New Hope

County:: Franklin County
County Seat:: No
Area (mi²):: 10.336
State:: Tennessee

New Hope is a city located in Franklin County, Tennessee. New Hope has a 2025 population of 943. New Hope is currently declining at a rate of -0.95% annually and its population has decreased by -4.55% since the most recent census, which recorded a population of 988 in 2020.

The average household income in New Hope is $65,903 with a poverty rate of 23.49%. The median age in New Hope is 38.9 years: 41.1 years for males, and 38 years for females.

Demographics

The racial composition of New Hope includes 96.66% White, and smaller percentages for Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	897	96.66%
Two or more races	31	3.34%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

New Hope Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Hope's average per capita income is $35,069. Household income levels show a median of $62,396. The poverty rate stands at 23.49%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$78,333	-
Families	$62,885	$76,498
Households	$62,396	$65,903
Non Families	-	$29,813

$35,069

Average Income

$62,396

Median Household Income

23.49%

Poverty Rate