Median Income
$65,625
13% lower than US avg
Home Value
$405,600
44% higher than US avg
Violent Crime
289/100K
24% lower than US avg
Bachelor's+
31.7%
6% lower than US avg
Median Rent
$1,841
58% higher than US avg
Obesity Rate
34.3%
7% higher than US avg
Unemployment
1.3%
64% lower than US avg
Poverty Rate
6.2%
50% lower than US avg
How New Hope Compares to the U.S. Average (100% = U.S. avg)
People
Population705
Median Age53.4 yrs
Density493/mi²
Male / Female48% / 52%
Largest GroupWhite 79%
Veterans8.6%
Economy
A
Median Income$65,625
Per Capita$42,345
Unemployment1.3%
Poverty6.2%
County GDP$115,358M
Commute29 min
Housing
B
Home Value$405,600
Rent$1,841
Ownership75.2%
Zillow$426,478
Housing Units375
Rent Burden45.0%
Crime
F
Violent289/100K
Property1,268/100K
Health
Obesity34.3%
Uninsured11.7%
Smoking11.3%
Depression23.9%
Heart Disease4.6%
Climate
Avg Temp65°F (18°C)
AQI42 (Good)
Sunny Days323/yr
Elevation604 ft (184 m)
Education
B+
Bachelor's+31.7%
High School+98.6%
Graduate+5.5%
School Score6.94
Community
2024 VoteR 54% / D 43%
Commute29 min
Broadband73.2%
EV Stations3
Libraries16
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 low unemployment, low crime rates, abundant sunshine, a low poverty rate. Areas to be aware of include high housing costs. 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 $65,625, 13% below the national average of $75,149. The job market is very strong with unemployment at just 1.3%. Only 6.2% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 29 minutes.
Cost of Living & Housing
The median home value in New Hope is $405,600, 44% above the national median. Renters pay a median of $1,841 per month, significantly above the national average of $1,163. The price-to-income ratio of 6.2x means housing costs are stretched relative to local earnings.
Safety & Crime
Violent crime in New Hope is below the national average at 289 per 100,000 residents (U.S. avg: 380). Property crime occurs at a rate of 1,268 per 100,000, 35% below the national average.
Education
31.7% of residents hold a bachelor's degree, below the national average of 33.7%. 98.6% have completed high school. Local schools score 6.9/10 in standardized testing, reflecting strong academic performance.
Climate & Weather
New Hope enjoys a moderate climate with an average annual temperature of 65°F. Winters average 45°F in January while summers reach 83°F in July. With 323 sunny days per year, residents enjoy well above the national average of sunshine. Air quality is rated Good with a median AQI of 42.
New Hope has a population of 705 with a density of 493 people per square mile, spread across 1.4 square miles. The median age is 53.4 years, 37% older than the national median of 38.9. The gender split is 51.9% female and 48.1% male. The city is predominantly White (78.6%), with 1.8% Hispanic. English is the primary language spoken at home by 82.9% of residents, while 17.1% speak Spanish. 8.6% of the population are veterans, above the national rate of 6.0%. 7.8% of residents have a disability (below the 13.0% national average). 86.7% have health insurance coverage.
Population
53.4yrs
Median Age
37% above US avg
Language Spoken at Home
English Only
82.9%
6% above US avg
Spanish
17.1%
28% above US avg
The median household income in New Hope is $65,625, which is 13% below the national average of $75,149. Per capita income is $42,345. The average weekly wage is $1,694, 18% higher than the U.S. average. The unemployment rate is 1.3% (below the 3.6% US average). 6.2% of residents live below the poverty line, lower than the national rate of 12.4%. The area has 34,830 business establishments, including 2,668 restaurants. The cost of living index is 97.1, roughly in line with the national average. Workers commute an average of 29 minutes. 8.8% of workers work from home (below the 15.2% national rate).
Income
| Median HH Income | $65,625 |
| 13% below US avg |
| Per Capita Income | $42,345 |
| Avg Weekly Wage | $1,694 |
| IRS Avg AGI | $129,628 |
| Gini Index | 0.433 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 1.3% |
| 64% below US avg |
| Poverty Rate | 6.2% |
| 50% below US avg |
| Establishments (County) | 34,830 |
| County GDP | $115,358M |
Business (County)
| Restaurants | 2,668 |
| Healthcare | 4,398 |
| Retail | 2,985 |
| Manufacturing | 491 |
Tax & Cost of Living
| Property Tax (IRS) | $10,750 |
| 207% above US avg |
| Cost of Living | 97.10 (100=avg) |
| Effective Tax Rate | 2.65% |
Commute & Transportation
| Commute Time | 28.9 min |
| Drive Alone | 85.3% |
| Public Transit | 0.0% |
| Work from Home | 8.8% |
The median home value in New Hope is $405,600, 44% above the national median of $281,900. Zillow estimates the typical home value at $426,478. Monthly rent averages $1,841 (58% above the national average of $1,163). Fair market rent ranges from $935 for a one-bedroom to $1,149 for a two-bedroom apartment. 75.2% of housing units are owner-occupied (above the 65.4% national rate). There are 375 total housing units in the city. The median year a home was built is 1985. The average annual property tax is $10,750 (higher than the $3,500 national average). 45.0% 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 6.2x, above the traditionally affordable threshold of 3-4x.
Home Values
| Census Median | $405,600 |
| 44% above US avg |
| Zillow ZHVI | $426,478 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,841 |
| 58% above US avg |
| Rent Burden | 45.0% |
HUD Fair Market Rent
| Studio | $887 |
| 1 Bedroom | $935 |
| 2 Bedrooms | $1,149 |
| 3 Bedrooms | $1,497 |
| 4 Bedrooms | $1,733 |
Ownership & Property
| Homeownership | 75.2% |
| Owner-Occupied | 75.2% |
| Renter-Occupied | 24.8% |
| Housing Units | 375 |
| Median Year Built | 1985 |
Property Tax
| Avg Tax (IRS) | $10,750 |
| 207% above US avg |
| Effective Rate | 2.65% |
In New Hope, 34.3% of adults are obese, above the national rate of 32.1%. 8.2% have diabetes (below the 10.5% national rate). Heart disease affects 4.6% of residents, below the national average. 29.3% have high blood pressure. 11.3% are current smokers. 20.7% report binge drinking. 19.7% are physically inactive, below the national average. 23.9% report depression (above the 20.0% national average). 17.2% experience frequent mental distress. 11.7% of residents lack health insurance (above the 8.6% national rate). The primary care physician ratio is 1:1,027. The dentist ratio is 1:1,438. 93.0% of residents have access to exercise opportunities. The food environment index is 8.6 out of 10.
Health Metrics: New Hope vs U.S. Average (%)
Chronic Conditions
| Obesity | 34.3% |
| 7% above US avg |
| Diabetes | 8.2% |
| Heart Disease | 4.6% |
| High Blood Pressure | 29.3% |
| Asthma | 9.9% |
| COPD | 5.0% |
| Cancer | 7.2% |
| Stroke | 2.5% |
Behaviors & Mental Health
| Smoking | 11.3% |
| 19% below US avg |
| Binge Drinking | 20.7% |
| Physical Inactivity | 19.7% |
| Depression | 23.9% |
| Mental Distress | 17.2% |
| Physical Distress | 11.5% |
| Short Sleep | 34.4% |
Healthcare Access
| Insurance Rate | 86.7% |
| Uninsured | 11.7% |
| 36% above US avg |
| Primary Care | 1:1,027 |
| Dentists | 1:1,438 |
| Mental Health | 1:548 |
| Checkup Rate | 72.5% |
| Dental Visits | 65.8% |
| Premature Death | 4,576/100K |
Food & Exercise
| Food Environment | 8.6/10 |
| Exercise Access | 93.0% |
| Healthcare Facilities | 4,398 |
New Hope has a violent crime rate of 289 per 100,000 residents, 24% below the national average of 380. Property crime stands at 1,268 per 100,000, 35% below the U.S. average. The county recorded 72 fatal traffic crashes. The area has experienced 91 federally declared disasters. Overall, New Hope receives a safety grade of F.
Crime Rates: New Hope vs U.S. Average (per 100,000)
Violent Crime
| Total Violent | 288.7/100K |
| 24% below US avg |
| |
Property Crime
| Total Property | 1,267.6/100K |
| 35% below US avg |
Traffic Safety
| Fatal Crashes (County/yr) | 72 |
| Avg Accident Severity | 0.0 / 4.0 |
| FEMA Disasters | 91 |
Safety Score
| Safety Grade | F |
| Safety Score | 1.0 / 5.0 |
New Hope enjoys a temperate climate with an average annual temperature of 65°F (18°C). Winters average 45°F in January while summers reach 83°F in July. The area gets 323 sunny days per year, well above the U.S. average of 205 / making it one of the sunnier locations in the country. Air quality is rated Good with a median AQI of 42. The city sits at an elevation of 604 feet.
Temperature
45°F Jan (7°C)
83°F Jul (29°C)
| Annual Average | 64.9°F |
| 20% above US avg |
| January Average | 45°F (7°C) |
| July Average | 83°F (29°C) |
| Sunny Days | 323 days/yr |
Geography
| Elevation | 604 ft (184 m) |
| Area | 1.4 sq mi (3.7 km²) |
| Population Density | 493/sq mi |
| Coordinates | 33.2119°N, 96.5587°W |
| Timezone | America/Chicago |
| County | Collin County County |
| Nearest Airport | Dallas Love Field (DAL) 30 miles away |
Precipitation & Snow
Wettest Month (May)
5.79"
Air Quality
| AQI Median | 42.0 |
| Rating | Good |
Air Pollutants (EPA 2023)
Natural Hazard Risk
| Overall Risk | Relatively High |
| Risk Score | 98.9 / 100 |
| Social Vulnerability | 10.6 / 100 |
| Community Resilience | 58.4 / 100 |
Hazard Breakdown
| Tornado |
Very High |
| Hurricane |
Relatively Low |
| Earthquake |
Relatively Low |
| Wildfire |
Relatively Low |
| Flood |
Relatively High |
| Hail |
Very High |
| Strong Wind |
Relatively High |
| Heat Wave |
Relatively High |
| Winter Weather |
Relatively High |
| Lightning |
Relatively Moderate |
| Ice Storm |
Relatively High |
| Drought |
Relatively Low |
| Cold Wave |
Relatively High |
| Landslide |
Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
149 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M4.0. Most recent: M3.1 on Aug 29, 2024.
| May 7, 2015 |
5 km N of Venus, Texas |
M4.0 |
96 km |
| Dec 9, 2013 |
8 km S of Perrin, Texas |
M3.7 |
143 km |
| Nov 28, 2013 |
6 km SSW of Perrin, Texas |
M3.7 |
145 km |
| Nov 20, 2013 |
1 km NNW of Azle, Texas |
M3.6 |
98 km |
| Dec 8, 2013 |
0 km NNE of Sanctuary, Texas |
M3.6 |
101 km |
| Jan 7, 2015 |
6 km NE of Irving, Texas |
M3.6 |
51 km |
| Apr 28, 2013 |
4 km NNW of Oakland, Oklahoma |
M3.5 |
105 km |
| Mar 4, 2013 |
5 km S of Tishomingo, Oklahoma |
M3.5 |
110 km |
| Jun 24, 2012 |
3 km SSE of Briaroaks, Texas |
M3.5 |
107 km |
| Jun 8, 2004 |
6 km N of Lone Grove, Oklahoma |
M3.5 |
131 km |
| Jan 6, 2015 |
4 km ENE of Irving, Texas |
M3.5 |
53 km |
| Sep 30, 2012 |
4 km NW of Irving, Texas |
M3.4 |
57 km |
| May 31, 1997 |
3 km ESE of Neylandville, Texas |
M3.4 |
55 km |
| Nov 25, 2013 |
3 km WNW of Sanctuary, Texas |
M3.4 |
104 km |
| Oct 20, 2002 |
8 km WSW of Lane, Oklahoma |
M3.4 |
126 km |
| May 19, 2018 |
8 km NW of Venus, Texas |
M3.4 |
99 km |
| Sep 23, 2013 |
4 km WNW of Marietta, Oklahoma |
M3.4 |
99 km |
| May 16, 2009 |
5 km NNW of Grand Prairie, Texas |
M3.3 |
63 km |
| Apr 2, 2015 |
5 km NNE of Irving, Texas |
M3.3 |
53 km |
| Jun 15, 2012 |
5 km SSE of Briaroaks, Texas |
M3.3 |
107 km |
Source: USGS (M2.5+, 1990–2025)
Hurricane History
1 hurricane (Cat 1+) within 500 km since 1980.
Strongest: Category 1. Most recent: Ike (2008, Cat 1).
| Year |
Name |
Category |
Closest |
| 2008 |
Ike |
Category 1 |
273 km |
Source: NOAA IBTrACS (Cat 1+, 1980–2026)
Tornado History
799 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF4. Total: 64 fatalities, 1,784 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Apr 27, 2024 |
EF4 |
95 km |
1 |
| Nov 4, 2022 |
EF4 |
87 km |
0 |
| Dec 26, 2015 |
EF4 |
46 km |
10 |
| Apr 25, 1994 |
EF4 |
70 km |
3 |
| Apr 2, 1982 |
EF4 |
99 km |
10 |
| Apr 2, 1957 |
EF4 |
88 km |
2 |
| Apr 2, 1957 |
EF4 |
81 km |
3 |
| May 25, 2024 |
EF3 |
24 km |
0 |
| Oct 20, 2019 |
EF3 |
51 km |
0 |
| Apr 30, 2019 |
EF3 |
91 km |
2 |
| May 9, 2016 |
EF3 |
99 km |
0 |
| Dec 26, 2015 |
EF3 |
90 km |
0 |
| May 25, 2015 |
EF3 |
90 km |
1 |
| Apr 3, 2012 |
EF3 |
52 km |
0 |
| May 9, 2006 |
EF3 |
18 km |
3 |
| Apr 16, 2002 |
EF3 |
90 km |
0 |
| Mar 28, 2000 |
EF3 |
90 km |
2 |
| Mar 28, 2000 |
EF3 |
75 km |
0 |
| May 7, 1995 |
EF3 |
97 km |
2 |
| Dec 13, 1984 |
EF3 |
55 km |
0 |
Source: NOAA SPC (EF0+, 1950–2024)
Wildfire History
7 wildfires (100+ acres) within 100 km.
Largest: CALLISBURG (5,797 ac, 2005).
| Year |
Name |
Acres |
Distance |
| 2005 |
CALLISBURG |
5,797 |
77 km |
| 2005 |
ACHILLE |
4,958 |
74 km |
| 2013 |
ROCKY POINT |
3,165 |
87 km |
| 2022 |
UNNAMED |
2,362 |
96 km |
| 2006 |
UNNAMED |
1,634 |
74 km |
| 2005 |
UNNAMED |
1,227 |
98 km |
| 2006 |
COOPER LAKE |
1,224 |
72 km |
Source: NIFC/IRWIN (100+ acres)
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
45°F (7°C) |
2.0 in |
Coldest, Driest |
| February |
48°F (9°C) |
2.8 in |
|
| March |
56°F (13°C) |
3.4 in |
|
| April |
64°F (18°C) |
3.8 in |
|
| May |
71°F (22°C) |
5.8 in |
Wettest |
| June |
79°F (26°C) |
4.0 in |
|
| July |
83°F (29°C) |
2.5 in |
Warmest |
| August |
83°F (28°C) |
2.2 in |
|
| September |
76°F (25°C) |
4.4 in |
|
| October |
66°F (19°C) |
3.9 in |
|
| November |
54°F (12°C) |
3.0 in |
|
| December |
46°F (8°C) |
2.4 in |
|
New Hope has a seasonal temperature swing of 38°F / from 45°F in January to 83°F in July. Total annual precipitation is 40.1 inches, with May being the wettest month (5.8") and January the driest (2.0").
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) |
$243 ($146–$388) |
| Specialist Visit |
$340 ($194–$534) |
| Urgent Care Visit |
$194 ($97–$340) |
| Emergency Room Visit |
$2,136 ($777–$4,855) |
| Dental Cleaning |
$126 ($73–$194) |
| Dental Filling |
$243 ($146–$388) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$44 ($24–$73) |
| Oil Change (Synthetic) |
$73 ($49–$117) |
| Brake Pad Replacement |
$291 ($146–$486) |
| Tire Rotation |
$39 ($19–$73) |
| New Tires (Set of 4) |
$583 ($388–$971) |
| Battery Replacement |
$194 ($97–$340) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$97 ($58–$146) |
| Electrician (Per Hour) |
$87 ($49–$136) |
| HVAC Repair |
$388 ($146–$777) |
| HVAC System Install |
$6,797 ($3,884–$11,652) |
| Roof Repair |
$971 ($388–$1,942) |
| Roof Replacement |
$8,739 ($5,341–$14,565) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,457 ($486–$3,399) |
| Divorce (Contested) |
$14,565 ($4,855–$29,130) |
| DUI Defense |
$4,855 ($1,942–$9,710) |
| Bankruptcy (Chapter 7) |
$1,457 ($777–$2,913) |
| Will Preparation |
$486 ($194–$971) |
| Trust Preparation |
$2,428 ($971–$4,855) |
View all 12 services
Personal Care
| Men's Haircut |
$24 ($15–$44) |
| Women's Haircut |
$53 ($29–$97) |
| Hair Coloring (Full) |
$146 ($73–$243) |
| Manicure |
$24 ($15–$44) |
| Pedicure |
$39 ($24–$63) |
| Massage (1 Hour) |
$78 ($49–$126) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$3.98 ($2.91–$5.34) |
| Dozen Eggs (per dozen) |
$3.40 ($2.43–$4.86) |
| Loaf of Bread |
$3.69 ($2.43–$5.34) |
| Chicken Breast (per lb) |
$4.37 ($2.91–$6.31) |
| Ground Beef (per lb) |
$5.34 ($3.88–$7.28) |
| Rice (per lb) |
$0.97 ($0.58–$1.75) |
View all 20 services
Utilities
| Electricity (Monthly) |
$136 ($78–$243) |
| Natural Gas (Monthly) |
$68 ($29–$146) |
| Water/Sewer (Monthly) |
$68 ($39–$117) |
| Internet (Monthly) |
$68 ($39–$97) |
| Cell Phone Plan (Monthly) |
$63 ($29–$97) |
| Cable TV (Monthly) |
$83 ($49–$146) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$194 ($73–$486) |
| Car Insurance (Annual) |
$1,942 ($1,165–$3,399) |
| Bus Pass (Monthly) |
$68 ($29–$126) |
| Taxi/Uber (5-Mile Ride) |
$15 ($7.77–$24) |
| Car Registration (Annual) |
$97 ($29–$243) |
| Driver's License Renewal |
$29 ($15–$73) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,165 ($583–$2,428) |
| Daycare (Toddler, Monthly) |
$971 ($486–$1,942) |
| After-School Care (Monthly) |
$388 ($194–$680) |
| Tutoring (Per Hour) |
$49 ($24–$97) |
| SAT/ACT Prep Course |
$971 ($388–$2,428) |
| Private School (K-12, Annual) |
$12,138 ($4,855–$29,130) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$58 ($29–$97) |
| Dog Vaccination (Annual) |
$97 ($49–$194) |
| Dog Grooming |
$58 ($29–$97) |
| Pet Boarding (Per Night) |
$39 ($19–$73) |
| Dog Spay/Neuter |
$291 ($146–$486) |
| Cat Spay/Neuter |
$194 ($97–$388) |
View all 9 services
Childcare
| Center-Based (monthly) |
| Infant | $827 |
| Toddler | $762 |
| Preschool | $736 |
| Family Childcare (monthly) |
| Infant | $723 |
| Toddler | $684 |
| Preschool | $675 |
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 705 residents and is located in Texas. The population density is 493 people per square mile, spread across 1.4 square miles. The median age of residents is 53.4 years, which is older than the national median of 38.9 years. The population is 51.9% female and 48.1% male.
Is New Hope expensive to live in?
New Hope has a cost of living roughly in line with the national average, with an index of 97.1 (baseline: 100). The median household income is $65,625, 13% below the national average of $75,149. The median home value is $405,600 (44% above the U.S. median). Renters pay a median of $1,841 per month, above the national average of $1,163. The home price-to-income ratio is 6.2x, which means housing is a stretch relative to local earnings.
Is New Hope safe?
New Hope is safer than the national average, with a violent crime rate of 289 per 100,000 compared to the U.S. rate of 380. Property crime occurs at a rate of 1,268 per 100,000 (below the national average). Overall, New Hope receives a safety grade of F based on combined crime data.
What is the weather like in New Hope?
New Hope enjoys a temperate climate with an average annual temperature of 65°F (18°C). Winter temperatures average 45°F in January, while summers reach an average of 83°F in July. The area receives 323 sunny days per year, well above the national average of 205. Air quality is rated Good with a median Air Quality Index (AQI) of 42.
How is the job market in New Hope?
The job market in New Hope is very strong, with unemployment at just 1.3% / well below the national rate of 3.6%. The average weekly wage is $1,694. There are 34,830 business establishments in the area, including 2,668 restaurants and food service locations. The average commute time is 29 minutes, and 8.8% of workers work from home.
How much does housing cost in New Hope?
The median home value in New Hope is $405,600. Zillow estimates the typical home value at $426,478. For renters, the median monthly rent is $1,841. Fair market rent is $935 for a 1-bedroom and $1,149 for a 2-bedroom apartment. The homeownership rate is 75.2%. The average annual property tax is $10,750.
How are the schools in New Hope?
Schools in New Hope score 6.9 out of 10 on standardized testing, near the national average. 31.7% of adults in New Hope hold a bachelor's degree or higher, below the national average of 33.7%. 98.6% have completed high school. 5.5% hold a graduate or professional degree.
How healthy is New Hope?
The obesity rate in New Hope is 34.3% (above the national rate of 32.1%). 11.3% of adults are smokers. 19.7% are physically inactive. 23.9% of residents report depression. 11.7% lack health insurance (above the national rate). 93.0% of residents have access to exercise opportunities. The primary care physician ratio is 1:1,027.
What is transportation like in New Hope?
The average commute in New Hope is 29 minutes. 85.3% of workers drive alone to work, and 8.8% work from home.
What are the demographics of New Hope?
The racial and ethnic makeup of New Hope is 78.6% White, 1.8% Hispanic or Latino. 82.9% of residents speak only English at home, while 17.1% speak Spanish. 8.6% of the population are military veterans. 7.8% of residents have a disability. 86.7% have health insurance coverage.