 2,733 | $42,074 | 31.1% | $96,400 |
| Dudley | 2,305 | $42,050 | 35.3% | $90,000 |
| Walnut Creek | 1,422 | $166,250 | 6.6% | $468,700 |
| Fremont | 943 | $51,667 | 28.2% | $147,800 |
| Pikeville | 776 | $62,396 | 15.2% | $140,800 |
| Eureka | 224 | $66,250 | 8.9% | $122,900 |
Cities Similar to New Hope
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Horse Shoe | 1,490 | $64,096 | $407,500 | 44.7% | 4.5% |
| Pinetops | 1,426 | $60,458 | $136,500 | 17.0% | 13.1% |
| Denton | 1,506 | $50,847 | $167,400 | 11.7% | 14.8% |
| Bethel | 1,544 | $52,961 | $107,800 | 14.8% | 16.8% |
| Pilot Mountain | 1,483 | $49,200 | $203,600 | 23.6% | 12.4% |
Population Overview
New Hope is a small community located in North Carolina, within Wayne County. The total population is 1,487. It ranks as the 392nd most populous out of 772 Census-designated places in North Carolina.
Age Demographics
The median age in New Hope is 33.8 years. This is 14% lower than the state median of 39.1 years. With 30.4% of the population under 18, New Hope has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in New Hope is $58,667. This is 19% lower than the state median of $72,388. It is also 27% lower than the national median of $80,734. The poverty rate stands at 8.6%. This is 34% lower than the state poverty rate of 13.0%. The unemployment rate is 12.7%. This is 169% higher than the state rate of 4.7%. The median home value is $162,800. Housing costs are 44% lower than the state median of $288,900. With a home-value-to-income ratio of just 2.8x, New Hope is one of the most affordable housing markets in the area. 71.8% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 66.6%.
Race & Ethnicity
The largest racial or ethnic group in New Hope is Black or African American, making up 50.2% of the population. White (non-Hispanic) residents account for 28.8%. The White (non-Hispanic) population (28.8%) is well below the state average of 60.0%. The Black or African American population is significantly higher than the state average (50.2% vs 20.0%). The Hispanic or Latino population is significantly higher than the state average (19.2% vs 11.3%).
Education
40.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 14% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.1%.
Data Sources & Methodology
All demographic data for New Hope, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of New Hope, North Carolina?
New Hope, North Carolina has a population of 1,487 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in New Hope, NC?
The median household income in New Hope is $58,667, which is 27% lower than the national median of $80,734.
What is the poverty rate in New Hope, NC?
The poverty rate in New Hope is 8.6%. This means approximately 128 residents live below the federal poverty line.
What is the racial makeup of New Hope, North Carolina?
New Hope's population is 28.8% White, 50.2% Black, 19.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in New Hope, NC?
The median home value in New Hope is $162,800. The home-value-to-income ratio is 2.8x.
How educated is New Hope, North Carolina?
40.6% of adults (25+) in New Hope hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.