New Hope, PA


Most expensive New Hope neighborhoods

New Hope profile

Living in New Hope

New Hope is a very small borough located in the state of Pennsylvania. With a population of 2,510 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 92.41% 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 (17.62%), management occupations (15.81%), and business and financial occupations (9.47%).

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.

A relatively large number of people in New Hope telecommute to their jobs. Overall, about 7.26% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.

One downside of living in New Hope, however, is that residents on average have to contend with a long commute, spending on average 32.18 minutes every day commuting to work.

Do you like to read, write and learn? If you move to New Hope, you'll likely find that many of your neighbors like to as well. New Hope is one of the more educated communities in America, with a full 63.22% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in New Hope in 2010 was $64,119, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $256,476 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, Irish, English, and Polish.

The most common language spoken in New Hope is English. Other important languages spoken here include French and Serbo-Croatian.