New Hope, TX
Full City Profile · Texas · Collin County County
3.6
/5.0
B+
Good
705
Population
493/sq mi density
$65,625
Median Income
$42,345 per capita
$405,600
Home Value
$440,561 Zillow
$1,841
Median Rent
45.0% income on rent
65°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,625 median income, 2.3% unemployment
B
Affordability
3.2 / 5.0
$405,600 home value, $1,841/mo rent
B+
Education
3.5 / 5.0
31.7% bachelor's degree or higher
Population Overview
Total Population
705
Census 2023
Population Density
493
per square mile
Land Area
1.4
square miles (3.7 km²)
Median Age
53.4 yrs
37% above US avg (38.9 yrs)
Gender Distribution
48.1%
Male
51.9%
Female
Race & Ethnicity
| White | 78.6% US: 61.6% |
| Black | 0% US: 12.4% |
| Hispanic | 6.2% US: 18.7% |
| Asian | 3.5% US: 5.9% |
| Other | 11.7% |
City vs. U.S. Average
White
78.6%
Black
0%
Hispanic
6.2%
Asian
3.5%
Thin line = U.S. average
Language Spoken at Home
| English Only | 93.2% US: 78.5% |
| Spanish | 17.1% US: 13.4% |
City vs. U.S. Average
English Only
93.2%
Spanish
17.1%
Thin line = U.S. average
Social Characteristics
Foreign Born
5.0%
Veterans
8.6%
43% above US avg (6%)
Disability
9.8%
25% below US avg (13%)
Health Insurance Coverage
95.6%
5% above US avg (91.4%)
Uninsured
4.4%
49% below US avg (8.6%)
Income Inequality (Gini)
0.433
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 705 |
| Population Year | 2023 |
| Population Density | 493 / sq mi |
| Land Area | 1.4 sq mi |
| Median Age | 53.4 years |
Gender
| Male | 48.1% |
| Female | 51.9% |
Race & Ethnicity
| White | 78.6% |
| Black or African American | 0.0% |
| Hispanic or Latino | 6.2% |
| Asian | 3.5% |
Language
| English Only | 93.2% |
| Spanish | 17.1% |
Social Indicators
| Foreign Born | 5.0% |
| Veterans | 8.6% |
| Disability | 9.8% |
| Health Insurance | 95.6% |
| Uninsured | 4.4% |
| Broadband Access | 73.2% |
| Gini Coefficient | 0.433 |
Classification
| USDA Rural-Urban Code | 1, Metro / 1 million+ |