Housing Value★★★★★★★★★★2.5 / 5Home values compared with local household income.
Living in New Hope, TX
Explore New Hope and see how it fits the life you want to build.
Overall Match7.3 / 10
Baseline match from currently available location scores. Choose priorities to personalize it.
New Hope at a Glance
Key facts and current data
Population680
Median Household Income$64,306
Median Home Value$422,800
Median Gross Rent$1,827
Median Age53.6
Average Household Size2.4
Unemployment2.0%
Work From Home13.3%
Homeownership70.0%
Housing Vacancy0.7%
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year.
New Hope is a smaller community, so land use, housing supply and its relationship with surrounding communities can be especially important to movers. Housing costs are high relative to local household income, making affordability one of the more important factors to examine before relocating here. Unemployment is relatively low, which is a positive current labor-market signal.
Experience the Area
Experience Life in New Hope Before You Move
Explore Short-Term Stays in New Hope →Stay options powered by Stay22 · affiliate
NarrowTheList highly recommends you spend a week or two in New Hope and experience everyday life before deciding whether it is the right place to call home. Use that time to explore neighborhoods, drive your normal routes, shop where residents shop, and get a feel for the area at different times of day.
NarrowTheList Ratings
Data-driven starter ratings. More categories appear automatically as new datasets are added.
Housing & Cost of Living in New Hope
Current housing indicators from the U.S. Census Bureau
Median Home Value$422,800
Median Gross Rent$1,827
Homeownership70.0%
Housing Vacancy0.7%
Home values are relatively high compared with local household income, so purchase affordability deserves close attention. A large majority of occupied homes are owner-occupied.
Jobs, Income & Remote Work
Employment and household-income context for New Hope, TX
Median Household Income$64,306
Unemployment2.0%
Work From Home13.3%
The reported unemployment rate is relatively low. A meaningful share of employed residents work from home.
Population & Household Profile
Who lives in New Hope and how households are structured
Population680
Median Age53.6
Average Household Size2.4
New Hope is a smaller community, so its relationship with nearby towns, employment centers and services can be especially important.
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year. NarrowTheList presents these values as relocation context; conditions can vary within a community.
Climate & Weather in New Hope
Long-term NOAA climate normals and practical seasonal context
NOAA climate normals for New Hope point to hot summers, cool winters, a wetter annual rainfall pattern and little to no annual snowfall.
Average Summer High94.2°F
Average Winter Low33.6°F
Annual Rainfall38.3 in.
Annual Snowfall0.2 in.
Seasonal Life in New Hope
What the long-term climate pattern may mean for everyday living.
Spring
Spring is a useful time to evaluate how quickly outdoor conditions become comfortable and how seasonal rain affects everyday routines.
Summer
Summer heat is a meaningful part of daily life. During a trial stay, pay attention to afternoon comfort, cooling use, vehicle heat and how much outdoor activity shifts toward mornings and evenings.
Fall
Fall marks a substantial seasonal transition here. It is a useful time to judge how quickly temperatures change and whether that seasonal swing fits the lifestyle you want.
Winter
Winter is generally cool with limited snowfall. Heating needs still matter, but snow-related disruption should be less central than in colder markets.
Source: NOAA/NCEI U.S. Climate Normals, 1991–2020. Seasonal descriptions are relocation context derived from the available long-term normals, not a forecast.
New Hope is located in Collin County, but city-level housing, income and neighborhood conditions can differ meaningfully from countywide averages. Collin County.
County Intelligence
New Hope & Collin County
Data Pending
Foreclosure Activity
New Hope is located in Collin County, Texas.
NarrowTheList uses county-level information alongside local community data because many factors that matter when choosing a place to live are measured beyond city boundaries. Housing, property taxes, employment, healthcare access and other regional characteristics can add useful context to the picture of life in New Hope.
Current NarrowTheList data for New Hope shows a population of about 680. These local figures become more useful when read together with county-level tax, housing, foreclosure and demographic conditions rather than treated as isolated city statistics.
Foreclosure Activity: Data Pending. A county-specific foreclosure signal is not available yet.
For someone comparing homes, county boundaries can matter because taxes, public services, court and recording systems, assessment practices and housing-market conditions are often administered or reported at the county level. NarrowTheList keeps that county relationship attached to the community so future tax, foreclosure, housing and demographic data can be interpreted in the correct geographic context.
County relationship
Collin County
How NarrowTheList uses it
County information is used as a supporting geographic layer, not as a substitute for local data. As more county datasets are added, NarrowTheList can use them to improve comparisons, ratings and relocation insights for New Hope.
For someone considering a move to New Hope, the available data currently points to housing affordability that deserves careful budgeting and a relatively tight labor market. These signals are most useful when considered alongside the specific neighborhood, commute and housing type that fit the household making the move.
Nearby Cities & Communities
Nearby incorporated cities, towns, villages and other municipalities shown by straight-line distance.