Housing data for New Hope, AL
New Hope, AL has an estimated 2,911 residents and 1,105 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Madison County.
18.1% of households rent.
The median gross rent is $1,075 a month.
Its population grew measurably since 2015–2019 (+2.0%).
Figures last updated on .
- Residents
- 2,911 (±16)
- Housing units
- 1,105 (±219)
- Households that rent
- 18.1%
- Median gross rent
- $1,075
- Residents since 2015–2019
- +2.0%
What stands out in New Hope
Working from home: 1.8% (±1.8 points) in New Hope, lower than in Madison County (15.1%).
Homes in buildings of 5 or more units: 2.4% (±5.4 points) in New Hope, lower than in Madison County (16.6%).
Median real estate taxes: $599 (±$295) in New Hope, lower than in Madison County ($1,185).
Median home value: $163,700 (±$22,966) in New Hope, lower than in Madison County ($299,200).
- Commute and cars in New Hope
- Types of homes in New Hope
- Property taxes in New Hope
- Home values in New Hope
Housing in New Hope at a glance
- Median rent: $1,075 median gross rent a month
- Rent by bedrooms: $732 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 58.4% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 18.1% of households rent
- Income and affordability: $83,816 median household income (Small sample: wide margin of error)
- Home values: $163,700 median home value
- Homeowner costs: $1,130 median monthly cost with a mortgage
- Property taxes: $599 median real estate taxes a year
- Types of homes: 2.4% of homes are in buildings of 5 or more units
- Bedrooms: 77.0% of homes have 3 or more bedrooms
- Age of homes: 33.3% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 79.2% heat with electricity
- Commute and cars: 22.2 minutes average trip to work
- Crime reported to police: 34 violent crimes per 100,000 residents
- Growth: +2.0% residents since 2015–2019
- How long people stay: 14.9% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.9% of homes have more than 1 person per room (Small sample: wide margin of error)
New Hope against Madison County, its state and the nation
| New Hope | Madison County | Alabama | United States | |
|---|---|---|---|---|
| Residents | 2,911 (±16) | 405,718 (exact) | 5,086,768 (exact) | 334,922,499 |
| Housing units | 1,105 (±219) | 178,607 (±187) | 2,337,265 (±430) | 143,775,355 |
| Households that rent | 18.1% (±8.7 points) | 31.7% (±1.0 points) | 29.8% (±0.3 points) | 34.8% |
| Median gross rent | $1,075 (±$498) | $1,209 (±$22) | $1,007 (±$8) | $1,413 |
| Median household income | $83,816 (±$43,829) | $86,499 (±$1,491) | $63,999 (±$399) | $80,734 |
| Median home value | $163,700 (±$22,966) | $299,200 (±$5,530) | $209,900 (±$1,076) | $332,700 |
| Median real estate taxes (a year) | $599 (±$295) | $1,185 (±$32) | $788 (±$6) | $3,119 |
| Built before 1980 | 33.3% (±11.3 points) | 32.3% (±1.1 points) | 42.2% (±0.4 points) | 49.7% |
| Average commute | 22.2 minutes (±3.3) | 22.1 minutes (±0.4) | 25.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 91.2% (±4.7 points) | 92.3% (±0.8 points) | 87.5% (±0.2 points) | 91.0% |
| Median age of residents | 34.2 years (±2.4) | 38.2 years (±0.2) | 39.3 years (±0.2) | 38.9 years |
New Hope covers 8.7 square miles of land, about 336 residents per square mile (Census Bureau Gazetteer).
How New Hope has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,854 (±21) | 2,911 (±16) | +2.0% | Measurable increase |
| Housing units | 1,214 (±103) | 1,105 (±219) | −9.0% | Not a measurable change |
| Median gross rent | $826 (±$123) | $1,075 (±$498) | +30.1% | No measurable change after inflation |
| Median home value | $124,700 (±$13,293) | $163,700 (±$22,966) | +31.3% | No measurable change after inflation |
| Median household income | $55,764 (±$10,324) | $83,816 (±$43,829) | +50.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,145 (±$77) | $1,130 (±$117) | −1.3% | Down after inflation |
| Median real estate taxes | $375 (±$66) | $599 (±$295) | +59.7% | No measurable change after inflation |
| Households that rent | 30.0% (±7.3 points) | 18.1% (±8.7 points) | −11.9 percentage points | Measurable decrease |
| Rental vacancy rate | 5.5% (±8.4 points) | 0.0% (±20.0 points) | −5.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in New Hope
In 2024, the New Hope Police Department reported 34 violent and 1,123 property crimes per 100,000 residents to the FBI.
ZIP codes in New Hope
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 35760 | 17% | 4,643 | $1,089 | $172,600 | $71,622 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near New Hope
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Owens Cross Roads | 4.1 mi | $946 | $227,000 | 15.4% |
| Grant | 8.8 mi | $543 | $239,400 | 16.6% |
| Union Grove | 9.4 mi | — | $187,500 | 12.8% |
| Paint Rock | 9.6 mi | — | $75,000 | 23.5% |
| Woodville | 9.7 mi | $588 | $184,600 | 17.5% |
| Gurley | 11 mi | $1,054 | $194,800 | 31.1% |
| Cherokee Ridge | 12 mi | — | $336,400 | 0.0% |
| Guntersville | 15 mi | $842 | $324,800 | 34.7% |
Places in Alabama most like New Hope
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Level Plains | $1,057 | $137,500 | $77,000 | 19.4% |
| Smiths Station | $1,012 | $203,300 | $64,669 | 15.1% |
| Headland | $822 | $219,600 | $79,063 | 20.8% |
| Rehobeth | $976 | $242,900 | $80,972 | 14.0% |
| Hazel Green | $992 | $230,800 | $86,271 | 12.5% |
| Oxford | $925 | $170,900 | $74,268 | 24.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Alabama.
HUD Fair Market Rent for New Hope, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,119 | $1,177 | $1,341 | $1,735 | $2,241 |
HUD income limits for New Hope, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $24,200 | $40,300 | $64,500 |
| 2 people | $27,650 | $46,050 | $73,700 |
| 3 people | $31,100 | $51,800 | $82,900 |
| 4 people | $34,550 | $57,550 | $92,100 |
| 5 people | $38,680 | $62,200 | $99,500 |
| 6 people | $44,360 | $66,800 | $106,850 |
| 7 people | $50,040 | $71,400 | $114,250 |
| 8 people | $55,720 | $76,000 | $121,600 |
These are the limits HUD sets for its housing programs in the Huntsville, AL MSA, where HUD’s median family income for fiscal year 2026 is $115,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New Hope
What is the average rent in New Hope, AL?
The Census Bureau publishes the median rather than the average: the median gross rent in New Hope is $1,075 (±$498) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many renters are there in New Hope?
New Hope has an estimated 178 (±114) renting households, 18.1% of its occupied homes (2020–2024 American Community Survey).
What is the average home value in New Hope, AL?
The Census Bureau publishes the median: $163,700 (±$22,966) for owner-occupied homes in New Hope (2020–2024 American Community Survey).
What is the average mortgage payment in New Hope?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in New Hope, AL is $1,130 (±$117) a month, including taxes, insurance and utilities.
How much are property taxes in New Hope?
The median real estate tax paid by homeowners in New Hope, AL is $599 (±$295) a year (2020–2024 American Community Survey).
How many homes are in New Hope?
New Hope, AL has an estimated 1,105 (±219) housing units, occupied and vacant (2020–2024 American Community Survey).
Is New Hope growing?
In New Hope, the number of residents went from 2,854 in 2015–2019 to 2,911 in 2020–2024 (+2.0%), a measurable increase.
What ZIP codes are in New Hope?
The ZIP code that covers New Hope is 35760.
What is the median rent in ZIP code 35760?
The median gross rent in ZIP Code Tabulation Area 35760 is $1,089 (±$100) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — New Hope city, Alabama
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Hope city, Alabama
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Hope city, Alabama
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — New Hope city, Alabama
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — New Hope city, Alabama
- Total Population (B01003), 2015–2019 ACS 5-year estimates — New Hope city, Alabama
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Hope city, Alabama
- HUD Fair Market Rents, fiscal year 2027: Huntsville, AL MSA
- HUD Income Limits, fiscal year 2026: Huntsville, AL MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: New Hope Police Department (ORI AL0470400)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Hope city, Alabama (place:54168, in state:01).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .