New Hope

County:: Collin County
County Seat:: No
Area (mi²):: 1.434
State:: Texas

New Hope is a town located in Collin County, Texas. New Hope has a 2025 population of 681. New Hope is currently growing at a rate of 0.44% annually and its population has increased by 2.25% since the most recent census, which recorded a population of 666 in 2020.

The average household income in New Hope is $96,455 with a poverty rate of 8.94%.The median age in New Hope is 53.4 years: 49.3 years for males, and 58.5 years for females.

Demographics

The racial composition of New Hope includes 78.58% White, 3.55% Asian, and smaller percentages for other race, Native American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	554	78.58%
Two or more races	112	15.89%
Asian	25	3.55%
Other race	10	1.42%
Native American	4	0.57%

New Hope Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Hope's average per capita income is $60,000. Household income levels show a median of $65,625. The poverty rate stands at 8.94%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$127,344	-
Families	$121,250	$128,889
Households	$65,625	$96,455
Non Families	-	$36,838

$60,000

Average Income

$65,625

Median Household Income

8.94%

Poverty Rate