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New Hope, Pennsylvania Demographics & Population 2026

During the 2020–2024 ACS period, New Hope, Pennsylvania had a total population of 2,622, the 534th largest borough in Pennsylvania, with a median household income of $175,156, which is 125% higher than the state average. The poverty rate is 4.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

New Hope Quick Facts

Population 2,622
Median Household Income $175,156
Median Home Value $716,200
Poverty Rate 4.2%
Unemployment Rate 4.0%
Median Age 58.1 years
Homeownership Rate 71.3%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 74.2%
High School Graduation Rate 97.4%
Diversity Index 25/100
Population 2,622 534th of 1,991
Median Income $175,156 top 10%
Poverty Rate 4.2% 66% lower than national
Median Home Value $716,200 top 10%

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.

Metric2019–20232020–2024Change
Population2,6232,622-0.0%
Median household income$158,929$175,156+10.2%
Median home value$633,800$716,200+13.0%

How New Hope Compares

Economy & Housing

Household Income Distribution

Under $25K 8.3%
$25K-$50K 10.5%
$50K-$100K 15.5%
$100K+ 65.6%
Detailed income brackets
Under $10K
0.8%
$10K-$15K
5.1%
$15K-$20K
0.0%
$20K-$25K
2.5%
$25K-$30K
4.5%
$30K-$35K
1.5%
$35K-$40K
1.9%
$40K-$45K
2.5%
$45K-$50K
0.0%
$50K-$60K
2.6%
$60K-$75K
5.6%
$75K-$100K
7.4%
$100K-$125K
4.3%
$125K-$150K
5.8%
$150K-$200K
10.9%
$200K+
44.7%

Employment

4.0% Unemployment Rate State: 5.3%|National: 5.2%
67.6% Labor Force Participation

Housing Overview

Owner 71.3%
Renter 28.7%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $2,000/mo 13.7% of median household income annually

People & Demographics

Diversity Index

25out of 100
Low Diversity

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

State average: 45 | National average: 61

Education

New Hope Rankings in Pennsylvania

#534 Population of 1,991
#23 Median Income of 1,854
#38 Education of 1,987
#12 Home Value of 1,871

Other Cities in Bucks County

CityPopulationMedian IncomePovertyHome Value
Levittown 50,926 $105,071 7.0% $341,300
Bristol 9,902 $76,042 8.6% $271,100
Morrisville 9,752 $99,526 8.6% $292,200
Croydon 9,684 $70,308 10.9% $293,700
Quakertown 9,319 $85,959 10.2% $278,500
Perkasie 9,216 $93,845 6.7% $372,100
Fairless Hills 8,827 $80,807 13.2% $358,800
Doylestown 8,341 $99,322 5.5% $527,700
Richboro 6,963 $159,007 0.8% $559,700
Newtown Grant 6,193 $168,750 4.8% $583,600

Cities Similar to New Hope

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Plumsteadville2,592$176,313$580,80068.3%0.9%
Woodside2,491$172,206$697,20066.8%0.4%
Bakerstown2,527$164,330$544,40072.3%6.7%
Slippery Rock University2,853N/AN/A0.0%100.0%
Messiah College2,329N/AN/A70.3%0.0%

Population Overview

New Hope is a small community located in Pennsylvania, within Bucks County. The total population is 2,622. It ranks as the 534th most populous out of 1,991 Census-designated places in Pennsylvania.

Age Demographics

The median age in New Hope is 58.1 years. This is 42% higher than the state median of 40.9 years. Only 12.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in New Hope is $175,156. This is 125% higher than the state median of $77,971. It is also 117% higher than the national median of $80,734. The poverty rate stands at 4.2%. This is 64% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.0%. This is 23% lower than the state rate of 5.3%. The median home value is $716,200. Housing costs are 181% higher than the state median of $254,500. The home-value-to-income ratio is 4.1x. 71.3% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 69.3%.

Race & Ethnicity

New Hope has a predominantly White (non-Hispanic) population, comprising 86.0% of all residents. Hispanic or Latino residents account for 4.1%. The Hispanic or Latino population (4.1%) is well below the state average of 8.7%.

Education

74.2% of residents aged 25 and older hold a bachelor's degree or higher. This places New Hope in the top 10% of all cities in the state for educational attainment. This is 111% higher than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.4%. Notably, 41.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for New Hope, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. 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, Pennsylvania?

New Hope, Pennsylvania has a population of 2,622 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Hope, PA?

The median household income in New Hope is $175,156, which is 117% higher than the national median of $80,734.

What is the poverty rate in New Hope, PA?

The poverty rate in New Hope is 4.2%. This means approximately 111 residents live below the federal poverty line.

What is the racial makeup of New Hope, Pennsylvania?

New Hope's population is 86.0% White, 0.0% Black, 4.1% Hispanic/Latino, and 2.0% Asian.

What is the median home value in New Hope, PA?

The median home value in New Hope is $716,200. The home-value-to-income ratio is 4.1x.

How educated is New Hope, Pennsylvania?

74.2% of adults (25+) in New Hope hold a bachelor's degree or higher, and 41.3% hold a graduate or professional degree.