Economy & Jobs — New Hope, Tennessee
Income & Employment
| Median Household Income (Census) | $77,727 |
|---|
| Estimated 2026 | ~$71,100 |
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| Per Capita Income | $25,386 |
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| Poverty Rate | 23.0% |
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| Unemployment Rate | 12.6% |
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| In Labor Force | 477 |
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Top Industries
| Industry | Share |
|---|
| Construction | 19.4% |
| Retail | 15.6% |
| Manufacturing | 14.6% |
Local Businesses (County)
| Type | Count |
|---|
| Gas Stations | 26 |
| Full Service Restaurants | 24 |
| Fast Food | 21 |
| Commercial Banks | 13 |
| Physician Offices | 12 |
| General Merchandise | 11 |
| Hotels Motels | 8 |
| Auto Repair | 7 |
| Liquor Stores | 5 |
| Insurance Agencies | 5 |
| Dental Offices | 5 |
| Home Health | 5 |
| Funeral Homes | 4 |
| Law Offices | 4 |
| Coffee Shops | 4 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
