New Hope, KY
Full City Profile · Kentucky · Larue County County
4.6
/5.0
A+
Excellent
39
Population
63/sq mi density
57°F
Avg Temperature
318 sunny days/yr
A+
Overall
4.6 / 5.0
Strong
A+
Education
4.6 / 5.0
45.0% bachelor's degree or higher
Income Overview
Unemployment Rate
30.0%
733% above
US avg: 3.6%
Poverty Rate
100.0%
706% above
US avg: 12.4%
Income Comparison: New Hope vs. U.S. Average
Each bar shows New Hope’s value as a percentage of the national average (100% line = U.S. avg)
IRS Avg AGI
US: $72,000
$53,956
75%
Avg Weekly Wage
US: $1,432
$883
62%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$883
38% below US avg ($1,432)
County GDP
$314M
County-level GDP (BEA 2024)
Business Landscape
Total Establishments
327
Restaurants
16
Healthcare
24
Retail
41
Manufacturing
16
Tax & Financial
IRS Avg Adjusted Gross Income
$53,956
25% below US avg ($72,000)
Avg Property Tax
$2,140
39% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| IRS Avg Adjusted Gross Income | $53,956 |
| Avg Weekly Wage | $883 |
| County GDP | $314M |
Hardship Indicators
| Unemployment Rate | 30.0% |
| Poverty Rate | 100.0% |
| Gini Coefficient | 0.432 |
| Cost of Living Index | 90.2 |
Commute
Businesses
| Total Establishments | 327 |
| Restaurants | 16 |
| Healthcare | 24 |
| Retail | 41 |
| Manufacturing | 16 |
Tax
| IRS Avg AGI | $53,956 |
| Avg Property Tax | $2,140 |
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