New Hope borough, Pennsylvania Demographics & Population 2026
As of 2026, New Hope borough, Pennsylvania has a total population of 2,623, the 537th largest city in Pennsylvania, with a median household income of $158,929, which is 109% higher than the state average. The poverty rate is 3.8%.
Key Takeaways
- Household income is 109% above the state average — one of the wealthiest communities in Pennsylvania.
- An exceptionally low poverty rate of 3.8% — among the lowest in Pennsylvania.
- 74.9% of adults hold a bachelor's degree or higher — top 10% in Pennsylvania.
New Hope borough Quick Facts
How New Hope borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 43 | National average: 60
Education
Educational Attainment (Adults 25+)
New Hope borough Rankings in Pennsylvania
Explore Pennsylvania Rankings
Other Cities in Bucks County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Bristol borough | 9,874 | $70,595 | 7.0% | $236,400 |
| Morrisville borough | 9,740 | $94,126 | 11.3% | $275,100 |
| Quakertown borough | 9,298 | $70,978 | 10.6% | $253,200 |
| Perkasie borough | 9,176 | $99,474 | 7.8% | $338,700 |
| Doylestown borough | 8,322 | $93,672 | 6.0% | $491,700 |
| Sellersville borough | 4,545 | $88,516 | 6.5% | $304,700 |
| Chalfont borough | 4,301 | $131,944 | 8.0% | $435,700 |
| Manor borough | 3,550 | $134,479 | 0.9% | $257,600 |
| New Britain borough | 2,822 | $123,819 | 3.9% | $388,100 |
| Yardley borough | 2,596 | $118,750 | 3.7% | $469,600 |
Cities Similar to New Hope borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Slippery Rock University CDP | 2,724 | N/A | N/A | 0.0% | 100.0% |
| Bakerstown CDP | 2,780 | $163,095 | $522,800 | 74.8% | 12.2% |
| Woodside CDP | 2,676 | $178,333 | $638,500 | 62.9% | 0.4% |
| Plumsteadville CDP | 2,948 | $157,614 | $555,300 | 68.7% | 0.8% |
| Stormstown CDP | 2,455 | $142,045 | $411,000 | 63.6% | 0.4% |
Population Overview
New Hope borough is a small community located in Pennsylvania, within Bucks County. The total population is 2,623. It ranks as the 537th most populous out of 1,993 cities and towns in Pennsylvania.
Age Demographics
The median age in New Hope borough is 58.1 years. This is 42% higher than the state median of 40.9 years. Only 12.1% of residents are under 18, indicating fewer families with children. 12.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in New Hope borough is $158,929. This is 109% higher than the state median of $76,081. Compared to the national median of $78,538, household income here is 102% higher. The poverty rate stands at 3.8%. This is 68% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.6%. This is 6% higher than the state rate of 5.3%. The median home value is $633,800. Housing costs are 164% higher than the state median of $240,500. The home-value-to-income ratio is 4.0x. 63.0% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 69.3%.
Race & Ethnicity
New Hope borough has a predominantly White (non-Hispanic) population, comprising 85.5% of all residents. Hispanic or Latino residents account for 4.7%.
Education
74.9% of residents aged 25 and older hold a bachelor's degree or higher. This places New Hope borough in the top 10% of all cities in the state for educational attainment. This is 117% higher than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.8%. Notably, 40.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for New Hope borough, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of New Hope borough, Pennsylvania?
New Hope borough, Pennsylvania has a population of 2,623 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in New Hope borough, PA?
The median household income in New Hope borough is $158,929, which is 102% higher the national median of $78,538.
What is the poverty rate in New Hope borough, PA?
The poverty rate in New Hope borough is 3.8%. This means approximately 100 residents live below the federal poverty line.
What is the racial makeup of New Hope borough, Pennsylvania?
New Hope borough's population is 85.5% White, 0.0% Black, 4.7% Hispanic/Latino, and 2.3% Asian.
What is the median home value in New Hope borough, PA?
The median home value in New Hope borough is $633,800. The home-value-to-income ratio is 4.0x.
How educated is New Hope borough, Pennsylvania?
74.9% of adults (25+) in New Hope borough hold a bachelor's degree or higher, and 40.3% hold a graduate or professional degree.