New Hope, Oregon Median Income

New Hope, Oregon has a population of 1,512, with a median household income of $60,228.

Current median income data for New Hope.

$60,228

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Population

1,512

💰

Median Income

$60,228

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Unemployment

4.62%

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Housing Price

$422,884

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Crime Rate

15.92

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Internet Speed

233.74 Mbps

New Hope is a small local community located in Oregon. The city has a population that is below the average city population in Oregon, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Oregon, New Hope provides insight into regional population trends, income levels, and housing conditions.

Population Overview

New Hope has a population of 1,512, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in New Hope is $60,228, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in New Hope is about $422,884, making it relatively affordable compared to many cities in Oregon.

Employment and Safety

The unemployment rate in New Hope is 4.62%, slightly above the state average, suggesting moderate employment conditions. Crime rates in New Hope are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Oregon, New Hope shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, New Hope offers a balanced mix of economic conditions, population trends, and housing opportunities within Oregon.

Frequently Asked Questions about New Hope

What is the population of New Hope?

The population of New Hope is approximately 1,512.

Is New Hope a good place to live?

New Hope offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in New Hope?

The median household income in New Hope is around $60,228.

How expensive is housing in New Hope?

The average housing price in New Hope is approximately $422,884.