Living in Newhope, Arkansas
Cost of living, income, home prices, rent and demographics of Newhope · Census data 2020–2024
Newhope has 88 residents with a median age of 48.2. The median household income is $33,819 (44% lower than the Arkansas median).
Newhope is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newhope at a glance
- Population
- 88
- Median age
- 48.2State: 38.5
- Median household income
- $33,819State: $60,773
- Homeowners
- 41.9%
- Bachelor's degree or higher
- 0%
Is Newhope a good place to live?
Cons: Median household income 44% lower than the Arkansas median; a poverty rate of 18.2%.
The weather is best in May–June and September–October.
Newhope median household income
The median household income in Newhope is $33,819 and the income per person is $10,849. 18.2% of residents live below the poverty line (Arkansas: 16%).
Housing in Newhope: homes for sale and rent
- Housing units
- 45
- Owner-occupied
- 41.9%
- Renter-occupied
- 58.1%
- Vacant
- 31.1%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.84
31.1% of homes are vacant most of the year, a sign that Newhope has many vacation and second homes.
Newhope demographics
- Population
- 88
- Median age
- 48.2
- Under 18
- 0%
- 65 and older
- 15.9%
- Households
- 31
- Foreign-born
- 0%
- Veterans
- 45.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Newhope ›
Education in Newhope
0% of adults 25 and older in Newhope have a bachelor's degree or higher (Arkansas: 25.7%), and 0% have a graduate or professional degree.
Jobs and commute in Newhope
- Unemployment rate
- 0%State: 4.9%
- Average commute
- —State: 23 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 19.4%
Newhope vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newhope | 88 | $33,819 | — | — |
| Daisy | 138 | $80,625 | $152,300 | — |
| Dierks | 728 | $22,188 | $100,200 | $479 |
| Kirby | 579 | $66,607 | $163,700 | — |
| Murfreesboro | 1,819 | $53,264 | $119,300 | $521 |
| Black Springs | 101 | $73,333 | $222,200 | — |
| Nashville | 4,063 | $41,142 | $167,600 | $690 |
| Norman | 339 | $76,563 | $94,400 | $538 |
| Glenwood | 1,841 | $33,500 | $132,500 | $664 |
More for people moving to Newhope
Newhope ZIP code ›Weather and climate ›Living in Newhope: FAQ
What is the median household income in Newhope, AR?
The median household income in Newhope is $33,819, 44% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
Is Newhope, AR a good place to live?
Minuses: median household income 44% lower than the Arkansas median; a poverty rate of 18.2%.
What is the median age in Newhope?
The median age in Newhope is 48.2 years (Arkansas: 38.5).
What is the unemployment rate in Newhope?
The unemployment rate in Newhope is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newhope?
0% of adults in Newhope have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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