# Living in New Hope, TX: Realust Score 73

> Source: Realust (realust.com), data as of October 2026. Cite: https://realust.com/city/new-hope/

URL: https://realust.com/city/new-hope/
County: Collin
Realust Score: 73/100 (B, Good), tied for #58 of 84. Base 73 + price-tier bonus 0.
Category scores: Prosperity 66, Schools 79, Safety 89, Lifestyle 76, Market 75, Affordability 51, Commute 58, Growth 61
Median home price: $441K
Population: 680
Market momentum: Stable (home prices -0.4% over 1 year, +12.3% over 5 years)

New Hope feels low-density and residential—think older country homes and acreage parcels more than planned subdivisions—so daily life is car-first: groceries, dining, healthcare, and most services are found in nearby towns (for example Wylie and Lavon) or larger cities a short drive away. Commuting to major job centers like Plano or Dallas typically means using state and county roads, so peak travel can be slow and variable; many residents accept the longer drives for privacy and space. Utilities and infrastructure vary by property—some parcels rely on wells or septic and municipal services can be limited—so confirm water, sewer, and school zoning for any specific address. The tradeoff is straightforward: more land, quieter streets, and rural character in exchange for fewer local amenities, regular driving for errands, and a lifestyle that leans on neighboring towns and county services.

Strengths:
- Short drive to McKinney amenities — Shopping, dining, and services are minutes away while maintaining a separate town identity.
- Strong sense of small-town identity — Very low population means neighbors often know each other.
- Affordable entry relative to luxury suburbs — Smaller town housing can be more accessible than wealthier nearby communities.

Trade-offs:
- Very limited local amenities — Few shops, restaurants, or entertainment options within town limits.
- Small housing market — Limited inventory can make finding the right home harder than in larger suburbs.
- Car-dependent lifestyle — Almost all errands require a short drive to McKinney or surrounding cities.

Data:
- Demographics / Population: Total Population 680; People per sq mile 474; 5-Year Growth +14.9%
- Demographics / Mobility & Migration: Moved Last Year 12.6%; Same Home 1+ Year 87.4%; From Out of State 1.0%; From Different County 1.0%
- Demographics / Age Distribution: Under 18 15.6%; 25-34 9.9%; 35-44 8.8%; 65+ 30.3%; Median Age 53.6 years
- Demographics / Households: Avg Household Size 2.4; Family Households 59.4%; Homeownership Rate 70.0%; With Kids 14.5%; Married 51.6%; Single Parent 0.4%; Living Alone 33.2%; Seniors Alone 30.4%
- Demographics / Education Level: High School+ 97.2%; Bachelor's+ 32.0%; Graduate Degree 8.8%
- Demographics / Connectivity & Remote Work: Broadband Access 67.5%; Have Computer 72.8%; Work From Home 8.8%
- Real Estate / Home Prices: Per Sq Ft $250; Starter Home $399,000; Median Price $440,561; Premium Home $1,100,000
- Real Estate / Home Price Trends: 1-Year Change -0.4%; 5-Year Change +12.3%
- Real Estate / Market Health: Active Listings 329; Median Days on Market 80; Under Contract 41.8%; Price Reduced 20%
- Real Estate / Market Insights: Seller's market 1.4 mo; Income to Buy 6.9x; vs Region Avg +11%
- Real Estate / Fit Scores: Remote Work Fit 55; Family Fit 41
- Real Estate / Typical Home: Sq Ft 2,027; Beds 4; Baths 2.5; Lot Sq Ft 112,724; Year Built 1992; Garage 2.2-car
- Real Estate / Property Mix: Single Family 80%; Townhome 0%; Condo 0%
- Real Estate / Common Features: Pool 20%; Garage 80%; Single Story 80%; Fireplace 40%; Central Air 80%
- Real Estate / Costs & Ownership: Est. Monthly Payment $2,440; Have HOA 0%
- Real Estate / Investment Indicators: Rental Vacancy 0%; New Construction 0%; Per Bedroom $125,000
- Lifestyle / Lifestyle Scores: Area Feel Rural; Family Friendly 5.3; Outdoor Activities 4.7; Nightlife 4; Health & Fitness 7.3; Diversity 6.7; Weather 6.7
- Lifestyle / Nearby Amenities (within 5 miles): Restaurants 60+; Parks 60+; Gyms 7; Coffee 10; Bars 1; Daycares 60+; Hospitals 3; Pharmacies 3; Dentists 9; Libraries 1; Dog Parks 60+
- Lifestyle / Getting Around: Walk Score 4; Bike Score 21
- Lifestyle / Seasonal Temperatures (high / low): January 56° / 39°; April 73° / 56°; July 94° / 78°; October 77° / 59°
- Lifestyle / Annual Conditions: Sunny Days/Year 216; Rainy Days/Year 149; Annual Rainfall 56"
- Crime & Safety / Safety Overview: Violent crime (per 1,000) 0.6; Property crime (per 1,000) 5.1
- Crime & Safety / Violent Crime (per 100,000): Assault 0; Robbery 0; Murder 3.13; Rape 0
- Crime & Safety / Property Crime (per 100,000): Burglary 0; Theft 0; Vehicle Theft 0
- Job Market / Income: Median Household $64,306; Average Household $99,551; Per Capita $42,865
- Job Market / Employment: Unemployment Rate 2.0%; Poverty Rate 8.8%
- Job Market / Income Distribution: $150k+ 20.1%; $100k-$150k 15.5%; $75k-$100k 9.9%; $50k-$75k 15.9%; $25k-$50k 11.0%; Under $25k 27.5%
- Education / School District: Primary district McKinney ISD; District Grade A-; State Ranking Top 29%
- Education / Schools: Elementary 21; Middle 5; High School 6
- Education / Academic Info: Student-Teacher Ratio 14.1:1
- Education / College Readiness (Class of 2023): Took SAT/ACT 97%; College Ready 26.4%; TSI Ready 38.9%
- Transportation / Mobility Scores: Walk Score 4; Bike Score 21
- Transportation / Commute: Avg Minutes 29; Drive Alone 85.3%; Carpool 5.9%; Work from Home 8.8%
- Transportation / Distance To: Downtown Dallas 36.6 mi; DFW Airport 38 mi; Love Field 38.8 mi
- Transportation / EV Charging: Public Stations 3; DC Fast Ports 0; Level 2 Ports 4
- Cost of Living / Cost Index (100 = National Average): Overall 101; Housing 113; Utilities 97; Groceries 100; Transportation 102; Healthcare 100
- Cost of Living / Monthly Utilities: Electric $142; Water $52; Gas $44; Internet $72
- Cost of Living / Everyday Costs: Monthly Groceries (Family of 4) $823; Gas Price (per gallon) $2.82
- Cost of Living / Taxes: Sales Tax Rate 8.3%; Property Tax Rate 2.2%

More: compare New Hope with any city at https://realust.com/compare/ · all cities at https://realust.com/cities/ · site guide at https://realust.com/llms.txt