Hope Valley is home to 9,153 people in Durham. 73% of adults hold a bachelor's degree, against 36% nationally. Households here earn about 81% more than in Durham as a whole. At a median age of 45.7, this is an older place than the country as a whole. Owners hold 83% of the housing stock. Households take in $147,684 a year at the median, 80% more than the country as a whole. These figures are approximated by combining the 2 census tracts that make up Hope Valley; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 45.7
US median: 38.9
More educated
73% hold a bachelor's degree
US average: 36%
Owner-heavy
83% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
9,153
Population density
2,124 / sq mi
US average: 281
Median age
45.7
US average: 38.9
Land area
4.31 sq mi
Section 02
Income & economy
Median household income
$147,684
US average: $82,259
Per capita income
$79,936
US average: $44,673
Households earning $100K+
73.5%
US average: 53.3%
Poverty rate
5.5%
US average: 12.5%
Income inequality (Gini)
0.412
US average: 0.476
Workforce by industry, 2024
Other services9.9%
US avg: 6.7%
Wholesale trade7.7%
US avg: 6.9%
Public administration7.6%
US avg: 4.8%
Retail trade6.1%
US avg: 9.9%
Information5.1%
US avg: 10.8%
Finance & insurance3.3%
US avg: 5.9%
Arts, entertainment, food3%
US avg: 1.9%
Professional, scientific, technical2.6%
US avg: 5.1%
Agriculture, forestry, fishing0.7%
US avg: 1.6%
Education & health services0.6%
US avg: 0.9%
Manufacturing0.5%
US avg: 0.4%
Transportation & warehousing0.2%
US avg: 2.2%
Construction0.2%
US avg: 1.2%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$569,145
US average: $376,019
Median gross rent
$1,513
US average: $1,442
Owner-occupied
83.2%
16.8% rent
Vacancy rate
3.5%
US average: 10.0%
Persons per household
2.37 people
US average: 2.54
Owner cost-burdened
18.8%
US average: 22.9%
Renter cost-burdened
35.7%
US average: 47.4%
Afford Score
3.9
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic65.6%(6,005)
Black25%(2,290)
Hispanic / Latino3.4%(314)
Asian2.6%(240)
Other3.3%(304)
2024
White, non-Hispanic65.6%(6,005)
Black25%(2,290)
Hispanic / Latino3.4%(314)
Asian2.6%(240)
Other3.3%(304)
Diversity Score
63
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.