New Hope

County:: Collin County
County Seat:: No
Area (mi²):: 1.434
State:: Texas

New Hope is a town located in Collin County, Texas. New Hope has a 2025 population of 681. New Hope is currently growing at a rate of 0.44% annually and its population has increased by 2.25% since the most recent census, which recorded a population of 666 in 2020.

The average household income in New Hope is $96,455 with a poverty rate of 8.94%. The median age in New Hope is 53.4 years: 49.3 years for males, and 58.5 years for females.

Demographics

The racial composition of New Hope includes 78.58% White, 3.55% Asian, and smaller percentages for other race, Native American, Black or African American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Asian

Other race

Native American

Black or African American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	554	78.58%
Two or more races	112	15.89%
Asian	25	3.55%
Other race	10	1.42%
Native American	4	0.57%
Black or African American	0	0%
Native Hawaiian or Pacific Islander	0	0%

New Hope Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Hope's average per capita income is $60,000. Household income levels show a median of $65,625. The poverty rate stands at 8.94%.

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	$127,344	-
Families	$121,250	$128,889
Households	$65,625	$96,455
Non Families	-	$36,838

$60,000

Average Income

$65,625

Median Household Income

8.94%

Poverty Rate