New Hope is a city located in Madison County, Alabama. New Hope has a 2026 population of 2,986. New Hope is currently growing at a rate of 0.54% annually and its population has increased by 3.32% since the most recent census, which recorded a population of 2,890 in 2020.
The median household income in New Hope is $83,816 with a poverty rate of 13.11%. The median age in New Hope is 34.2 years: 33.4 years for males, and 34.3 years for females. For every 100 females there are 99.0 males.
Data after 2023 is projected based on recent change
Overall: 34.2 years
Female: 34.3 years
Male: 33.4 years
There are 1,819 adults, (291 of whom are seniors) in New Hope.
Female: 1,463 (50.3%)
Male: 1,448 (49.7%)
The racial composition of New Hope includes 92.75% White, and smaller percentages for Black or African American, other race, Native American, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 2,700 | 92.75% |
| Two or more races | 111 | 3.81% |
| Black or African American | 36 | 1.24% |
| Other race | 36 | 1.24% |
| Native American | 19 | 0.65% |
| Asian | 9 | 0.31% |
New Hope 's average per capita income is $55,559. Household income levels show a median of $83,816. The poverty rate stands at 13.11%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $140,222 | - |
| Families | $118,182 | $103,442 |
| Households | $83,816 | $87,884 |
| Non Families | $31,167 | $42,331 |
Average Income
Median Household Income
Poverty Rate