New Hope, TN Employment - Median Household Income, Unemployment Rate

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C-

23%

Income/capita NAT. AVG.

7%

Household income NAT. AVG.

36%

Unemployment NAT. AVG.

Index	New Hope	Tennessee	National
Income per capita	$22,895	$26,019	$29,829
Median household income	$51,500	$46,574	$55,322
Median income owner occupied	$58,235	$58,570	$70,586
Median income renter occupied	$0	$28,937	$35,192
Median earnings male	$43,571	$32,560	$36,919
Median earnings female	$23,021	$24,186	$26,250
Unemployment rate	3.0%	4.6%	4.7%
Poverty level	23.1%	17.2%	15.1%

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Key findings

The income per capita in New Hope is 23% lower than the national average
The median household income in New Hope is 7% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New Hope is 36% lower than the national average
The poverty level in New Hope is 53% higher than the national average

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am i middle class

$34,329 $51,500 $103,000

City

$31,046 $46,574 $93,148

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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New Hope median earnings by income bracket

New Hope employment by industry

Labour Type	Male	Female
Construction industry	31.2%	31.2%
Manufacturing sector	20.2%	20.2%
Financial & insurance services	1.4%	1.4%
Wholesale & retail services	6.4%	6.4%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	16.5%	16.5%
Education, health & social services	6.0%	6.0%
Other	18.3%	18.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Sewanee, TN	2,625	$66,793	20.7%
Whitwell, TN	1,977	$58,357	5.5%
Powells Crossroads, TN	1,705	$56,563	2.2%
Kimball, TN	1,584	$51,328	7.2%
Stevenson, AL	2,326	$38,321	30.7%
New Hope, TN	945	$51,500	6.9%

Cities with similar population

City	Population	Household Income	National Avg.
Bellemeade, KY	945	$89,271	61.4%
King City, MO	945	$42,969	22.3%
De Kalb, MS	945	$29,950	45.9%
Iron Ridge, WI	945	$65,104	17.7%
Lac-Simon, QC	945	n/a
New Hope, TN	945	$51,500	6.9%

Source: The New Hope, TN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).