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CITY · 2020 ACS

Hope

Arkansas · 8,952 residents · 10.683 sq mi
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The short version

Hope has notably lower household income than the US average, with a median household income of $39,793. Population has fallen 16% since 2000, a loss of 1,664 residents. 14% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $83,700. At a median age of 34.8, residents skew younger than the country as a whole.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 34.8
US median: 38.8
Less educated
14% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
8,952
−16%since 2000
from 10,616 in 2000
1990 – 2025
Population density
838 / sq mi
−16%since 2000
from 994 / sq mi in 2000
US average: 280
Median age
34.8
+8%since 2000
from 32.3 in 2000
US average: 38.8
Population, 1990 – 2024
8K9K10K10K11K1990201020202024Hope
20249K
1990201020202024
Section 02

Income & economy

Median household income
$39,793
+4%inflation adjusted, since 2000
from $25,385 in 2000
US average: $66,278
1990 – 2024
Per capita income
$21,715
+70%since 2000
from $12,783 in 2000
US average: $35,364
Households earning $100K+
23.7%
+11.5 ptssince 2009
from 12.2% in 2009
US average: 43.9%
Poverty rate
27.1%
−0.1 ptssince 2000
from 27.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade29.6%
US avg: 10%
Information10.4%
US avg: 11.1%
Finance & insurance8.9%
US avg: 5.5%
Professional, scientific, technical7.6%
US avg: 4.7%
Agriculture, forestry, fishing4%
US avg: 1.7%
Construction4%
US avg: 1.2%
Wholesale trade4%
US avg: 6.7%
Other services1.7%
US avg: 6.6%
Public administration1.5%
US avg: 4.7%
Education & health services1.3%
US avg: 0.8%
Transportation & warehousing0.6%
US avg: 2.5%
Arts, entertainment, food0.3%
US avg: 2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$83,700
+17%inflation adjusted, since 2000
from $47,500 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$685
+10%inflation adjusted, since 2000
from $413 in 2000
US average: $1,124
Owner-occupied
51.5%
−3.9 ptssince 2000
from 55.4% in 2000
48.5% rent
Afford Score
2.1
+12%since 2000
from 1.9 in 2000
1990 – 2024
RELATED:See current rent listings in Hope on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic41.8%(4,433)
Black42.9%(4,555)
Hispanic / Latino13.5%(1,431)
Asian0.3%(32)
Other0%
Diversity Score76.4%(8,113)
2020
White, non-Hispanic28.3%(2,530)
Black44.1%(3,950)
Hispanic / Latino23.6%(2,117)
Asian0.3%(25)
Other2.9%(257)
Diversity Score82.9%(7,422)
Diversity Score
83
+8%since 2000
from 76 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.0%
+3.6 ptssince 2000
from 10.3% in 2000
US average: 32.9%
High school or higher
80.4%
+15.1 ptssince 2000
from 65.3% in 2000
US average: 88.5%
Graduate degree
4.7%
+0.6 ptssince 2000
from 4.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
17.5 min
+38%since 2000
from 12.7 min in 2000
US average: 26.9
Drive alone to work
82.1%
+7.6 ptssince 2009
from 74.5% in 2009
US average: 75.1%
No vehicle available
13.6%
−2.6 ptssince 2009
from 16.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.1%
−4.5 ptssince 2011
from 9.6% in 2011
US average: 5.4%
Labor force participation
55.5%
−8.1 ptssince 2011
from 63.5% in 2011
US average: 63.4%
Management & professional
20.3%
−25.0 ptssince 2009
from 45.3% in 2009
US average: 39.3%
Section 08

People & community

Male
44.2%
−5.4 ptssince 2009
from 49.7% in 2009
Female
55.8%
+5.4 ptssince 2009
from 50.3% in 2009
Foreign born
9.2%
−4.6 ptssince 2009
from 13.8% in 2009
US average: 13.5%
Uninsured
9.6%
−70.3 ptssince 2013
from 79.9% in 2013
US average: 8.8%
Drill deeper

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Compare Hope to nearby cities

HOPE VS
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Income$45,835+15%
Home value$170,200+103%
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HOPE VS
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Income$50,573+27%
Home value$171,500+105%
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HOPE VS
Magnolia
Income$56,127+41%
Home value$169,300+102%
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HOPE VS
Camden
Income$49,361+24%
Home value$107,400+28%
Population10,127+20%
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Frequently asked

How many people live in Hope, Arkansas?

Hope, Arkansas has about 8,952 residents according to the 2020 American Community Survey.

What is the median household income in Hope, Arkansas?

The typical household in Hope, Arkansas earns about $39,793 a year. Half of households make more than that, and half make less.

Is Hope, Arkansas expensive?

In Hope, Arkansas, the median home is worth about $83,700, and the typical rent is about $685 a month.

How educated are people in Hope, Arkansas?

About 14.0% of adults age 25 and over in Hope, Arkansas hold a bachelor's degree or higher.

What is the poverty rate in Hope, Arkansas?

About 27.1% of people in Hope, Arkansas live below the federal poverty line.

Has Hope, Arkansas grown since 1990?

Yes, Hope, Arkansas has shrunk since 1990. The population has lost about 684 residents, a change of about -7 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →