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Hope, New Jersey

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
185
Population
$81,477
Median Income
$353,800
Home Value
54.5
Median Age

Demographics

Hope has a population of 185 with a median age of 54.5. Here is the racial and ethnic breakdown of the population:

White
65.9%
Asian
20.5%
Hispanic
9.2%
Black
4.3%
Demographic Value
Total Population185
Median Age54.5
White65.9%
Black or African American4.3%
Asian20.5%
Hispanic or Latino9.2%
Hope, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 66.0%Asian: 20.5%Hispanic/Latino: 9.2%Black: 4.3%185PopulationWhiteWhite66.0%AsianAsian20.5%Hispanic/LatinoHispanic/Latino9.2%BlackBlack4.3%

Income & Economy

The median household income in Hope is $81,477, which is 1.1% above the national median of $80,610. The per capita income is $43,529. The poverty rate is 4.3%.

$81,477
Median Household Income
$43,529
Per Capita Income
4.3%
Poverty Rate

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Education

In Hope, 96.6% of residents age 25+ have a high school diploma or higher, and 26.1% hold a bachelor's degree or higher (8.4% with a graduate or professional degree).

HS Diploma+
96.6%
Bachelor's+
26.1%
Graduate+
8.4%
Education Level % of Adults (25+)
High School Diploma or Higher96.6%
Bachelor's Degree or Higher26.1%
Graduate or Professional Degree8.4%

Housing

The median home value in Hope is $353,800, above the national median of $303,400. The median monthly rent is $1,289. The homeownership rate is 54.5%.

$353,800
Median Home Value
$1,289/mo
Median Rent
54.5%
Homeownership Rate
Housing Metric Value
Median Home Value$353,800
Median Monthly Rent$1,289
Homeownership Rate54.5%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Hope, New Jersey?
The population of Hope, New Jersey is 185 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hope, New Jersey?
The median household income in Hope, New Jersey is $81,477. This is 1.1% above the national median of $80,610.
What is the median home value in Hope, New Jersey?
The median home value in Hope, New Jersey is $353,800. The median monthly rent is $1,289.
What percentage of people in Hope have a college degree?
In Hope, New Jersey, 26.1% of adults age 25 and older hold a bachelor's degree or higher, and 96.6% have a high school diploma or higher.
Is Hope, New Jersey an affordable place to live?
The home price-to-income ratio in Hope, New Jersey is 4.3x (median home value $353,800 vs. median income $81,477), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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