New Hope CDP, Virginia Demographics & Population 2026

Population Overview

New Hope CDP is a small community located in Virginia. The total population is 917. It ranks as the 395th most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in New Hope CDP is 51.9 years. This is 34% higher than the state median of 38.8 years. Only 9.2% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in New Hope CDP is $87,083. This is 4% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 11% higher. The poverty rate stands at 0.0%. This is 100% lower than the state poverty rate of 9.9%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $314,400. Housing costs are 13% lower than the state median of $360,700. The home-value-to-income ratio is 3.6x. 92.9% of occupied housing units are owner-occupied. This homeownership rate is 38% higher than the state average of 67.2%.

Race & Ethnicity

New Hope CDP has a predominantly White (non-Hispanic) population, comprising 97.2% of all residents. Hispanic or Latino residents account for 1.4%. The White (non-Hispanic) population is significantly higher than the state average (97.2% vs 59.0%). The Hispanic or Latino population (1.4%) is well below the state average of 10.7%.

Education

24.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.5%.

Data Sources & Methodology

All demographic data for New Hope CDP, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.