New Hope, AL Overview

The small town of New Hope provides a comfortable but less luxurious hometown atmosphere south of Huntsville beyond the white-fenced Hampton Cove community. Affordable homes and a friendly, small-town flavor are attracting new residents who appreciate the slower pace and proximity to urban amenities.

Summary

Population Growth (since 2000)8%
Population Density (ppl / mile)301.00
Household Size (ppl)2.488
Households w/ Children29%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency38%
Median Year in Residency3.6

Housing Inventory

New Hope, AL Housing Inventory 9027477477490274774

Market Overview

32 listings with an estimated median price of $251,450

PriceCount
$0 - 100K5
$100K - 200K5
$200K - 300K14
$300K - 400K1
$400K - 500K1
$500K - 600K2
$600K - 700K2
$900K - 1M1
$1M - Max1
Property TypeCount
Single Family18
Commercial3
Rental2
Lots and Land11

(Data as of 3/28/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

New Hope, AL Population Demographics

Total: 2,609

Households:1,049

Median Age: 41.16

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

New Hope, AL Temperature

Weather Risk

New Hope, AL Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

New Hope, AL Education Climate Index

Highest Education Level Attained

New Hope, AL Highest Education Level Attained 6751851137726013936367518511377260

Employment and Finance

Workforce

New Hope, AL Workforce

Income by dollar range (Median Income: $50,015)

New Hope, AL Income by dollar range 536161596567685535811291347048411154

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$541
One Bedroom
$620
Two Bedroom
$746
Three Bedroom
$1,014
Four Bedroom
$1,314

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
No
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

New Hope, AL Crime

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