Is New Hope, NC a Good Place to Live?
New Hope is a small town of 924 in North Carolina, with a median household income of N/A and a 2.2% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.
Strengths: New Hope stands out for an affordable cost of living, below-average home prices, a well-educated population, short average commutes.
Trade-offs: No major red flags stand out in the available data. Whether New Hope is right for you depends on your priorities — the full breakdown is below.
All New Hope city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 89.7New Hope's overall cost of living index is 89.7, where 100 represents the US national average. Living in New Hope costs roughly 10% less than the average American city.
| Metric | New Hope, NC | National Avg |
|---|---|---|
| Median Home Value | $140,300 | $244,900 |
| Median Monthly Rent | N/A | $1,163 |
| Homeownership Rate | 60.6% | 65.9% |
| Median Household Income | N/A | $74,755 |
Crime & Safety
Near National AverageNew Hope's violent crime rate is 466.2 per 100,000 residents — 23% higher than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | New Hope, NC | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 38.1% | 35.4% |
| High School Diploma or Higher | 84.0% | 91.1% |
Weather & Climate
New Hope sees average highs of 54.2°F in January and 91.0°F in July, with 53.1 inches of annual precipitation and 2.0 inches of snow per year.
| Metric | New Hope, NC |
|---|---|
| Average High — January | 54.2°F |
| Average High — July | 91.0°F |
| Annual Precipitation | 53.1" |
| Annual Snowfall | 2.0" |
Demographics
| Metric | New Hope, NC | National Avg |
|---|---|---|
| Population | 924 | — |
| Median Age | 42.6 | 38.9 |
| Unemployment Rate | 2.2% | 3.7% |
| Avg Commute Time | 17.3 min | 26 min |
| White (non-Hispanic) | 38.5% | 59.3% |
| Black or African American | 51.0% | 13.6% |
| Hispanic or Latino | 7.4% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 23.5% | 22.2% |
| 65 and over | 19.7% | 16.8% |