New Hope

Population: 2,623
Median household income: $158,929
Median home value: $633,800

New Hope is a community in Bucks County, Pennsylvania, home to 2,623 residents. The median household income of $158,929 is above the Bucks County median ($111,951).

Between 2019 and 2023, New Hope's population grew 4.4% from 2,513 to 2,623, while its median home value rose 7.5% from $589,700 to $633,800.

39.7% of homes are single-family detached houses. The typical home was built around 1975.

Demographics

ACS 2019–2023

Population: 2,623
Median age: 58.1 yrs
Median household income: $158,929
Median home value: $633,800
Median gross rent: $1,957
Housing units: 1,477
Homeownership rate: 63.0%
Bachelor's degree or higher: 74.9%
Unemployment rate: 5.6%

Trends

ACS 5-year · 2019–2023

Population

2,5132,623

Median household income

$89,861$158,929

Median home value

$589,700$633,800

Median gross rent

$1,330$1,957

Year	Population	Median household income	Median home value	Median gross rent
2019	2,513	$89,861	$589,700	$1,330
2020	2,518	$107,000	$493,600	$1,324
2021	2,606	$134,583	$559,500	$1,575
2022	2,624	$117,143	$596,300	$1,698
2023	2,623	$158,929	$633,800	$1,957

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

Age distribution

Under 53.9%

5 to 178.2%

18 to 244.2%

25 to 343.8%

35 to 448.8%

45 to 5413.7%

55 to 6432.4%

65 to 7412.8%

75 and over12.1%

	Count	Share
Under 5	102	3.9%
5 to 17	215	8.2%
18 to 24	111	4.2%
25 to 34	100	3.8%
35 to 44	232	8.8%
45 to 54	360	13.7%
55 to 64	849	32.4%
65 to 74	336	12.8%
75 and over	318	12.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,242	85.5%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	59	2.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	200	7.6%
Hispanic or Latino (any race)	122	4.7%

Educational attainment (age 25+)

No high school diploma4.2%

High school graduate7.7%

Some college or associate's13.2%

Bachelor's degree34.6%

Graduate or professional degree40.3%

	Count	Share
No high school diploma	92	4.2%
High school graduate	170	7.7%
Some college or associate's	289	13.2%
Bachelor's degree	760	34.6%
Graduate or professional degree	884	40.3%

Commute to work

Mean travel time to work: 33 min

Drove alone55.0%

Carpooled1.8%

Public transit1.4%

Walked4.4%

Bicycle0.0%

Worked from home33.2%

Other means4.2%

How workers get to work

	Count	Share
Drove alone	780	55.0%
Carpooled	26	1.8%
Public transit	20	1.4%
Walked	62	4.4%
Bicycle	0	0.0%
Worked from home	470	33.2%
Other means	59	4.2%

Travel time

	Count	Share
Under 15 min	229	24.2%
15 to 29 min	234	24.7%
30 to 44 min	204	21.5%
45 to 59 min	126	13.3%
60+ min	154	16.3%

Households

Average household size: 1.92
Poverty rate: 3.8% (100 of 2,623)

	Count	Share
Family households	619	45.3%
Nonfamily households	747	54.7%

Housing

Median year structure built: 1975

Occupancy

	Count	Share
Occupied	1,366	92.5%
Vacant	111	7.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	861	63.0%
Renter-occupied	505	37.0%

1-unit, detached39.7%

1-unit, attached32.2%

2 to 4 units11.2%

5 to 19 units8.7%

20 or more units8.2%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	587	39.7%
1-unit, attached	475	32.2%
2 to 4 units	166	11.2%
5 to 19 units	128	8.7%
20 or more units	121	8.2%
Mobile home & other	0	0.0%

Geography

Place GEOID: 4253712
Type (LSAD): 21
Land area: 1.27 sq mi
Water area: 0.15 sq mi
Center point: 40.3614, -74.9568