New Hope is a very small borough located in the state of Pennsylvania. With a population of 2,497 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 89.06% 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 (15.10%), management occupations (13.58%), and art, media, and design (8.31%).
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.
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.
One downside of living in New Hope, however, is that residents on average have to contend with a long commute, spending on average 30.94 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Even though New Hope is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, New Hope is a pretty powerful place. 61.75% of the adults in New Hope have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in New Hope in 2010 was $64,980, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $259,920 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 Italian, German, English, and Polish.
The most common language spoken in New Hope is English. Other important languages spoken here include Slavic languages and French.