New hope is located in Madison county Alabama with a geographic area of 8.7 square miles. The total population in New hope is 2,881 with 48.0% male and 52.0% female. Children under age 5 represent 4.4% of the population, under age 18 equal 33.3% of the population and over age 65 is 9.8% of the population. The median household income is $71,250, per capita income is $26,400. There are a total of 952 housing units with 76.9% owner occupied. Education includes 24.6% of residents that are high school graduates and 26.7% with a bachelor's degree or higher. The average temperature in New hope in the summer is 78 degrees, and in the winter 43 degrees.