Housing data for New Hope, TN
New Hope, TN has an estimated 862 residents and 369 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Marion County.
10.3% of households rent.
The median gross rent is $775 a month.
Figures last updated on .
- Residents
- 862 (±241)
- Housing units
- 369 (±100)
- Households that rent
- 10.3%
- Median gross rent
- $775
- Residents since 2015–2019
- +2.6%
What stands out in New Hope
Households that rent: 10.3% (±8.1 points) in New Hope, lower than in Marion County (21.5%).
Households without a vehicle: 0.6% (±1.4 points) in New Hope, lower than in Marion County (4.2%).
Average commute: 23.6 minutes (±4.1) in New Hope, lower than in Marion County (33.9 minutes).
Housing in New Hope at a glance
- Median rent: $775 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 21.4% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 10.3% of households rent (Small sample: wide margin of error)
- Income and affordability: $77,727 median household income
- Home values: $179,600 median home value
- Homeowner costs: $1,024 median monthly cost with a mortgage
- Property taxes: $740 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 72.1% of homes have 3 or more bedrooms
- Age of homes: 40.4% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 69.7% heat with electricity
- Commute and cars: 23.6 minutes average trip to work
- Growth: +2.6% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 21.2% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 2.6% of homes have more than 1 person per room (Small sample: wide margin of error)
New Hope against Marion County, its state and the nation
| New Hope | Marion County | Tennessee | United States | |
|---|---|---|---|---|
| Residents | 862 (±241) | 29,250 (exact) | 7,066,383 (exact) | 334,922,499 |
| Housing units | 369 (±100) | 14,058 (±30) | 3,143,670 (±903) | 143,775,355 |
| Households that rent | 10.3% (±8.1 points) | 21.5% (±3.0 points) | 33.1% (±0.3 points) | 34.8% |
| Median gross rent | $775 (±$172) | $853 (±$109) | $1,189 (±$7) | $1,413 |
| Median household income | $77,727 (±$25,757) | $61,824 (±$4,484) | $69,595 (±$429) | $80,734 |
| Median home value | $179,600 (±$49,252) | $195,200 (±$12,162) | $286,700 (±$1,492) | $332,700 |
| Median real estate taxes (a year) | $740 (±$110) | $833 (±$46) | $1,442 (±$8) | $3,119 |
| Built before 1980 | 40.4% (±20.7 points) | 40.5% (±3.9 points) | 40.7% (±0.3 points) | 49.7% |
| Average commute | 23.6 minutes (±4.1) | 33.9 minutes (±2.7) | 25.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 94.3% (±4.1 points) | 85.3% (±3.2 points) | 89.2% (±0.2 points) | 91.0% |
| Median age of residents | 38.9 years (±11.6) | 43.8 years (±0.4) | 38.9 years (±0.1) | 38.9 years |
New Hope covers 10.3 square miles of land, about 83 residents per square mile (Census Bureau Gazetteer).
How New Hope has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 840 (±213) | 862 (±241) | +2.6% | Not a measurable change |
| Housing units | 401 (±77) | 369 (±100) | −8.0% | Not a measurable change |
| Median gross rent | $750 (±$142) | $775 (±$172) | +3.3% | No measurable change after inflation |
| Median home value | $120,500 (±$28,850) | $179,600 (±$49,252) | +49.0% | No measurable change after inflation |
| Median household income | $53,603 (±$8,840) | $77,727 (±$25,757) | +45.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,030 (±$155) | $1,024 (±$138) | −0.6% | Down after inflation |
| Median real estate taxes | $724 (±$139) | $740 (±$110) | +2.2% | No measurable change after inflation |
| Households that rent | 23.8% (±8.4 points) | 10.3% (±8.1 points) | −13.5 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±32.1 points) | 0.0% (±58.2 points) | 0.0 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 Marion County
New Hope has no police department of its own in the FBI’s figures, so this is the figure for Marion County as a whole.
In 2025, the police departments that report for Marion County recorded 159 violent and 263 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near New Hope
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| South Pittsburg | 2.9 mi | $643 | $187,100 | 34.3% |
| Kimball | 3.3 mi | $754 | $231,400 | 29.4% |
| Bridgeport | 4.7 mi | $569 | $94,000 | 44.2% |
| Jasper | 5.5 mi | $787 | $209,000 | 16.9% |
| Orme | 7.8 mi | — | $53,300 | 5.3% |
| Stevenson | 12 mi | $917 | $156,900 | 42.7% |
| Trenton | 12 mi | $670 | $166,000 | 33.7% |
| West Brow | 15 mi | — | $279,100 | 3.9% |
Places in Tennessee most like New Hope
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| South Cleveland | $845 | $232,600 | $66,601 | 12.9% |
| Clarksburg | $925 | $152,500 | $76,250 | 14.5% |
| Estill Springs | $825 | $204,000 | $59,205 | 15.8% |
| Mount Carmel | $643 | $179,600 | $68,866 | 8.6% |
| Crab Orchard | $750 | $164,700 | $60,216 | 10.0% |
| Park City | $795 | $216,700 | $95,417 | 15.5% |
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 Tennessee.
HUD Fair Market Rent for New Hope, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,181 | $1,231 | $1,340 | $1,657 | $1,761 |
HUD income limits for New Hope, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,450 | $34,100 | $54,550 |
| 2 people | $23,400 | $39,000 | $62,350 |
| 3 people | $27,320 | $43,850 | $70,150 |
| 4 people | $33,000 | $48,700 | $77,900 |
| 5 people | $38,680 | $52,600 | $84,150 |
| 6 people | $44,360 | $56,500 | $90,400 |
| 7 people | $50,040 | $60,400 | $96,600 |
| 8 people | $55,720 | $64,300 | $102,850 |
These are the limits HUD sets for its housing programs in the Chattanooga, TN-GA MSA, where HUD’s median family income for fiscal year 2026 is $97,400.
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 median household income in New Hope?
The median household income in New Hope is $77,727 (±$25,757) a year (2020–2024 American Community Survey).
What is the average home value in New Hope, TN?
The Census Bureau publishes the median: $179,600 (±$49,252) 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, TN is $1,024 (±$138) 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, TN is $740 (±$110) a year (2020–2024 American Community Survey).
How many homes are in New Hope?
New Hope, TN has an estimated 369 (±100) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in New Hope?
The most common size is 3 bedrooms, 56.6% of homes in New Hope, TN.
Is New Hope growing?
In New Hope, the number of residents went from 840 in 2015–2019 to 862 in 2020–2024 (+2.6%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — New Hope city, Tennessee
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Hope city, Tennessee
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Hope city, Tennessee
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — New Hope city, Tennessee
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — New Hope city, Tennessee
- Total Population (B01003), 2015–2019 ACS 5-year estimates — New Hope city, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Hope city, Tennessee
- HUD Fair Market Rents, fiscal year 2027: Chattanooga, TN-GA MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chattanooga, TN-GA MSA
- 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, Tennessee (place:52780, in state:47).
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 .