Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 58.1 yrs |
|---|---|
| Avg HH Size | 2.18 |
| Below Poverty | 2.2% ▼ 78% below avg |
| College Grads | 74.1% ▲ 91% above avg |
| Unemployment | 3.7% ▼ 25% below avg |
| HS Graduate | 1,371 (13.5%) |
| Some College | 382 (3.8%) |
| Associates | 887 (8.7%) |
| Bachelors | 744 (7.3%) |
| Graduate Degree | 6,793 (66.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $161,146 ▲ 111% above avg |
|---|---|
| Median Home Value | $701,700 ▲ 152% above avg |
| Home/Income Ratio | 4.4x (nat avg ~3.5x) |
| Median Rent | $2,005/mo |
| Total Housing Units | 6,369 |
| Vacant Units | 311 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Hope is a city in Pennsylvania, located in Bucks County. The city spans 1 ZIP code and is home to approximately 13,192 residents. It is an older city, with a median age of 58.1 years.
Economically, New Hope is a affluent community. The median household income of $161,146 is more than double the national average. Approximately 2.2% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in New Hope is a premium housing market. Median home values stand at $701,700, which is more than double the national average. Renters typically pay around $2,005 per month. Homeownership is high at 87.7%, typical of suburban and family-oriented communities.
The population of New Hope is highly educated. 74.1% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (84.88%).
New Hope, PA offers residents above-average earning potential within Pennsylvania.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 18938 | 13,192 | $161,146 | $701,700 | $2,005 | 3.7% | 74.1% | 87.7% |