New Hope is a very small borough located in the state of Pennsylvania. With a population of 2,631 people and four associated neighborhoods, New Hope is the 554th largest community in Pennsylvania. New Hope home prices are not only among the most expensive in Pennsylvania, but New Hope real estate also consistently ranks among the most expensive in America.New Hope is a decidedly white-collar borough, with fully 96.12% of the workforce employed in white-collar jobs, well above the national average. Overall, New Hope is a borough of managers, professionals, and sales and office workers. There are especially a lot of people living in New Hope who work in business and financial occupations (28.14%), management occupations (21.00%), and teaching (6.58%). Also of interest is that New Hope has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 33.17% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. In addition, New Hope is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums. One downside of living in New Hope is that it can take a long time to commute to work. In New Hope, the average commute to work is 32.01 minutes, which is quite a bit higher than the national average. Do you like to read, write and learn? If you move to New Hope, you'll likely find that many of your neighbors like to as well. New Hope is one of the more educated communities in America, with a full 74.90% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%. The per capita income in New Hope in 2022 was $132,918, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $531,672 for a family of four. New Hope is a somewhat ethnically-diverse borough. The people who call New Hope home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Hope residents report their race to be White, followed by Asian. Important ancestries of people in New Hope include German, Irish, Italian, English, and Polish. The most common language spoken in New Hope is English. Other important languages spoken here include Italian and Spanish.
