New Hope

Population: 1,200
Median household income: $55,324
Median home value: $156,500

Located in Wayne County, North Carolina, New Hope is a community with a population of 1,200. At $55,324, its median household income sits below Wayne County's $58,082.

From 2020 to 2023, New Hope's population declined 9.6% from 1,328 to 1,200, while its median home value rose 20.8% from $129,500 to $156,500.

Black or African American residents are the largest group, 58.4% of the population. 71.6% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 1,200
Median age: 46.6 yrs
Median household income: $55,324
Median home value: $156,500
Median gross rent: —
Housing units: 603
Homeownership rate: 70.3%
Bachelor's degree or higher: 40.6%
Unemployment rate: 14.9%

Trends

ACS 5-year · 2019–2023

Population

1,3281,200

Median household income

$63,449$55,324

Median home value

$129,500$156,500

Year	Population	Median household income	Median home value	Median gross rent
2020	1,328	$63,449	$129,500	$935
2021	887	$69,464	$119,300	—
2022	924	—	$140,300	—
2023	1,200	$55,324	$156,500	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 59.3%

5 to 1712.1%

18 to 246.3%

25 to 3413.0%

35 to 445.6%

45 to 5413.0%

55 to 6419.6%

65 to 7412.1%

75 and over9.0%

	Count	Share
Under 5	112	9.3%
5 to 17	145	12.1%
18 to 24	76	6.3%
25 to 34	156	13.0%
35 to 44	67	5.6%
45 to 54	156	13.0%
55 to 64	235	19.6%
65 to 74	145	12.1%
75 and over	108	9.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	430	35.8%
Black or African American	701	58.4%
American Indian & Alaska Native	12	1.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	10	0.8%
Hispanic or Latino (any race)	47	3.9%

Educational attainment (age 25+)

No high school diploma10.3%

High school graduate22.3%

Some college or associate's26.9%

Bachelor's degree29.9%

Graduate or professional degree10.7%

	Count	Share
No high school diploma	89	10.3%
High school graduate	193	22.3%
Some college or associate's	233	26.9%
Bachelor's degree	259	29.9%
Graduate or professional degree	93	10.7%

Commute to work

Mean travel time to work: 18 min

Drove alone71.6%

Carpooled25.0%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home3.4%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	400	71.6%
Carpooled	140	25.0%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	19	3.4%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	275	50.9%
15 to 29 min	132	24.4%
30 to 44 min	92	17.0%
45 to 59 min	30	5.6%
60+ min	11	2.0%

Households

Average household size: 2.42
Poverty rate: 0.0% (0 of 1,200)

	Count	Share
Family households	391	79.0%
Nonfamily households	104	21.0%

Housing

Median year structure built: 1981

Occupancy

	Count	Share
Occupied	495	82.1%
Vacant	108	17.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	348	70.3%
Renter-occupied	147	29.7%

1-unit, detached94.7%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units5.3%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	571	94.7%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	32	5.3%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3746650
Type (LSAD): 57
Land area: 2.53 sq mi
Water area: 0.05 sq mi
Center point: 35.3782, -77.8922