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Spring Hope, 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
1,387
Population
$38,393
Median Income
$161,000
Home Value
53.4
Median Age

Demographics

Spring Hope has a population of 1,387 with a median age of 53.4. Here is the racial and ethnic breakdown of the population:

White
43.4%
Black
43.3%
Hispanic
11.5%
Other
1.8%
Demographic Value
Total Population1,387
Median Age53.4
White43.4%
Black or African American43.3%
Hispanic or Latino11.5%
Other / Two or More Races1.8%
Spring Hope, North Carolina — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 43.4%Black: 43.3%Hispanic/Latino: 11.5%Other: 1.8%1,387PopulationWhiteWhite43.4%BlackBlack43.3%Hispanic/LatinoHispanic/Latino11.5%OtherOther1.8%

Income & Economy

The median household income in Spring Hope is $38,393, which is 52.4% below the national median of $80,610. The per capita income is $31,051. The poverty rate is 11.1%.

$38,393
Median Household Income
$31,051
Per Capita Income
11.1%
Poverty Rate

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Education

In Spring Hope, 77.9% of residents age 25+ have a high school diploma or higher, and 8.7% hold a bachelor's degree or higher (4.9% with a graduate or professional degree).

HS Diploma+
77.9%
Bachelor's+
8.7%
Graduate+
4.9%
Education Level % of Adults (25+)
High School Diploma or Higher77.9%
Bachelor's Degree or Higher8.7%
Graduate or Professional Degree4.9%

Housing

The median home value in Spring Hope is $161,000, below the national median of $303,400. The median monthly rent is $763. The homeownership rate is 52.2%.

$161,000
Median Home Value
$763/mo
Median Rent
52.2%
Homeownership Rate
Housing Metric Value
Median Home Value$161,000
Median Monthly Rent$763
Homeownership Rate52.2%
Vacancy Rate9.0%

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 Spring Hope, North Carolina?
The population of Spring Hope, North Carolina is 1,387 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Spring Hope, North Carolina?
The median household income in Spring Hope, North Carolina is $38,393. This is 52.4% below the national median of $80,610.
What is the median home value in Spring Hope, North Carolina?
The median home value in Spring Hope, North Carolina is $161,000. The median monthly rent is $763.
What percentage of people in Spring Hope have a college degree?
In Spring Hope, North Carolina, 8.7% of adults age 25 and older hold a bachelor's degree or higher, and 77.9% have a high school diploma or higher.
Is Spring Hope, North Carolina an affordable place to live?
The home price-to-income ratio in Spring Hope, North Carolina is 4.2x (median home value $161,000 vs. median income $38,393), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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