New Hope

Population: 928
Median household income: $62,396
Median home value: $148,800

New Hope, a community in Marion County, Tennessee, has 928 residents. The median household income of $62,396 is above the Marion County median ($58,103).

From 2019 to 2023, New Hope's population grew 10.5% from 840 to 928, while its median home value rose 23.5% from $120,500 to $148,800.

69.8% of homes are single-family detached houses. The typical home was built around 1985.

Demographics

ACS 2019–2023

Population: 928
Median age: 38.9 yrs
Median household income: $62,396
Median home value: $148,800
Median gross rent: —
Housing units: 388
Homeownership rate: 88.5%
Bachelor's degree or higher: 6.1%
Unemployment rate: 10.3%

Trends

ACS 5-year · 2019–2023

Population

840928

Median household income

$53,603$62,396

Median home value

$120,500$148,800

Median gross rent

$750$950

Year	Population	Median household income	Median home value	Median gross rent
2019	840	$53,603	$120,500	$750
2020	945	$51,500	$105,700	$705
2021	812	$46,607	$118,500	—
2022	839	$47,250	$134,700	$950
2023	928	$62,396	$148,800	—

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

Age distribution

Under 58.0%

5 to 1711.6%

18 to 2410.0%

25 to 3412.7%

35 to 4412.7%

45 to 5411.3%

55 to 6414.2%

65 to 7413.1%

75 and over6.3%

	Count	Share
Under 5	74	8.0%
5 to 17	108	11.6%
18 to 24	93	10.0%
25 to 34	118	12.7%
35 to 44	118	12.7%
45 to 54	105	11.3%
55 to 64	132	14.2%
65 to 74	122	13.1%
75 and over	58	6.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	897	96.7%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	31	3.3%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma15.5%

High school graduate28.8%

Some college or associate's49.6%

Bachelor's degree4.6%

Graduate or professional degree1.5%

	Count	Share
No high school diploma	101	15.5%
High school graduate	188	28.8%
Some college or associate's	324	49.6%
Bachelor's degree	30	4.6%
Graduate or professional degree	10	1.5%

Commute to work

Mean travel time to work: 22 min

Drove alone83.3%

Carpooled4.9%

Public transit0.0%

Walked1.9%

Bicycle0.0%

Worked from home8.0%

Other means1.9%

How workers get to work

	Count	Share
Drove alone	343	83.3%
Carpooled	20	4.9%
Public transit	0	0.0%
Walked	8	1.9%
Bicycle	0	0.0%
Worked from home	33	8.0%
Other means	8	1.9%

Travel time

	Count	Share
Under 15 min	162	42.7%
15 to 29 min	78	20.6%
30 to 44 min	87	23.0%
45 to 59 min	42	11.1%
60+ min	10	2.6%

Households

Average household size: 2.61
Poverty rate: 23.5% (218 of 928)

	Count	Share
Family households	254	71.5%
Nonfamily households	101	28.5%

Housing

Median year structure built: 1985

Occupancy

	Count	Share
Occupied	355	91.5%
Vacant	33	8.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	314	88.5%
Renter-occupied	41	11.5%

1-unit, detached69.8%

1-unit, attached0.0%

2 to 4 units1.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other29.1%

Units in structure

	Count	Share
1-unit, detached	271	69.8%
1-unit, attached	0	0.0%
2 to 4 units	4	1.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	113	29.1%

Geography

Place GEOID: 4752780
Type (LSAD): 25
Land area: 10 sq mi
Water area: 0.04 sq mi
Center point: 34.9994, -85.6684