HomeTexasCollin CountyNew Hope
New Hope, Texas: commercial real estate data.
New Hope is a Census town of 680 people across 1.43 square miles of land, in Collin County. Median household income is $64,306, 70.0 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New Hope
What New Hope is
- Census place typetown
- Land area1.43 sq mi
- Water area0.01 sq mi
- Population per square mile of land474 plus or minus 144
- County holding the largest share of its areaCollin 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
- Population680 plus or minus 206
- Median age53.6 plus or minus 12.2
- Population under 18106 plus or minus 40
- Share under 1815.6 percent plus or minus 3.6
- Population 65 and over206 plus or minus 117
- Share 65 and over30.3 percent plus or minus 14.6
- Households283 plus or minus 120
- Family households168 plus or minus 40
- Share of households that are families59.4 percent plus or minus 28.9
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$64,306 plus or minus $45,691
- Per capita income$42,865
- Civilian labor force304 plus or minus 118
- Employed298 plus or minus 117
- Unemployed6 plus or minus 6
- Unemployment rate2.0 percent plus or minus 1.8
- Adults 25 and over509 plus or minus 152
- Adults 25 and over with a high school diploma or higher97.2 percent plus or minus 40.7
- Adults 25 and over with a bachelor degree or higher32.0 percent
- Adults 25 and over with a graduate degree8.8 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Hope
Housing in New Hope
- Housing units285 plus or minus 120
- Occupied units283 plus or minus 120
- Vacant units2 plus or minus 3
- Vacancy rate0.7 percent plus or minus 1.0
- Owner occupied198 plus or minus 41
- Renter occupied85 plus or minus 110
- Ownership rate70.0 percent plus or minus 33.0
- Median owner-occupied home value$422,800
- Median gross rent, monthly$1,827
- Annual rent as a share of median income34.1 percent plus or minus 24.7
- Single family units212 plus or minus 47
- Share single family74.4 percent plus or minus 35.5
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes73 plus or minus 110
- Median year structure built1985
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 commute254 plus or minus 112
- Commuting under 15 minutes29 plus or minus 15
- Share commuting under 15 minutes11.4 percent plus or minus 3.2
- Commuting 30 minutes or more118 plus or minus 48
- Share commuting 30 minutes or more46.5 percent plus or minus 27.9
- Drove alone79.9 percent plus or minus 18.3
- Carpooled6.8 percent plus or minus 5.1
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home13.3 percent plus or minus 6.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Hope
Flood risk in New Hope
- NFIP communityTown of New Hope
- NFIP community number480138
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/02/09(M)
The Town of New Hope participates in the National Flood Insurance Program as community 480138 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Collin County, not New Hope
Collin County context, not New Hope figures
- Establishments in Collin County31,012
- Covered employment, Collin County546,526
- Average annual pay, Collin County$88,091
- Housing units permitted, Collin County18,813
Every figure in this section is published for Collin County as a whole and is not a measurement of New Hope.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
New Hope questions, answered from the record.
How many people live in New Hope, Texas?
680, in 283 households. New Hope town covers 1.43 square miles of land, which is 474 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?
Collin 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?
$64,306. The median owner-occupied home is valued at $422,800. Median gross rent is $1,827 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is New Hope in the National Flood Insurance Program?
Yes. New Hope appears in the FEMA Community Status Book as New Hope, town of, community 480138, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page New Hope figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Collin 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?
No. Nothing on this page presents parcel level zoning.