Living in New Hope, Oregon
Cost of living, income, home prices, rent and demographics of New Hope · Census data 2020–2024
New Hope has 1,296 residents with a median age of 61.4. The median household income is $65,000 (22% lower than the Oregon median), the median home value is $437,900.
New Hope is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Hope at a glance
- Population
- 1,296
- Median age
- 61.4State: 40.4
- Median household income
- $65,000State: $83,011
- Median home value
- $437,900State: $477,600
- Homeowners
- 87.7%
- Bachelor's degree or higher
- 19.5%
- Average commute
- 22 min
Is New Hope a good place to live?
Pros: Home values 8% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 22% lower than the Oregon median; a poverty rate of 19.1%.
The weather is best in May–June and September–October.
Cost of living in New Hope
Housing is the biggest part of the cost of living. In New Hope the median home value is $437,900, 32% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,921 a month in housing costs.
New Hope median household income
The median household income in New Hope is $65,000 and the income per person is $35,992. 19.1% of residents live below the poverty line (Oregon: 11.9%).
Housing in New Hope: homes for sale and rent
- Housing units
- 536
- Owner-occupied
- 87.7%
- Renter-occupied
- 12.3%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.42
New Hope demographics
- Population
- 1,296
- Median age
- 61.4
- Under 18
- 19.9%
- 65 and older
- 42.4%
- Households
- 536
- Foreign-born
- 0.5%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of New Hope ›
Education in New Hope
19.5% of adults 25 and older in New Hope have a bachelor's degree or higher (Oregon: 36.8%), and 4.7% have a graduate or professional degree.
Jobs and commute in New Hope
- Unemployment rate
- 0%State: 5.4%
- Average commute
- 22 minState: 23 min
- Work from home
- 31%
- Drive alone
- 50.8%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 95%
New Hope vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Hope | 1,296 | $65,000 | $437,900 | — |
| Redwood | 3,721 | $68,125 | $397,800 | $1,165 |
| Grants Pass | 39,311 | $59,646 | $382,600 | $1,217 |
| Rogue River | 2,238 | $54,537 | $310,200 | $1,348 |
| Williams | 760 | $78,094 | $592,000 | — |
| Merlin | 1,617 | $71,806 | $435,000 | — |
| Foots Creek | 1,110 | $73,786 | $474,200 | — |
| Selma | 520 | $43,372 | $231,500 | — |
| Gold Hill | 1,288 | $56,359 | $340,500 | $1,471 |
More for people moving to New Hope
New Hope ZIP code ›Weather and climate ›Living in New Hope: FAQ
What is the median household income in New Hope, OR?
The median household income in New Hope is $65,000, 22% lower than the Oregon median of $83,011 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in New Hope?
The median home value in New Hope is $437,900, compared with $477,600 in Oregon.
Is New Hope, OR a good place to live?
Pluses: home values 8% lower than the state median; an average commute of 22 minutes. Minuses: median household income 22% lower than the Oregon median; a poverty rate of 19.1%.
What is the median age in New Hope?
The median age in New Hope is 61.4 years (Oregon: 40.4).
How long is the commute in New Hope?
The average commute to work in New Hope is 22 minutes; 31% of workers work from home.
What is the unemployment rate in New Hope?
The unemployment rate in New Hope is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Hope?
19.5% of adults in New Hope 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.
Last updated: