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New Hope, Tennessee

city · Lincoln County (primary) , Cannon County, Cheatham County, Gibson County, Hancock County, Hardin County, Hawkins County, Henry County, Houston County, Humphreys County, Jackson County, Marion County, Maury County, McNairy County, Roane County, Sequatchie County, Williamson County

At a glance

862
Population
$179,600
Median home value (all homes)
41% below U.S. median
$235,381
Typical market value
Zillow, 2026-07
$775/mo
Median rent
43% below U.S. median
$77,727
Median household income
1% below U.S. median
23.6 min
Average commute
94.3%
Homes with broadband
100%
Locations with fiber available
12.6%
Unemployment

Cost of living (Clay Affordability Index)

CAI 87 — 13% below the national average. how it's computed

Housing23% below
Goods & services4% below
Utilities34% above
Taxes50% below
Insurance17% below
Commute cost15% below
For business: Tennessee is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college16 mi
Nearest community college25 mi
Nearest technical college41 mi
High school graduates83.8%
College graduates7.9%

Doing business here

Economic development contacts, most local first:

city Northeast TN Regional Economic Development
NETWORKS Sullivan Partnership is the dedicated economic development organization for Sullivan County, Tennessee, serving Bluff City, Bristol, and Kingsport, and assisting Hawkins County with marketing and development of the Phipps Bend Industrial Park.
county Cheatham County Chamber of Commerce
Cheatham County Economic & Community Development (Cheatham County Joint Economic & Community Development Board) conducts economic development to attract investment, support local businesses, create jobs, and improve quality of life in Cheatham County.
county Maury Alliance
Maury Alliance is the chamber of commerce and leading voice for business and industry in Maury County, Tennessee. It offers programs, networking and support to help members grow while strengthening the local economy.
county Roane Alliance
The Roane Alliance was formed in 2001 as Roane County's economic development organization and a cooperation between the Roane County Industrial Development Board (RCIDB), Roane County Visitor's Bureau (RCVB) and the Roane Chamber. Its mission is to create an environment that promotes economic growth for Roane County through job growth, economic development, enhanced quality of life, education and workforce development, and to represent the county as the unified voice for businesses, citizens and travelers.
county Williamson County Economic Development
Williamson, Inc. serves as a chamber of commerce and economic development office with a mission to drive economic success in Williamson County through connecting, engaging, and activating the business community.
region Middle Tennessee Industrial Dev. Assoc.
The Middle Tennessee Industrial Development Association is an economic development agency funded by Electric Cooperative, Municipal Electric, and Natural Gas Distributors serving Middle Tennessee. It represents and promotes industrial development in 40 counties and provides plant location services in cooperation with the State of Tennessee Department of Economic and Community Development and the Tennessee Valley Authority.
region Northeast TN Valley Regional Industrial Development
NETVRIDA is a regional economic development organization for the Northeast Tennessee Valley, providing information on the region's business sectors, communities, sites/buildings, data, and library resources.
region Southwest Tennessee Development District
The SWTDD is designated by the Federal Government as an Economic Development District to provide assistance to eight counties in planning and facilitating economic and community development projects. The staff collects, analyzes and disseminates statistical/demographic information, provides technical expertise, conducts surveys and studies, and administers and manages grant funds for communities in the district.
state America Electric Power Economic Development
AEP’s Economic Development pages describe site selection services and energy solutions to power business growth across its 11-state service area. The pages also provide contact information for investor relations and media relations.
state Four Lake Authority
The Tennessee Central Economic Authority is a regional economic development organization serving five counties in Middle Tennessee. Its mission is to recruit, retain, and expand advanced manufacturing job opportunities in the Macon, Smith, Sumner, Trousdale/Hartsville Metro, and Wilson counties region.
state Southeast Industrial Development Association
The Southeast Industrial Development Association is a regional economic development association providing site location services and financing to support site selection, expansions, and related opportunities across its SEIDA service area.
state Tennessee Dept. of Eco. & Community Dev.
The Tennessee Department of Economic and Community Development (TNECD) is the state agency that helps businesses large and small succeed in Tennessee. It recruits new businesses to the state, supports the growth of existing businesses and markets the state as a premier business destination.
state Tennessee Valley Authority Economic Development
TVA Economic Development offers programs and services designed to spark job creation, encourage investment, and boost wages across the seven-state Tennessee Valley region. We serve as a trusted partner, connector, and coach to communities and businesses seeking site selection and investment opportunities.
State sales taxYes
State income taxNone
Right-to-work stateYes

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