New Hope, MS

Full City Profile · Mississippi · Lowndes County County

4.4 /5.0
A Great
3,587 Population 713/sq mi density
$79,250 Median Income $35,879 per capita
$223,900 Home Value $169,116 Zillow
$963 Median Rent 23.6% income on rent
65°F Avg Temperature
A
Overall
4.4 / 5.0
Strong
A+
Economy
4.6 / 5.0
$79,250 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$223,900 home value, $963/mo rent
B+
Education
3.6 / 5.0
32.6% bachelor's degree or higher

New Hope, MS

At a Glance

Median Income
$79,250
5% above
$35,879 per capita
Home Value
$223,900
21% below
Zillow: $169,116
Median Rent
$963/mo
17% below
23.6% of income on rent
Bachelor's Degree+
32.6%
3% below
91.1% high school+
Unemployment
0.4%
89% below
1.1% poverty rate
Obesity Rate
32.5%
1% above
13.7% smoking rate
Avg Temperature
65°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
105%
Home Value
79%
Rent
83%
Poverty
9%
Bachelor's
97%
Unemployment
11%
Thin vertical line = U.S. national average (100%)

Is New Hope a Good Place to Live?

A
4.4 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

New Hope residents earn a median household income of $79,250 , which is 5% above the national average of $75,149. Per capita income is $35,879. The unemployment rate stands at 0.4% (89% below the U.S. rate of 3.6%). 1.1% of residents live below the poverty line. The area is home to 1,558 business establishments, including 132 restaurants.

Housing & Cost of Living

The median home value in New Hope is $223,900 , 21% below the national median of $281,900. Zillow estimates the typical home at $169,116. Median rent is $963/month, with 23.6% of renters spending more than 30% of income on housing. The cost of living index is 87.0 (100 = national average). The median home was built in 1990.

Education

32.6% of adults in New Hope hold a bachelor's degree or higher (3% below the national average). 91.1% have completed high school. Local schools score 4.7/10 in standardized testing.

Climate & Weather

New Hope has an average annual temperature of 65°F (19°C). Winters average 46°F in January while summers reach 83°F in July. Annual precipitation totals 56.6 inches.

Data Overview

People

Population3,587
Median Age35.6 yrs
Density713/mi²
Male / Female53% / 47%
Foreign Born0.0%
Veterans4.5%

Economy

A+
Median Income$79,250
Per Capita$35,879
Unemployment0.4%
Poverty1.1%
County GDP$3,920M
Avg Weekly Wage$1,089

Housing

A+
Home Value$223,900
Rent$963
Ownership83.2%
Zillow$169,116
Housing Units1,118
Rent Burden23.6%

Health

Obesity32.5%
Diabetes10.1%
Smoking13.7%
Heart Disease5.1%
Premature Death13,170/100K

Climate

Avg Temp65°F
Rain56.6 in/yr
Elevation252 ft

Education

B+
Bachelor's+32.6%
High School+91.1%
Graduate+9.1%
School Score4.7/10

Community

2024 VoteR 54% / D 45%
Commute24 min
Broadband85.7%
Internet Speed150 Mbps
EV Stations10
Libraries4

Did You Know?

The median home in New Hope was built in 1990.
The nearest airport is Golden Triangle Regional (14 miles).
The Gini coefficient (income inequality) is 0.487 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
6.7% of the population has a disability.
Average internet download speed is 150 Mbps.
There are 132 restaurants in the area.
The county recorded 11 fatal vehicle crashes.