New Hope, AL

Full City Profile · Alabama · Marshall County County

3.2 /5.0
B Good
2,895 Population 334/sq mi density
$80,787 Median Income $29,188 per capita
$158,200 Home Value $233,849 Zillow
$692 Median Rent 22.1% income on rent
60°F Avg Temperature
34 Violent Crime/100K 1,123 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$80,787 median income, 7.9% unemployment
A+
Affordability
5.0 / 5.0
$158,200 home value, $692/mo rent
F
Safety
1.0 / 5.0
34 violent crimes/100K
B
Education
3.1 / 5.0
26.3% bachelor's degree or higher

New Hope, AL

At a Glance

Median Income
$80,787
8% above
$29,188 per capita
Home Value
$158,200
44% below
Zillow: $233,849
Median Rent
$692/mo
40% below
22.1% of income on rent
Violent Crime
34/100K
91% below
1,123/100K property
Bachelor's Degree+
26.3%
22% below
90.4% high school+
Unemployment
7.9%
119% above
2.7% poverty rate
Obesity Rate
40.2%
25% above
16.0% smoking rate
Avg Temperature
60°F

How New Hope Compares to the U.S. Average

Each bar shows New Hope's value as a percentage of the national average (100% = U.S. avg)

Income
108%
Home Value
56%
Rent
60%
Poverty
22%
Bachelor's
78%
Unemployment
219%
Crime
9%
Thin vertical line = U.S. national average (100%)

Is New Hope a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

New Hope residents earn a median household income of $80,787 , which is 8% above the national average of $75,149. Per capita income is $29,188. The unemployment rate stands at 7.9% (119% above the U.S. rate of 3.6%). 2.7% of residents live below the poverty line. The area is home to 2,582 business establishments, including 208 restaurants.

Housing & Cost of Living

The median home value in New Hope is $158,200 , 44% below the national median of $281,900. Zillow estimates the typical home at $233,849. Median rent is $692/month, with 22.1% of renters spending more than 30% of income on housing. The cost of living index is 88.8 (100 = national average). The median home was built in 1987.

Safety & Crime

New Hope reports 34 violent crimes per 100,000 residents , which is 91% below the national average of 380/100K. Property crime is 1,123/100K.

Education

26.3% of adults in New Hope hold a bachelor's degree or higher (22% below the national average). 90.4% have completed high school. Local schools score 5.1/10 in standardized testing.

Climate & Weather

New Hope has an average annual temperature of 60°F (15°C). Winters average 40°F in January while summers reach 78°F in July. Annual precipitation totals 58.1 inches.

Data Overview

People

Population2,895
Median Age34.2 yrs
Density334/mi²
Male / Female51% / 49%
Foreign Born0.4%
Veterans16.0%

Economy

B+
Median Income$80,787
Per Capita$29,188
Unemployment7.9%
Poverty2.7%
County GDP$5,278M
Avg Weekly Wage$927

Housing

A+
Home Value$158,200
Rent$692
Ownership79.4%
Zillow$233,849
Housing Units1,033
Rent Burden22.1%

Crime

F
Violent34/100K
Property1,123/100K

Health

Obesity40.2%
Diabetes10.8%
Smoking16.0%
Heart Disease6.0%
Premature Death12,809/100K

Climate

Avg Temp60°F
Rain58.1 in/yr
Elevation608 ft

Education

B
Bachelor's+26.3%
High School+90.4%
Graduate+2.3%
School Score5.1/10

Community

2024 VoteR 85% / D 14%
Commute25 min
Broadband89.9%
Internet Speed206 Mbps
EV Stations1
Libraries6

Did You Know?

The median home in New Hope was built in 1987.
The nearest airport is Huntsville International-Carl T Jones Field (22 miles).
The Gini coefficient (income inequality) is 0.457 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
13.4% of the population has a disability.
Average internet download speed is 206 Mbps.
There are 208 restaurants in the area.
The county recorded 22 fatal vehicle crashes.
182 declared natural disasters on record.