Median Income
$62,396
17% lower than US avg
Home Value
$148,800
47% lower than US avg
Bachelor's+
6.1%
82% lower than US avg
Obesity Rate
40.0%
25% higher than US avg
Unemployment
10.3%
186% higher than US avg
Poverty Rate
15.7%
27% higher than US avg
How New Hope Compares to the U.S. Average (100% = U.S. avg)
People
Population928
Median Age38.9 yrs
Density90/mi²
Male / Female47% / 53%
Largest GroupWhite 97%
Veterans6.2%
Economy
C+
Median Income$62,396
Per Capita$25,386
Unemployment10.3%
Poverty15.7%
County GDP$650M
Commute22 min
Housing
A+
Home Value$148,800
Ownership88.5%
Zillow$236,414
Housing Units398
Rent Burden44.0%
Health
Obesity40.0%
Uninsured8.4%
Smoking23.2%
Depression32.7%
Heart Disease7.2%
Climate
Avg Temp59°F (15°C)
Rain60.2 in/yr
Elevation724 ft (221 m)
Education
F
Bachelor's+6.1%
High School+84.5%
Graduate+0.8%
School Score5.08
Community
2024 VoteR 83% / D 16%
Commute22 min
Broadband85.6%
EV Stations3
Libraries1
Is New Hope a Good Place to Live?
Based on current data, New Hope receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, high obesity rates. New Hope offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in New Hope is $62,396, 17% below the national average of $75,149. At 10.3%, unemployment is notably high. The poverty rate of 15.7% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 22 minutes.
Cost of Living & Housing
The median home value in New Hope is $148,800, 47% below the national median / offering relatively affordable homeownership. At just 2.4x median income, home prices are very affordable relative to local earnings.
Education
6.1% of residents hold a bachelor's degree, below the national average of 33.7%. 84.5% have completed high school. Area schools have an average test score of 5.1/10.
Climate & Weather
New Hope enjoys a moderate climate with an average annual temperature of 59°F. Winters average 39°F in January while summers reach 78°F in July. Annual precipitation totals 60.2 inches, including 5.4 inches of snow.
New Hope has a population of 928 with a density of 90 people per square mile, spread across 10.4 square miles. The median age is 38.9 years, 0% younger than the national median of 38.9. The gender split is 53% female and 47% male. The city is predominantly White (96.7%). English is the primary language spoken at home by 100% of residents. 6.2% of the population are veterans. 13.8% of residents have a disability. 91.6% have health insurance coverage.
Population
928
Total Population
2023 Census
38.9yrs
Median Age
0% below US avg
Language Spoken at Home
English Only
100.0%
27% above US avg
Spanish
0.0%
100% below US avg
The median household income in New Hope is $62,396, which is 17% below the national average of $75,149. Per capita income is $25,386 (below the $39,052 national figure). The average weekly wage is $908, 37% lower than the U.S. average. The unemployment rate is 10.3% (above the 3.6% US average). 15.7% of residents live below the poverty line, higher than the national rate of 12.4%. The area has 310 business establishments, including 20 restaurants. The cost of living index is 91.9, below the national baseline of 100 / offering relatively affordable living. Workers commute an average of 22 minutes (shorter than the 28-minute US average). 8.0% of workers work from home (below the 15.2% national rate).
Income
| Median HH Income | $62,396 |
| 17% below US avg |
| Per Capita Income | $25,386 |
| Avg Weekly Wage | $908 |
| IRS Avg AGI | $62,898 |
| Gini Index | 0.428 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 10.3% |
| 186% above US avg |
| Poverty Rate | 15.7% |
| 27% above US avg |
| Establishments (County) | 310 |
| County GDP | $650M |
Business (County)
| Restaurants | 20 |
| Healthcare | 18 |
| Retail | 66 |
| Manufacturing | 11 |
Tax & Cost of Living
| Property Tax (IRS) | $3,417 |
| 2% below US avg |
| Cost of Living | 91.90 (100=avg) |
| Effective Tax Rate | 2.30% |
Commute & Transportation
| Commute Time | 22.2 min |
| Drive Alone | 83.3% |
| Public Transit | 0.0% |
| Work from Home | 8.0% |
The median home value in New Hope is $148,800, 47% below the national median of $281,900. Zillow estimates the typical home value at $236,414, higher than the Census estimate. Fair market rent ranges from $924 for a one-bedroom to $1,118 for a two-bedroom apartment. 88.5% of housing units are owner-occupied (above the 65.4% national rate). There are 398 total housing units in the city. The median year a home was built is 1984. The average annual property tax is $3,417. 44.0% of renters spend 30% or more of their income on housing, indicating a significant affordability challenge for renters. The home price-to-income ratio is 2.4x, well within the affordable range.
Home Values
| Census Median | $148,800 |
| 47% below US avg |
| Zillow ZHVI | $236,414 |
Rental Costs
HUD Fair Market Rent
| Studio | $882 |
| 1 Bedroom | $924 |
| 2 Bedrooms | $1,118 |
| 3 Bedrooms | $1,445 |
| 4 Bedrooms | $1,644 |
Ownership & Property
| Homeownership | 88.5% |
| Owner-Occupied | 88.5% |
| Renter-Occupied | 11.5% |
| Housing Units | 398 |
| Median Year Built | 1984 |
Property Tax
| Avg Tax (IRS) | $3,417 |
| 2% below US avg |
| Effective Rate | 2.30% |
In New Hope, 40.0% of adults are obese, above the national rate of 32.1%. 12.6% have diabetes (above the 10.5% national rate). Heart disease affects 7.2% of residents, above the national average. 37.4% have high blood pressure. 23.2% are current smokers (above the 14.0% national rate). 15.8% report binge drinking. 29.3% are physically inactive, above the national average. 32.7% report depression (above the 20.0% national average). 22.9% experience frequent mental distress. 8.4% of residents lack health insurance. The primary care physician ratio is 1:3,265. The dentist ratio is 1:3,216. 62.5% of residents have access to exercise opportunities.
Health Metrics: New Hope vs U.S. Average (%)
Chronic Conditions
| Obesity | 40.0% |
| 25% above US avg |
| Diabetes | 12.6% |
| Heart Disease | 7.2% |
| High Blood Pressure | 37.4% |
| Asthma | 11.7% |
| COPD | 10.1% |
| Cancer | 7.4% |
| Stroke | 3.7% |
Behaviors & Mental Health
| Smoking | 23.2% |
| 66% above US avg |
| Binge Drinking | 15.8% |
| Physical Inactivity | 29.3% |
| Depression | 32.7% |
| Mental Distress | 22.9% |
| Physical Distress | 16.9% |
| Short Sleep | 41.6% |
Healthcare Access
| Insurance Rate | 91.6% |
| Uninsured | 8.4% |
| 2% below US avg |
| Primary Care | 1:3,265 |
| Dentists | 1:3,216 |
| Mental Health | 1:1,616 |
| Checkup Rate | 74.3% |
| Dental Visits | 48.4% |
| Premature Death | 11,895/100K |
Food & Exercise
| Exercise Access | 62.5% |
| Healthcare Facilities | 18 |
New Hope enjoys a temperate climate with an average annual temperature of 59°F (15°C). Winters average 39°F in January while summers reach 78°F in July. Annual precipitation totals 60.2 inches (wetter than the 38-inch national average). The area receives 5.4 inches of snow annually. The city sits at an elevation of 724 feet.
Temperature
39°F Jan (4°C)
78°F Jul (25°C)
| Annual Average | 59.0°F |
| 9% above US avg |
| January Average | 39°F (4°C) |
| July Average | 78°F (25°C) |
Geography
| Elevation | 724 ft (221 m) |
| Area | 10.4 sq mi (26.9 km²) |
| Population Density | 90/sq mi |
| Coordinates | 34.9994°N, 85.6684°W |
| Timezone | America/Chicago |
| County | Dade County County |
| Nearest Airport | Tullahoma Regional/Wm Northern Field (THA)
42 miles away |
Precipitation & Snow
Annual Rainfall
60.2"
58% above US avg
Wettest Month (Dec)
6.18"
Natural Hazard Risk
| Overall Risk | Very Low |
| Risk Score | 33.2 / 100 |
| Social Vulnerability | 66.0 / 100 |
| Community Resilience | 12.8 / 100 |
Hazard Breakdown
| Tornado |
Relatively Moderate |
| Hurricane |
Very Low |
| Earthquake |
Very Low |
| Wildfire |
Very Low |
| Flood |
Relatively Low |
| Hail |
Very Low |
| Strong Wind |
Relatively Moderate |
| Heat Wave |
Very Low |
| Winter Weather |
Relatively Low |
| Lightning |
Relatively Low |
| Ice Storm |
Relatively Low |
| Drought |
Relatively Low |
| Cold Wave |
Relatively Moderate |
| Landslide |
Relatively Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
124 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M4.6. Most recent: M2.6 on Feb 25, 2025.
| Apr 29, 2003 |
8 km S of Valley Head, Alabama |
M4.6 |
56 km |
| Dec 8, 2001 |
5 km SW of Pleasant Groves, Alabama |
M3.9 |
61 km |
| Jul 5, 1995 |
12 km ESE of Tellico Plains, Tennessee |
M3.7 |
142 km |
| Jul 19, 1997 |
12 km E of Cohutta, Georgia |
M3.5 |
78 km |
| Jun 19, 2007 |
10 km ENE of Spencer, Tennessee |
M3.5 |
93 km |
| Mar 18, 1995 |
10 km SE of Dayton, Tennessee |
M3.3 |
81 km |
| Apr 11, 2006 |
5 km NE of Etowah, Tennessee |
M3.3 |
115 km |
| May 10, 2006 |
3 km WNW of Madisonville, Tennessee |
M3.2 |
130 km |
| Mar 7, 2001 |
6 km NW of Decatur, Tennessee |
M3.2 |
96 km |
| Apr 5, 1994 |
10 km N of Trenton, Georgia |
M3.2 |
17 km |
| May 6, 2010 |
11 km ENE of Whitesboro, Alabama |
M3.2 |
94 km |
| Mar 21, 2001 |
7 km ESE of Trenton, Georgia |
M3.2 |
27 km |
| Mar 7, 2001 |
5 km WNW of Decatur, Tennessee |
M3.2 |
95 km |
| Aug 1, 2009 |
8 km ENE of Ducktown, Tennessee |
M3.2 |
126 km |
| May 10, 2020 |
7 km SSE of Sewanee, Tennessee |
M3.1 |
26 km |
| Jan 15, 1993 |
1 km N of Apison, Tennessee |
M3.1 |
59 km |
| Oct 30, 1991 |
9 km NNE of Eton, Georgia |
M3.1 |
88 km |
| Apr 29, 2003 |
7 km E of Fort Payne, Alabama |
M3.1 |
62 km |
| Jun 23, 2008 |
10 km ESE of Cohutta, Georgia |
M3.1 |
76 km |
| May 2, 2003 |
8 km S of Valley Head, Alabama |
M3.1 |
57 km |
Source: USGS (M2.5+, 1990-2025)
Tornado History
505 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF5. Total: 162 fatalities, 2,136 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Apr 27, 2011 |
EF5 |
73 km |
25 |
| Apr 27, 2011 |
EF4 |
47 km |
20 |
| Apr 27, 2011 |
EF4 |
51 km |
14 |
| Apr 27, 2011 |
EF4 |
44 km |
4 |
| Apr 27, 2011 |
EF4 |
32 km |
1 |
| Apr 24, 2010 |
EF4 |
73 km |
0 |
| Feb 6, 2008 |
EF4 |
40 km |
1 |
| Nov 15, 1989 |
EF4 |
98 km |
21 |
| Apr 3, 1974 |
EF4 |
76 km |
11 |
| Apr 3, 1974 |
EF4 |
79 km |
9 |
| May 19, 1973 |
EF4 |
59 km |
0 |
| May 2, 1953 |
EF4 |
99 km |
4 |
| Feb 29, 1952 |
EF4 |
85 km |
2 |
| Feb 13, 1952 |
EF4 |
62 km |
3 |
| May 8, 2024 |
EF3 |
44 km |
0 |
| Apr 1, 2023 |
EF3 |
83 km |
1 |
| Apr 12, 2020 |
EF3 |
38 km |
2 |
| Nov 30, 2016 |
EF3 |
87 km |
2 |
| Nov 30, 2016 |
EF3 |
36 km |
4 |
| Apr 28, 2014 |
EF3 |
80 km |
2 |
Source: NOAA SPC (EF0+, 1950-2024)
Wildfire History
20 wildfires (100+ acres) within 100 km.
Largest: ROUGH RIDGE (27,610 ac, 2016).
| Year |
Name |
Acres |
Distance |
| 2016 |
ROUGH RIDGE |
27,610 |
98 km |
| 2024 |
RX - O63 CHESTNUT MTN |
4,570 |
99 km |
| 2001 |
UNNAMED |
4,213 |
37 km |
| 2021 |
DUTCH CREEK |
3,845 |
100 km |
| 2016 |
UNNAMED |
2,908 |
89 km |
| 1987 |
STATEC0045 |
2,669 |
60 km |
| 1999 |
UNNAMED |
2,638 |
57 km |
| 2024 |
RX - O33 ROCK CREEK_SEED ORCHARD |
2,445 |
100 km |
| 2006 |
UNNAMED |
2,405 |
62 km |
| 2007 |
WILDCAT BRANCH WFIRE |
2,285 |
66 km |
| 2018 |
RUFF CREEK |
2,281 |
63 km |
| 2021 |
UNNAMED |
2,199 |
69 km |
| 2016 |
UNNAMED |
1,866 |
70 km |
| 2016 |
BRIDGE CREEK ROAD |
1,777 |
29 km |
| 2014 |
SOUTH EAST COMPLEX |
1,753 |
66 km |
| 2016 |
BENCH BLUFF |
1,715 |
77 km |
| 2001 |
UNNAMED |
1,691 |
35 km |
| 2015 |
UNNAMED |
1,669 |
64 km |
| 2008 |
UNNAMED |
1,530 |
63 km |
| 2001 |
UNNAMED |
1,491 |
84 km |
Source: NIFC/IRWIN (100+ acres)
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
39°F (4°C) |
5.6 in |
Coldest |
| February |
43°F (6°C) |
5.7 in |
|
| March |
50°F (10°C) |
5.7 in |
|
| April |
59°F (15°C) |
5.7 in |
|
| May |
67°F (19°C) |
4.2 in |
|
| June |
74°F (23°C) |
4.8 in |
|
| July |
78°F (25°C) |
5.4 in |
Warmest |
| August |
77°F (25°C) |
4.0 in |
|
| September |
71°F (22°C) |
4.4 in |
|
| October |
60°F (15°C) |
3.6 in |
Driest |
| November |
49°F (9°C) |
4.9 in |
|
| December |
42°F (5°C) |
6.2 in |
Wettest |
New Hope has a seasonal temperature swing of 39°F / from 39°F in January to 78°F in July. Total annual precipitation is 60.2 inches, with December being the wettest month (6.2") and October the driest (3.6").
Average costs for common services in New Hope. Prices are estimated based on regional cost of living data and may vary by provider.
Healthcare
| Doctor Visit (Primary Care) |
$230 ($138-$368) |
| Specialist Visit |
$322 ($184-$505) |
| Urgent Care Visit |
$184 ($92-$322) |
| Emergency Room Visit |
$2,022 ($735-$4,595) |
| Dental Cleaning |
$119 ($69-$184) |
| Dental Filling |
$230 ($138-$368) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$41 ($23-$69) |
| Oil Change (Synthetic) |
$69 ($46-$110) |
| Brake Pad Replacement |
$276 ($138-$460) |
| Tire Rotation |
$37 ($18-$69) |
| New Tires (Set of 4) |
$551 ($368-$919) |
| Battery Replacement |
$184 ($92-$322) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$92 ($55-$138) |
| Electrician (Per Hour) |
$83 ($46-$129) |
| HVAC Repair |
$368 ($138-$735) |
| HVAC System Install |
$6,433 ($3,676-$11,028) |
| Roof Repair |
$919 ($368-$1,838) |
| Roof Replacement |
$8,271 ($5,055-$13,785) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,379 ($460-$3,217) |
| Divorce (Contested) |
$13,785 ($4,595-$27,570) |
| DUI Defense |
$4,595 ($1,838-$9,190) |
| Bankruptcy (Chapter 7) |
$1,379 ($735-$2,757) |
| Will Preparation |
$460 ($184-$919) |
| Trust Preparation |
$2,298 ($919-$4,595) |
View all 12 services
Personal Care
| Men's Haircut |
$23 ($14-$41) |
| Women's Haircut |
$51 ($28-$92) |
| Hair Coloring (Full) |
$138 ($69-$230) |
| Manicure |
$23 ($14-$41) |
| Pedicure |
$37 ($23-$60) |
| Massage (1 Hour) |
$74 ($46-$119) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$3.77 ($2.76-$5.05) |
| Dozen Eggs (per dozen) |
$3.22 ($2.30-$4.60) |
| Loaf of Bread |
$3.49 ($2.30-$5.05) |
| Chicken Breast (per lb) |
$4.14 ($2.76-$5.97) |
| Ground Beef (per lb) |
$5.05 ($3.68-$6.89) |
| Rice (per lb) |
$0.92 ($0.55-$1.65) |
View all 20 services
Utilities
| Electricity (Monthly) |
$129 ($74-$230) |
| Natural Gas (Monthly) |
$64 ($28-$138) |
| Water/Sewer (Monthly) |
$64 ($37-$110) |
| Internet (Monthly) |
$64 ($37-$92) |
| Cell Phone Plan (Monthly) |
$60 ($28-$92) |
| Cable TV (Monthly) |
$78 ($46-$138) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$184 ($69-$460) |
| Car Insurance (Annual) |
$1,838 ($1,103-$3,217) |
| Bus Pass (Monthly) |
$64 ($28-$119) |
| Taxi/Uber (5-Mile Ride) |
$14 ($7.35-$23) |
| Car Registration (Annual) |
$92 ($28-$230) |
| Driver's License Renewal |
$28 ($14-$69) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,103 ($551-$2,298) |
| Daycare (Toddler, Monthly) |
$919 ($460-$1,838) |
| After-School Care (Monthly) |
$368 ($184-$643) |
| Tutoring (Per Hour) |
$46 ($23-$92) |
| SAT/ACT Prep Course |
$919 ($368-$2,298) |
| Private School (K-12, Annual) |
$11,488 ($4,595-$27,570) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$55 ($28-$92) |
| Dog Vaccination (Annual) |
$92 ($46-$184) |
| Dog Grooming |
$55 ($28-$92) |
| Pet Boarding (Per Night) |
$37 ($18-$69) |
| Dog Spay/Neuter |
$276 ($138-$460) |
| Cat Spay/Neuter |
$184 ($92-$368) |
View all 9 services
Childcare
| Center-Based (monthly) |
| Infant | $470 |
| Toddler | $442 |
| Preschool | $442 |
| Family Childcare (monthly) |
| Infant | $446 |
| Toddler | $420 |
| Preschool | $420 |
Source: DOL Women's Bureau (2022)
Frequently Asked Questions About New Hope
What is the population of New Hope?
New Hope has a population of 928 residents and is located in Tennessee. The population density is 90 people per square mile, spread across 10.4 square miles. The median age of residents is 38.9 years. The population is 53% female and 47% male.
Is New Hope expensive to live in?
New Hope is more affordable than the national average, with a cost of living index of 91.9 / below the baseline of 100. The median household income is $62,396, 17% below the national average of $75,149. The median home value is $148,800 (47% below the U.S. median). The home price-to-income ratio is 2.4x, indicating housing is reasonably affordable relative to local income levels.
What is the weather like in New Hope?
New Hope enjoys a temperate climate with an average annual temperature of 59°F (15°C). Winter temperatures average 39°F in January, while summers reach an average of 78°F in July. Annual rainfall totals 60.2 inches, with 5.4 inches of snow.
How is the job market in New Hope?
The job market in New Hope faces challenges, with unemployment at 10.3% / significantly above the national rate of 3.6%. The average weekly wage is $908. There are 310 business establishments in the area, including 20 restaurants and food service locations. The average commute time is 22 minutes, and 8.0% of workers work from home.
How much does housing cost in New Hope?
The median home value in New Hope is $148,800. Zillow estimates the typical home value at $236,414. The homeownership rate is 88.5%. The average annual property tax is $3,417.
How are the schools in New Hope?
Schools in New Hope score 5.1 out of 10 on standardized testing, near the national average. 6.1% of adults in New Hope hold a bachelor's degree or higher, below the national average of 33.7%. 84.5% have completed high school. 0.8% hold a graduate or professional degree.
How healthy is New Hope?
The obesity rate in New Hope is 40.0% (above the national rate of 32.1%). 23.2% of adults are smokers. 29.3% are physically inactive. 32.7% of residents report depression. 8.4% lack health insurance. 62.5% of residents have access to exercise opportunities. The primary care physician ratio is 1:3,265.
What is transportation like in New Hope?
The average commute in New Hope is 22 minutes, shorter than the national average of 28 minutes. 83.3% of workers drive alone to work, and 8.0% work from home.
What are the demographics of New Hope?
The racial and ethnic makeup of New Hope is 96.7% White. 100% of residents speak only English at home. 6.2% of the population are military veterans. 13.8% of residents have a disability. 91.6% have health insurance coverage.