New Hope, Virginia Demographics & Population 2026

A note before these figures: with a population of 900, New Hope's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

New Hope is a small community located in Virginia, within Augusta County. The total population is 900. It ranks as the 398th most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in New Hope is 51.8 years. This is 33% higher than the state median of 39.0 years. Only 10.7% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in New Hope is $87,661. This is 6% lower than the state median of $93,170. It is also 9% higher than the national median of $80,734. The ACS records no residents below the poverty line in New Hope. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in New Hope, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $323,600. Housing costs are 16% lower than the state median of $383,700. The home-value-to-income ratio is 3.7x. 90.1% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 67.3%.

Race & Ethnicity

New Hope has a predominantly White (non-Hispanic) population, comprising 95.8% of all residents. The White (non-Hispanic) population is significantly higher than the state average (95.8% vs 58.4%).

Education

28.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.0%.

Data Sources & Methodology

All demographic data for New Hope, Virginia 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 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.