New Hope, PA
REAL ESTATE & DEMOGRAPHIC DATA



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New Hope profile


Living in New Hope


New Hope is a very small borough located in the state of Pennsylvania. With a population of 2,527 people and four constituent neighborhoods, New Hope is the 525th 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.

New Hope is a decidedly white-collar borough, with fully 87.21% of the workforce employed in white-collar jobs, well above the national average. Overall, New Hope is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in New Hope who work in sales jobs (14.78%), business and financial occupations (11.10%), and management occupations (9.56%).

Of important note, New Hope is also a borough of artists. New Hope has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New Hope’s character.

And if you like science, one thing you'll find is that New Hope has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.

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: 8.46% 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 New Hope, however, the average commute to work is quite long. On average, people spend 33.68 minutes each day getting to work, which is significantly higher than the national average.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Hope. 63.18% 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 2010 was $69,289, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $277,156 for a family of four. However, New Hope contains both very wealthy and poor people as well.

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 Irish, German, Italian, English, and Polish.

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