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New Hope City, Alabama Economic Analysis

   (County: Madison County)

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Economic Analysis

People and the communities they live in depend on money. The people of New Hope City, Alabama need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Alabama

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.59 6.72 4.34 5.61 0.00 5.57
  Total Electric Industry 6.59 6.72 4.34 5.61 0.00 5.57
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.81 4.37 5.77 0.00 5.64
  Total Electric Industry 6.69 6.81 4.37 5.77 0.00 5.64
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.85 4.29 5.84 0.00 5.57
  Total Electric Industry 6.69 6.85 4.29 5.84 0.00 5.57
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.82 6.93 4.34 5.89 0.00 5.67
  Total Electric Industry 6.82 6.93 4.34 5.89 0.00 5.67
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.76 4.12 6.28 0.00 5.48
  Total Electric Industry 6.69 6.76 4.12 6.28 0.00 5.48
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.71 6.73 4.05 7.35 0.00 5.47
  Total Electric Industry 6.71 6.73 4.05 7.35 0.00 5.47
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.63 6.49 3.90 6.82 0.00 5.35
  Total Electric Industry 6.63 6.49 3.90 6.82 0.00 5.35
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.74 6.34 3.71 6.47 0.00 5.33
  Total Electric Industry 6.74 6.34 3.71 6.47 0.00 5.33
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.94 6.54 3.89 7.26 0.00 5.56
  Total Electric Industry 6.94 6.54 3.89 7.26 0.00 5.56
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.03 6.54 3.82 7.02 0.00 5.54
  Total Electric Industry 7.03 6.54 3.82 7.02 0.00 5.54
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.05 6.58 3.87 7.12 0.00 5.61
  Total Electric Industry 7.05 6.58 3.87 7.12 0.00 5.61
2001              
  Full-Service Providers 7.01 6.53 3.79 7.11 0.00 5.60
  Total Electric Industry 7.01 6.53 3.79 7.11 0.00 5.60
2002              
  Full-Service Providers 7.12 6.63 3.82 7.46 0.00 5.71
  Total Electric Industry 7.12 6.63 3.82 7.46 0.00 5.71
2003              
  Full-Service Providers 7.39 6.85 3.98 0.00 0.00 5.88
  Total Electric Industry 7.39 6.85 3.98 0.00 0.00 5.88
2004              
  Full-Service Providers 7.62 7.12 4.15 0.00 0.00 6.08
  Total Electric Industry 7.62 7.12 4.15 0.00 0.00 6.08
2005              
  Full-Service Providers 8.00 7.50 4.52 0.00 0.00 6.46
  Total Electric Industry 8.00 7.50 4.52 0.00 0.00 6.46
2006              
  Full-Service Providers 8.75 8.18 4.90 0.00 0.00 7.07
  Total Electric Industry 8.75 8.18 4.90 0.00 0.00 7.07

(updated 2006)



Time Leaving to Work in New Hope City, Alabama

12:00 A.M. TO 4:59 A.M.   : 55   (4.5%)
5:00 A.M. TO 5:29 A.M.   : 91   (7.4%)
5:30 A.M. TO 5:59 A.M.   : 59   (4.8%)
6:00 A.M. TO 6:29 A.M.   : 186   (15.2%)
6:30 A.M. TO 6:59 A.M.   : 158   (12.9%)
7:00 A.M. TO 7:29 A.M.   : 186   (15.2%)
7:30 A.M. TO 7:59 A.M.   : 137   (11.2%)
8:00 A.M. TO 8:29 A.M.   : 120   (9.8%)
8:30 A.M. TO 8:59 A.M.   : 39   (3.2%)
9:00 A.M. TO 9:59 A.M.   : 20   (1.6%)
10:00 A.M. TO 10:59 A.M.   : 9   (0.7%)
11:00 A.M. TO 11:59 A.M.   : 19   (1.5%)
12:00 P.M. TO 3:59 P.M.   : 77   (6.3%)
4:00 P.M. TO 11:59 P.M.   : 71   (5.8%)


(updated 2010)



Means Of Transportation
(New Hope City, Alabama)

Car, truck, or van:

Drove alone : 1,030

Carpooled:

In 2-person carpool : 97

In 3-person carpool : 30

In 4-person carpool : 22

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 0

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 6

Other means : 22

Worked at home : 19


(updated 2009)



Travel Time To Work
(New Hope City, Alabama)

Less than 5 minutes : 27

5 to 9 minutes : 84

10 to 14 minutes : 93

15 to 19 minutes : 102

20 to 24 minutes : 165

25 to 29 minutes : 100

30 to 34 minutes : 355

35 to 39 minutes : 60

40 to 44 minutes : 70

45 to 59 minutes : 113

60 to 89 minutes : 15

90 or more minutes : 23


(updated 2009)



Social Security Income In The Past 12 Months For Households
(New Hope City, Alabama)

With Social Security income : 397

No Social Security income : 744


(updated 2009)



Retirement Income In The Past 12 Months For Households
(New Hope City, Alabama)

With retirement income : 190

No retirement income : 951


(updated 2009)



Family Income (Annual)
(New Hope City, Alabama)

Less than $10,000 : 19

$10,000 to $14,999 : 11

$15,000 to $19,999 : 25

$20,000 to $24,999 : 21

$25,000 to $29,999 : 63

$30,000 to $34,999 : 56

$35,000 to $39,999 : 64

$40,000 to $44,999 : 64

$45,000 to $49,999 : 35

$50,000 to $59,999 : 75

$60,000 to $74,999 : 178

$75,000 to $99,999 : 104

$100,000 to $124,999 : 48

$125,000 to $149,999 : 13

$150,000 to $199,999 : 0

$200,000 or more : 0


(updated 2009)



Median Family Income (Annual)
(New Hope City, Alabama)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $53,500


(updated 2009)



AM Radio Stations Near New Hope City, Alabama

  • WDJL (1000 AM; 1.1 kW; Huntsville, AL; Owner: James K. Sharp Dba 5th Ave Broadcasting)
  • WWIC (1050 AM; 1.0 kW; Scottsboro, AL; Owner: Scottsboro Broadcasting Co., Inc.)
  • WWGC (1090 AM; 0.5 kW; Guntersville, AL; Owner: Quality Properites, Llc)
  • WBXR (1140 AM; 7.5 kW; Hazel Green, AL; Owner: New England Communications, Inc.)
  • WBHP (1230 AM; 1.0 kW; Huntsville, AL; Owner: Capstar Tx Limited Partnership)
  • WGSV (1270 AM; 1.0 kW; Guntersville, AL; Owner: Guntersville Broadcasting Company, Inc.)
  • WBSA (1300 AM; 1.0 kW; Boaz, AL; Owner: Watkins Broadcasting, Inc.)
  • WQAH (1310 AM; 1.0 kW; Decatur, AL; Owner: Abercrombie Broadcasting Company)
  • WZCT (1330 AM; 5.0 kW; Scottsboro, AL; Owner: Bonner And Carlile Enterprises)
  • WFMH (1340 AM; 0.67 kW; Cullman, AL; Owner: Williams Communications)
  • WRAB (1380 AM; 1.0 kW; Arab, AL; Owner: Reed Broadcasting, Llc)
  • WWTM (1400 AM; 1.0 kW; Decatur, AL; Owner: R & B Communications, Inc)
  • WTKI (1450 AM; 1.0 kW; Huntsville, AL; Owner: Christian Voice Of Central Ohio, Inc.)
  • WMCJ (1460 AM; 5.0 kW; Cullman, AL; Owner: Williams Communications, Inc.)
  • WDPT (1490 AM; 1.0 kW; Decatur, AL; Owner: Christian Voice Of Central Ohio, Inc.)
  • WVSM (1500 AM; 1.0 kW; Rainsville, AL; Owner: Sand Mountain Advertising Co., Inc.)
  • WLOR (1550 AM; 0.5 kW; Huntsville, AL; Owner: Bca)
  • NEW (1600 AM; 0.25 kW; Huntsville, AL; Owner: Lexington Broadcasters, Inc.)
  • WHIY (1600 AM; 5.0 kW; Huntsville, AL; Owner: Hundley Batts, Sr. & Virginia Caples)
  • WEUP (1700 AM; 10.0 kW; Huntsville, AL; Owner: Hundley Batts, Sr. & Virginia Caples)
  • WAVU (630 AM; 1.0 kW; Boaz, AL; Owner: Sand Mountain Broadcasting Service, Inc.)
  • WUMP (730 AM; 1.0 kW; Madison, AL; Owner: Cumulus Licensing Llc)
  • WHOS (800 AM; 1.0 kW; Decatur, AL; Owner: Capstar Tx Limited Partnership)
  • WYAM (890 AM; 2.5 kW; Decatur, AL; Owner: Decatur Communications Properties, Llc)

FM Radio Stations Near New Hope City, Alabama

  • WQRV (100.3 FM; Huntsville, AL; Owner: Cc Licenses, Llc)
  • WDRM (102.1 FM; Huntsville, AL; Owner: Capstar Tx Limited Partnership)
  • WHWT (103.5 FM; Huntsville, AL; Owner: Stroh Communications Corp.)
  • WZYP (104.3 FM; Harvest, AL; Owner: Cumulus Licensing Llc)
  • WTAK-FM (106.1 FM; Laceys Spring, AL; Owner: Capstar Tx Limited Partnership)
  • WAYH (88.1 FM; Harvest, AL; Owner: Way-fm Media Group, Inc.)
  • NEW (88.3 FM; Cullman, AL; Owner: Centro Comunitario Juvenil Mahanaim, Inc.)
  • WJIA (88.5 FM; Grant, AL; Owner: Lake City Educational Broadcasting Inc.)
  • WLRH (89.3 FM; Huntsville, AL; Owner: Alabama Educational Television Commission)
  • WJOU (90.1 FM; Huntsville, AL; Owner: Oakwood College)
  • WYFD (91.7 FM; Huntsville, AL; Owner: Bible Broadcasting Network, Inc.)
  • WKUL (92.1 FM; Cullman, AL; Owner: Jonathan Christian Corp.)
  • WAFN-FM (92.7 FM; Arab, AL; Owner: Fun Media Group, Inc.)
  • WAFN-FM (92.7 FM; Arab, AL; Owner: Fun Media Group, Inc.)
  • WWFF-FM (93.3 FM; Huntsville, AL; Owner: Cumulus Licensing Llc)
  • WHRP (94.1 FM; Huntsville, AL; Owner: Cumulus Licensing Llc)
  • WRTT-FM (95.1 FM; Huntsville, AL; Owner: Bca)
  • WTWX-FM (95.9 FM; Guntersville, AL; Owner: Guntersville Broadcasting Company, Inc.)
  • WRSA-FM (96.9 FM; Laceys Spring, AL; Owner: Nca, Inc.)
  • WKEA-FM (98.3 FM; Section, AL; Owner: Kea Radio, Inc.)
  • WAHR (99.1 FM; Huntsville, AL; Owner: Bca)
  • WRJL-FM (99.9 FM; Eva, AL; Owner: Rojo, Inc.)

TV Broadcast Stations Near New Hope City, Alabama

  • WHNT-TV (Channel 19; Huntsville, AL; Owner: Local Tv Alabama License, Llc)
  • WHIQ (Channel 25; Huntsville, AL; Owner: Alabama Educational Television Commission)
  • WAAY-TV (Channel 31; Huntsville, AL; Owner: Waay-tv License Llc)
  • WAFF (Channel 48; Huntsville, AL; Owner: Waff License Subsidiary, Llc)
  • WZDX (Channel 54; Huntsville, AL; Owner: Huntsville Television Acquisition Licensing Llc)
  • WZDX (Channel 54; Huntsville, AL; Owner: Huntsville Television Acquisition Licensing Llc)

(updated 2008)



Occupations in New Hope City, Alabama

Male:


  • Management, Professional, And Related Occupations: 108  (15.1%)
  • Service Occupations: 91  (12.7%)
  • Sales And Office Occupations: 86  (12.0%)
  • Farming, Fishing, And Forestry Occupations 5  (0.7%)
  • Construction, Extraction, And Maintenance Occupations: 217  (30.3%)

Female:


  • Management, Professional, And Related Occupations: 97  (17.6%)
  • Service Occupations: 72  (13.1%)
  • Sales And Office Occupations: 242  (44.0%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 12  (2.2%)


(updated 2010)





There are 102 Farms In New Hope City, Alabama


(updated 2008)



Banks In New Hope City, Alabama

Cadence Bank, N.a. - 1 Branches


    Bank Assets: $7m
    Industry Specialization: Commercial Lending
    Total Offices: 98

Citizens Bank & Trust - 1 Branches


    Bank Assets: $330.1k
    Industry Specialization: Commercial Lending
    Total Offices: 10

(updated 2014)







Airports Near New Hope City, Alabama

  • Redstone AAF


    (about 18.3 miles in Huntsville, Alabama; Airport Code: HUA)

  • Huntsville International-Carl T Jones Field


    (about 21.7 miles in Huntsville, Alabama; Airport Code: HSV)

  • Albertville Regional-Thomas J Brumlik Field


    (about 23.1 miles in Albertville, Alabama; Airport Code: AL1)

  • Madison County Executive/Tom Sharp Jr. Field


    (about 23.8 miles in Meridianville, Alabama; Airport Code: AL3)

  • Pryor Field Regional


    (about 31.4 miles in Tanner, Alabama; Airport Code: DCU)

  • Gadsen Municipal


    (about 43.2 miles in Gadsden, Alabama; Airport Code: GAD)

  • Northeast Alabama Regional


    (about 43.2 miles in Gadsden, Alabama; Airport Code: GAD)

  • Winchester Municipal


    (about 47.6 miles in Winchester, Tennessee; Airport Code: TN7)

  • Franklin County


    (about 54.5 miles in Sewanee, Tennessee; Airport Code: UOS)

  • Abernathy Field


    (about 56.1 miles in Pulaski, Tennessee; Airport Code: TN4)


(updated 2015)



Modes of Transportation in New Hope City, Alabama

Car, Truck, Or Van:

 

Drove Alone

76.78%

Carpooled

18.25%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.32%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

1.44%

Other Means

1.44%

Worked At Home

1.76%



(updated 2010)





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