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
- Household income is 125% above the state average — one of the wealthiest communities in Pennsylvania.
- An exceptionally low poverty rate of 4.2% — among the lowest in Pennsylvania.
- 74.2% of adults hold a bachelor's degree or higher — top 10% in Pennsylvania.
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 | 2,623 | 2,622 | -0.0% |
| Median household income | $158,929 | $175,156 | +10.2% |
| Median home value | $633,800 | $716,200 | +13.0% |
How New Hope Compares
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 less diverse community where one racial or ethnic group represents a large majority.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
New Hope Rankings in Pennsylvania
Explore Pennsylvania Rankings
Other Cities in Bucks County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Plumsteadville | 2,592 | $176,313 | $580,800 | 68.3% | 0.9% |
| Woodside | 2,491 | $172,206 | $697,200 | 66.8% | 0.4% |
| Bakerstown | 2,527 | $164,330 | $544,400 | 72.3% | 6.7% |
| Slippery Rock University | 2,853 | N/A | N/A | 0.0% | 100.0% |
| Messiah College | 2,329 | N/A | N/A | 70.3% | 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.