Pennsylvania · Census place 53712
New Hope borough, PA
Quick answer
New Hope borough has 2,623 residents, ranking #537 of 2002 places in Pennsylvania. Median household income is $158,929, the median home is worth $633,800 and median gross rent runs $1,957 a month.
- Population
- 2,623New Hope borough residents
- Median household income
- $158,929Past 12 months, inflation adjusted
- Median home value
- $633,800Owner-occupied units
- Median gross rent
- $1,957Rent plus utilities, monthly
- Median age
- 58.1 yrsAll residents
- Homeownership rate
- 63%Owner-occupied households
What the numbers mean in New Hope borough
Housing cost measured against local earnings.
A household earning the New Hope borough median would spend about 14.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.8% of residents and 63% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Pennsylvania.
- Dillsburg borough 2,638
- West Newton borough 2,630
- Belmont CDP 2,624
- Reynoldsville borough 2,622
- Leith-Hatfield CDP 2,621
- McAdoo borough 2,617
- Derry borough 2,616
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