New Hope, AL population, income and ZIP codes

New Hope city is a small town in Alabama, with 2,895 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #175 of 593 ranked by population — larger than 70% of them. The median age here is 34.2 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in New Hope city earn a median of $80,787 a year, 2.9% above the national figure of $78,538 and 45% above the $55,687 median for the 322 Alabama cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 6.4% of residents here, below the 12.4% national rate.

The typical owner-occupied home in New Hope city is valued at $158,200, 47.9% below the national figure and within a couple of points of the $158,200 peer median, while median gross rent runs $692 a month, 50.8% below the national figure, or roughly $8,304 across a full year. A household on the local median income would put about 10.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 79.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.