HomeTennesseeMarion CountyNew Hope city
New Hope city, Tennessee: commercial real estate data.
New Hope city is a Census city of 862 people across 10.34 square miles of land, in Marion County. Median household income is $77,727, 89.7 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
New Hope
What New Hope is
- Census place typecity
- Land area10.34 sq mi
- Water area0.04 sq mi
- Population per square mile of land83 plus or minus 23
- County holding the largest share of its areaMarion County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Hope
How many people live in New Hope
- Population862 plus or minus 241
- Median age38.9 plus or minus 11.6
- Population under 18147 plus or minus 64
- Share under 1817.1 percent plus or minus 5.7
- Population 65 and over163 plus or minus 46
- Share 65 and over18.9 percent
- Households350 plus or minus 97
- Family households251 plus or minus 70
- Share of households that are families71.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Hope
Income and work in New Hope
- Median household income$77,727 plus or minus $25,757
- Per capita income$28,994
- Civilian labor force459 plus or minus 144
- Employed401 plus or minus 124
- Unemployed58 plus or minus 50
- Unemployment rate12.6 percent plus or minus 10.1
- Adults 25 and over619 plus or minus 168
- Adults 25 and over with a high school diploma or higher83.8 percent plus or minus 31.7
- Adults 25 and over with a bachelor degree or higher7.9 percent plus or minus 3.3
- Adults 25 and over with a graduate degree3.4 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Hope
Housing in New Hope
- Housing units369 plus or minus 100
- Occupied units350 plus or minus 97
- Vacant units19 plus or minus 23
- Vacancy rate5.1 percent plus or minus 6.1
- Owner occupied314 plus or minus 99
- Renter occupied36 plus or minus 28
- Ownership rate89.7 percent
- Median owner-occupied home value$179,600 plus or minus $49,252
- Median gross rent, monthly$775 plus or minus $172
- Annual rent as a share of median income12.0 percent plus or minus 4.8
- Single family units273 plus or minus 90
- Share single family74.0 percent
- Units in buildings of two or more5 plus or minus 16
- Share in buildings of two or more1.4 percent plus or minus 4.2
- Mobile homes86 plus or minus 51
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Hope
How New Hope gets to work
- Workers 16 and over who commute343 plus or minus 119
- Commuting under 15 minutes156 plus or minus 80
- Share commuting under 15 minutes45.5 percent plus or minus 17.0
- Commuting 30 minutes or more128 plus or minus 68
- Share commuting 30 minutes or more37.3 percent plus or minus 14.9
- Drove alone84.6 percent
- Carpooled3.7 percent plus or minus 3.2
- Public transport0.0 percent
- Walked1.6 percent plus or minus 2.3
- Worked from home10.2 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Marion County, not New Hope
Marion County context, not New Hope figures
These are Marion County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Hope measurements.
- Establishments in Marion County482
- Employment at those establishments, Marion County6,649
- Covered employment, Marion County8,355
- Average annual pay, Marion County$50,930
- Average weekly wage, Marion County$979
- Housing units permitted, Marion County226
- Of those, single family, Marion County226
- County product, 2024, Marion County$1,191,804,000
- County product change over the prior year, Marion County5.9 percent
- Average income of an arriving household, Marion County$81,882
Every figure in this section is published for Marion County as a whole and is not a measurement of New Hope. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
New Hope questions, answered from the record.
How many people live in New Hope, Tennessee?
862, in 350 households. New Hope city covers 10.34 square miles of land, which is 83 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Hope in?
Marion County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New Hope?
$77,727. The median owner-occupied home is valued at $179,600. Median gross rent is $775 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page New Hope figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Marion County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Hope.
Is zoning published for New Hope?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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