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.
New Hope is a small city located in the state of Mississippi. The city has a population of 3,829 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. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in New Hope, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
Living in New Hope can be a good experience for anyone moving to the city. Having said that, in the state of Mississippi, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like crime, cost of living, commute, health & safety, education, you can easily compare the best places to live in New Hope and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare New Hope to Mississippi and the national average.
Using data and statistics New Hope has received a livability score of 67/100. This score is ranked in the 71st percentile when compared to all other cities. For each of the livability categories, we can establish that New Hope ranks very well for crime (A+), cost of living (A+) and housing (B+). There are some categories that New Hope does not rank well for, including: amenities (F) and education (F). It might be worth taking a closer look to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In New Hope, the unemployment rate stands at 2.61%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their New Hope apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that New Hope meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in New Hope. Everything else becomes a lot less important if it turns out that home prices in New Hope are simply unattainable. Median real estate prices in New Hope come in at $157,900, which is 49.4% 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 2.7, which is 3.8% higher than the Mississippi average.
| 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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