The New Hope Census Designated Place is a community or populated place (Class Code U5) located in Nelson County at latitude 37.626 and longitude -85.504. Nelson County is in the Eastern time zone (GMT -5). The elevation is 545 feet.
The formal official name is the New Hope Census Designated Place, but most people and references simply refer to it as New Hope, Kentucky.
The U5 Census Class Code for New Hope indicates a populated place that is also a census designated place with the same name.. The Census Designated Place has a Functional Status Code "S" which identifies a statistical entity.
The formal boundaries for the New Hope Census Designated Place (see map below) encompass a land area of 0.62 sq. miles and a water area of 0 sq. miles.
|Population in Households||120|
|Population in Familes||105|
|Population in Group Qrtrs||5|
|Average Household Size||2.18|
|Average Family Size||2|
|Total Housing Units||62 (100%)|
|Owner Occupied HU||47 (75.8%)|
|Renter Occupied HU||8 (12.9%)|
|Vacant Housing Units||7 (11.3%)|
|Median Home Value||$90,278|
|Average Home Value||$98,404|
|Median Household Income||$41,908|
|Average Household Income||$59,231|
|Per Capita Income||$21,379|
|(Compound Annual Growth Rates)|
|Median Household Income||3.59%|
|Per Capita Income||1.93%|
The table below compares New Hope to the other 524 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 501||5th|
|Population Density1||# 481||8th|
|Diversity Index2||# 474||10th|
|Median Household Income||# 228||57th|
|Per Capita Income||# 226||57th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.