New Hope, Tennessee.
Typical home $228,296 (+4.5% in a year). Chattanooga, TN-GA metro.
to buy the typical home at today's mortgage rate — +$475 (+66%) since Feb 2022.
- 1 year
- Up $9,888 +5%
- $218,408$228,296 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New Hope$1,198
- Tennessee$1,737
- United States$1,922
Typical home values in New Hope, TN rose 4.5% over the past year — faster than the nation's +1.2%.
Living in New Hope, Marion County, Tennessee
New Hope is a city of 987 people in Marion County. 90% of its homes are lived in by their owners and 10% are rented. Unemployment in Marion County was 3.9% in August 2026, and the county had 0.1% fewer jobs in 2025 than the year before. The most people in Marion County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. New Hope is a very small city in Marion County, Tennessee, where nearly all homes are lived in by their owners. Few adults here hold a four-year degree, and the typical commute is a short-to-moderate drive. Winters are cold and summers are warm, with plenty of rain and melted snow through the year.
Work. People in New Hope work mostly in schools, hospitals and social care, with others in manufacturing, the building trades and shops. Across Marion County, some of the biggest employers are Marion County Schools, Lodge Manufacturing and Komatsu America. A modest share of residents work from home.
Things to do. The Sequatchie River and Nickajack Lake are in or beside town, which makes the water easy to reach. A short drive away are Russell Cave National Monument, a protected area, and the Bridgeport Depot Museum. For a longer outing, the Tennessee Aquarium is a longer drive away.
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- 8%of adults have a degree
- 24 mintypical commute
- 10%work from home
What people in Marion County work in
Employed residents by industry, from the Census survey. Marion County had 8,350 jobs in 2025, 0.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 48° and lows near 29°; warmest in July, with highs near 88° and lows near 68°. About 60 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Bridgeport Northwest weather station, 8 miles away (NOAA).
Largest workplaces in Marion County
- Lodge ManufacturingFerrous forgings made from purchased iron or steel, unfinished554
- Marion County SchoolsSchool district547FTE
- Komatsu AmericaConstruction machinery manufacturing469
- Valmont Industries333
- WalmartWarehouse clubs and supercenters301
- Ply Gem JasperSiding, plastics, manufacturing293
- Mueller Water ProductsWaterworks and municipal water system valves manufacturing249
- Colonial ChemicalWetting agents manufacturing169
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 21 workplaces with 20 or more staff, 3,254 people in all across the county; New Hope has two of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- Strong windVery high
- Cold wavesVery high
- Winter weatherRelatively high
- Inland floodingRelatively high
- DroughtRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in New Hope’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Marion County and the Chattanooga, TN-GA metro.
New Hope home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- New Hope$228,296
- Tennessee$330,844
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a New Hope address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls New Hope — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.