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Hope Mills, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
17,939
Population
$65,774
Median Income
$190,600
Home Value
34.0
Median Age

Demographics

Hope Mills has a population of 17,939 with a median age of 34.0. Here is the racial and ethnic breakdown of the population:

White
45.0%
Black
34.0%
Hispanic
16.4%
Other
2.6%
Asian
2.0%
Demographic Value
Total Population17,939
Median Age34.0
White45.0%
Black or African American34.0%
Asian2.0%
Hispanic or Latino16.4%
Other / Two or More Races2.6%
Hope Mills, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 45.0%Black: 34.0%Hispanic/Latino: 16.4%Other: 2.6%Asian: 2.0%17,939PopulationWhiteWhite45.0%BlackBlack34.0%Hispanic/LatinoHispanic/Latino16.4%OtherOther2.6%AsianAsian2.0%

Income & Economy

The median household income in Hope Mills is $65,774, which is 18.4% below the national median of $80,610. The per capita income is $32,051. The poverty rate is 14.1%.

$65,774
Median Household Income
$32,051
Per Capita Income
14.1%
Poverty Rate

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Education

In Hope Mills, 93.1% of residents age 25+ have a high school diploma or higher, and 23.4% hold a bachelor's degree or higher (7.5% with a graduate or professional degree).

HS Diploma+
93.1%
Bachelor's+
23.4%
Graduate+
7.5%
Education Level % of Adults (25+)
High School Diploma or Higher93.1%
Bachelor's Degree or Higher23.4%
Graduate or Professional Degree7.5%

Housing

The median home value in Hope Mills is $190,600, below the national median of $303,400. The median monthly rent is $1,141. The homeownership rate is 66.5%.

$190,600
Median Home Value
$1,141/mo
Median Rent
66.5%
Homeownership Rate
Housing Metric Value
Median Home Value$190,600
Median Monthly Rent$1,141
Homeownership Rate66.5%
Vacancy Rate4.5%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Hope Mills, North Carolina?
The population of Hope Mills, North Carolina is 17,939 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hope Mills, North Carolina?
The median household income in Hope Mills, North Carolina is $65,774. This is 18.4% below the national median of $80,610.
What is the median home value in Hope Mills, North Carolina?
The median home value in Hope Mills, North Carolina is $190,600. The median monthly rent is $1,141.
What percentage of people in Hope Mills have a college degree?
In Hope Mills, North Carolina, 23.4% of adults age 25 and older hold a bachelor's degree or higher, and 93.1% have a high school diploma or higher.
Is Hope Mills, North Carolina an affordable place to live?
The home price-to-income ratio in Hope Mills, North Carolina is 2.9x (median home value $190,600 vs. median income $65,774), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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