New Hope is a city located in Franklin County and Marion County Tennessee. New Hope has a 2024 population of 948. New Hope is currently declining at a rate of -1.04% annually and its population has decreased by -4.05% since the most recent census, which recorded a population of 988 in 2020.
The average household income in New Hope is $59,954 with a poverty rate of 24.79%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in New Hope is 47.9 years, 48 years for males, and 47.8 years for females.
According to the most recent ACS, the racial composition of New Hope was:
White
Two or more races
Black or African American
Native American
Asian
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 369 | 2.27 | 85.4 | 14.6 |
| Married | 163 | 2.82 | 90.8 | 9.2 |
| Non Family | 140 | 1.16 | 74.3 | 25.7 |
| Male | 33 | 2.88 | 100 | 0 |
| Female | 33 | 3.7 | 90.9 | 9.1 |
2.84
Average Family Size
2.27
Average Household Size
85.4%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among 2+ races people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 6%.
All
Male
Female
$36,250
Average Earnings
$52,391
Average Male
$26,181
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
100% of New Hope residents speak only English, while 0% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0% of the population.
rate
24.79%
Overall Poverty Rate
22.6%
Male Poverty Rate
26.85%
Female Poverty Rate
The race most likely to be in poverty in New Hope is White, with 25% below the poverty level.
The race least likely to be in poverty in New Hope is Multiple, with 13.33% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 4.46%. Among those working part-time, it was 39.57%, and for those that did not work, the poverty rate was 33.99%.
Married
Widowed
Divorced
Separated
NeverMarried
49.5%
Overall Marriage Rate
52.6%
Male Marriage Rate
47.0%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
11.48%
Veteran Poverty Rate
42.62%
Veteran Disability Rate
LaborForceParticipation
58.3%
Labor Force Participation
52.6%
Employment Rate
9.8%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
63.29%
Born in New Hope
100%
Native Born
0%
Foreign Born
0%
Non Citizen
0%
Naturalized
100% of New Hope residents were born in the United States, with 63.29% having been born in Tennessee. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 898 | -10 | -1.1% |
| 2028 | 908 | -10 | -1.09% |
| 2027 | 918 | -10 | -1.08% |
| 2026 | 928 | -10 | -1.07% |
| 2025 | 938 | -10 | -1.05% |
| 2024 | 948 | -10 | -1.04% |
| 2023 | 958 | -10 | -1.03% |
| 2022 | 968 | -12 | -1.22% |
| 2021 | 980 | -8 | -0.81% |
| 2020 | 988 | -65 | -6.17% |
| 2019 | 1,053 | 1 | 0.1% |
| 2018 | 1,052 | -3 | -0.28% |
| 2017 | 1,055 | -7 | -0.66% |
| 2016 | 1,062 | -9 | -0.84% |
| 2015 | 1,071 | -4 | -0.37% |
| 2014 | 1,075 | -2 | -0.19% |
| 2013 | 1,077 | -2 | -0.19% |
| 2012 | 1,079 | 1 | 0.09% |
| 2011 | 1,078 | -7 | -0.65% |
| 2010 | 1,085 | 0 | 0% |