New Hope

Population: 917
Median household income: $87,083
Median home value: $314,400

New Hope is a community in Augusta County, Virginia, home to 917 residents. The median household income of $87,083 is above the Augusta County median ($79,972).

From 2019 to 2023, New Hope's population grew 41.5% from 648 to 917, while its median home value rose 52.0% from $206,800 to $314,400.

White (non-Hispanic) residents are the largest group, 97.2% of the population. 86.5% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 917
Median age: 51.9 yrs
Median household income: $87,083
Median home value: $314,400
Median gross rent: —
Housing units: 396
Homeownership rate: 92.9%
Bachelor's degree or higher: 24.1%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

648917

Median household income

$56,442$87,083

Median home value

$206,800$314,400

Year	Population	Median household income	Median home value
2019	648	$56,442	$206,800
2020	447	$67,651	$215,800
2021	707	$73,152	$218,700
2022	927	$81,164	$292,900
2023	917	$87,083	$314,400

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

Age distribution

Under 50.0%

5 to 179.2%

18 to 249.5%

25 to 346.9%

35 to 448.0%

45 to 5417.8%

55 to 6429.4%

65 to 7413.8%

75 and over5.5%

	Count	Share
Under 5	0	0.0%
5 to 17	84	9.2%
18 to 24	87	9.5%
25 to 34	63	6.9%
35 to 44	73	8.0%
45 to 54	163	17.8%
55 to 64	270	29.4%
65 to 74	127	13.8%
75 and over	50	5.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	891	97.2%
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	13	1.4%
Hispanic or Latino (any race)	13	1.4%

Educational attainment (age 25+)

No high school diploma9.5%

High school graduate53.9%

Some college or associate's12.5%

Bachelor's degree16.8%

Graduate or professional degree7.4%

	Count	Share
No high school diploma	71	9.5%
High school graduate	402	53.9%
Some college or associate's	93	12.5%
Bachelor's degree	125	16.8%
Graduate or professional degree	55	7.4%

Commute to work

Mean travel time to work: 19 min

Drove alone86.5%

Carpooled5.6%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home7.9%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	481	86.5%
Carpooled	31	5.6%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	44	7.9%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	95	18.6%
15 to 29 min	320	62.5%
30 to 44 min	97	18.9%
45 to 59 min	0	0.0%
60+ min	0	0.0%

Households

Average household size: 2.32
Poverty rate: 0.0% (0 of 917)

	Count	Share
Family households	288	72.7%
Nonfamily households	108	27.3%

Housing

Median year structure built: 1969

Occupancy

	Count	Share
Occupied	396	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	368	92.9%
Renter-occupied	28	7.1%

1-unit, detached96.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other4.0%

Units in structure

	Count	Share
1-unit, detached	380	96.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	16	4.0%

Geography

Place GEOID: 5155720
Type (LSAD): 57
Land area: 5.79 sq mi
Water area: 0.01 sq mi
Center point: 38.1925, -78.8947