New Hope, PA
REAL ESTATE & DEMOGRAPHIC DATA






New Hope profile


Living in New Hope


New Hope is a very small borough located in the state of Pennsylvania. With a population of 2,530 people and four constituent neighborhoods, New Hope is the 525th largest community in Pennsylvania.

New Hope home prices are not only among the most expensive in Pennsylvania, but New Hope real estate also consistently ranks among the most expensive in America.

New Hope is a decidedly white-collar borough, with fully 88.69% of the workforce employed in white-collar jobs, well above the national average. Overall, New Hope is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in New Hope who work in sales jobs (14.46%), business and financial occupations (13.85%), and management occupations (10.85%).

And if you like science, one thing you'll find is that New Hope has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.

Of important note, New Hope is also a borough of artists. New Hope has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New Hope’s character.

Also of interest is that New Hope has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in New Hope telecommute to their jobs. Overall, about 13.00% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One downside of living in New Hope is that it can take a long time to commute to work. In New Hope, the average commute to work is 34.60 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.

Even though New Hope is a smaller borough, it has many people who hop on public transportation – mostly the subway for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.

Do you like to read, write and learn? If you move to New Hope, you'll likely find that many of your neighbors like to as well. New Hope is one of the more educated communities in America, with a full 60.22% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in New Hope in 2018 was $73,509, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $294,036 for a family of four. However, New Hope contains both very wealthy and poor people as well.

The people who call New Hope home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Hope residents report their race to be White, followed by Asian. Important ancestries of people in New Hope include Irish, German, Italian, English, and Polish.

The most common language spoken in New Hope is English. Other important languages spoken here include Italian and Spanish.