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Homestead Meadows North, TX vs New Hope, TN

Homestead Meadows North

Texas

vs

New Hope

Tennessee

Across 28 directional measures we can compare, Homestead Meadows North leads on 6 and New Hope on 22. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 12% higher in Homestead Meadows North, while median household income is higher in New Hope.

Median gross rent
$865$775
Homestead Meadows North is 12% higher
Median household income
$63,088$77,727
Homestead Meadows North is 19% lower
Median home value
$192,800$179,600
Homestead Meadows North is 7% higher

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $56,200 a year left in Homestead Meadows North and $72,400 in New Hope. Money goes further in New Hope, by about $16,200 a year.
  • A household earning Homestead Meadows North's median of $63,088 would need about $62,500 in New Hope to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, pay outran rent by 9.1 points a year in Homestead Meadows North, and pay outran rent by 7.1 points a year in New Hope.

How these are calculated

TexasTennesseeNew Hope, TNHomestead Meadows North, TXHomestead Meadows NorthNew HopeHomestead Meadows NorthNew Hope

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 1 of 1 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Homestead Meadows North, TXComposite 31.2 / 100
9
78294n/a49n/a

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureHomestead Meadows NorthNew HopeAmong all places
Cost of living
Median gross rent1$865$775
Rent to income116.5%12.0%
Property tax rate11.1%0.4%
Home price to income13.1x2.3x
Prices vs US average289.991.5
Fair market rent, 2 bedrooms3$1,146$1,340
Housing
Property tax paid (median)1$2,053$740
Median home value1$192,800$179,600
Home prices, 1-year change42.9%6.3%
Home prices, 5-year change456.5%79.4%
Homeownership186.7%89.7%
Renters paying 30%+153.6%41.4%
Owner costs with a mortgage1$2,197$1,024
Vacant homes18.2%15.6%
Median year built119961983
Jobs and income
Median household income1$63,088$77,727
Income per person1$18,755$28,994
Unemployment16.0%7.1%
Average annual pay5$51,515$53,026
Pay growth, 1 year52.6%4.1%
Jobs5338,0168,350
Poverty rate120.5%23.0%
Mean commute137 min24 min
Works from home113.1%10.2%
Commutes by transit10.0%0.0%
People
Population15,795862
Population change since 20206n/a-2.8%
Median age137.438.9
Bachelor's or higher111.4%7.9%
High school or higher163.6%83.8%
Household size13.62.5
Born abroad134.4%0.0%
No health insurance124.5%8.3%
Homes with broadband189.4%94.3%
Moving
Moved here in the past year12.1%7.3%
Moved from another state12.5%0.0%
Net movers per 1,000 people7-5.114.0
Income of households moving in7$53,938$78,029
Income of households moving out7$57,837$54,490
Local life
Restaurants and bars per 10k820.819.1
Shops per 10k825.634.9
Arts, recreation and fitness per 10k82.61.4
Doctors' offices and clinics per 10k818.213.0
Child care centers per 10k81.81.4
Parks per 10k90.0n/a
Playgrounds per 10k90.0n/a
Grocery stores per 10k90.0n/a
Restaurants, cafes and bars per 10k90.0n/a
Libraries per 10k90.0n/a
Named paths and bike trails90.9n/a
Transit stops per sq mi90.0n/a
Nearest National Park Service site1017.5n/a
National Park Service sites within 60 miles101n/a
National Register listings117119
Schools
Public schools1224913
Public school students12165,4044,027
Students per teacher1215.7n/a
Climate
July average high1396°F86°F
January average low1331°F29°F
Average temperature1364°F59°F
Annual precipitation139.5 in61.5 in
Hazards and air
Natural hazard risk1495.558.2
Hurricane risk1441.137.7
Tornado risk1434.881.8
Wildfire risk1471.059.7
Heat wave risk1498.727.5
Median air quality index157049
Good air days1518.1%51.0%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Homestead Meadows North $34,600, New Hope $31,000 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. Population Estimates · US Census Bureau · Vintage 2025
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

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