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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.

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 2,632 people and four constituent neighborhoods, New Hope is the 554th 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.

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.

Telecommuters are a relatively large percentage of the workforce: 28.93% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

In addition, New Hope is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

One downside of living in New Hope, however, is that residents on average have to contend with a long commute, spending on average 33.53 minutes every day commuting to work.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Hope. 68.32% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in New Hope in 2018 was $107,366, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $429,464 for a family of four.

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 German, Irish, English, Italian, and Polish.

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