Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Located in the state of Mississippi, New Hope is a smaller city with a population of 3,914 residents. If we look at the most recent Census, New Hope is known to have a predominantly White population. The next two most common races are Black and Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make New Hope your home, your one-way commute time will typically last around 23 minutes, a duration that aligns with the national average commute time of 26 minutes.
Are you trying to decide if living in New Hope is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Mississippi, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in New Hope and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes commute, employment, housing and other important metrics.
Using data and statistics New Hope has received a livability score of 71/100. This score is ranked in the 77th percentile when compared to all other cities. Based on the scores for each individual category, New Hope has received high marks for crime (A+), cost of living (A+) and housing (A+). On a less positive note, New Hope does not have favorable ranks for the following: amenities (F) and education (D-). If we take a look at the data, we can find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that New Hope has an unemployment rate of 2.7% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in New Hope can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
New Hope real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in New Hope. Median real estate prices in New Hope come in at $281,442, which is 50% higher than the Mississippi average. The home price to income ratio compares the median home prices to the median household income. In New Hope, the home price to income ratio is 3.2, which is 3.2% higher than the Mississippi average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | New Hope | Mississippi | National |
| Average one way commute | 23min | 24min | 26min |
| Workers who drive to work | 88.6% | 84.7% | 76.4% |
| Workers who carpool | 7.1% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 4.3% | 2.2% | 4.6% |
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