Is New Hope, Mississippi a Good Place To Live? - Living In New Hope, MS

Is New Hope, Mississippi a good place to live?
New Hope is a city in Mississippi state in USA with a population of 3908 residents.. The poverty rate of New Hope is 4.7%, which is 66% lower than national average. The typical household in New Hope earns $62904 a year, compared to the national median of $67,500. Nearly 40.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New Hope, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Hope remained 3.4%, which is 28% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Hope, only 27% of adults have a bachelor's degree and 40% have some college but no degree.

Cost of living in New Hope is 0, which is 100% lower than national average. Median home value in New Hope is $155100 , which is 33% lower than national average. While median income in New Hope remained $62904, which is 7% lower than national average.
Population
3908
Unemployment
3.4%
28% NAT AVG.
Poverty
4.7%
66% NAT AVG.
Overall Score
6
Median Home Cost
$155100
33% NAT AVG.
Median Income
$62904
7% NAT AVG.
Median Rent
$804
31% NAT AVG.
People Living BPL
1 in 21
Unemployed People
1 in 29
People Earning < $10,000
1 in 83
People Earning < $50,000
40.8%
People with <= High School
1 in 3
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs80%

Housing70%

Affordability85%

Safety60%

Amenities60%

Diversity85%

Education70%

Commute85%