All Countries
New Hope, TN
Full City Profile · Tennessee · Dade County County
3.2
/5.0
B
Good
928
Population
90/sq mi density
$62,396
Median Income
$25,386 per capita
$148,800
Home Value
$224,050 Zillow
59°F
Avg Temperature
302 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$62,396 median income, 6.5% unemployment
A+
Affordability
5.0 / 5.0
$148,800 home value, /mo rent
F
Education
1.5 / 5.0
6.1% bachelor's degree or higher
Income Overview
Median Household Income
$62,396
17% below
US avg: $75,149
Per Capita Income
$25,386
35% below
US avg: $39,052
Unemployment Rate
6.5%
81% above
US avg: 3.6%
Poverty Rate
15.7%
27% 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)
Median Household
US: $75,149
$62,396
83%
Per Capita
US: $39,052
$25,386
65%
IRS Avg AGI
US: $72,000
$62,898
87%
Avg Weekly Wage
US: $1,432
$908
63%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$908
37% below US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
8.0%
47% below US avg (15.2%)
Drive Alone
83.3%
14% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$650M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83.3%
Public Transit
0%
Work From Home
8%
Other
8.7%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
310
Restaurants
20
Healthcare
18
Retail
66
Manufacturing
11
Tax & Financial
IRS Avg Adjusted Gross Income
$62,898
13% below US avg ($72,000)
Avg Property Tax
$3,417
2% below US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,396 |
| Per Capita Income | $25,386 |
| IRS Avg Adjusted Gross Income | $62,898 |
| Avg Weekly Wage | $908 |
| County GDP | $650M |
Hardship Indicators
| Unemployment Rate | 6.5% |
| Poverty Rate | 15.7% |
| Gini Coefficient | 0.428 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 83.3% |
| Public Transit | 0.0% |
| Work From Home | 8.0% |
Businesses
| Total Establishments | 310 |
| Restaurants | 20 |
| Healthcare | 18 |
| Retail | 66 |
| Manufacturing | 11 |
Tax
| IRS Avg AGI | $62,898 |
| Avg Property Tax | $3,417 |