Hope, AR Profile: Facts & Data

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Hope, Arkansas - Basic Facts

The City of Hope had a population of 9,582 as of July 1, 2019. Hope ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.

The primary coordinate point for Hope is located at latitude 33.6671 and longitude -93.5916 in Hempstead County. The formal boundaries for the City of Hope encompass a land area of 10.01 sq. miles and a water area of 0.08 sq. miles. Hempstead County is in the Central time zone (GMT -6). The elevation is 354 feet.

The City of Hope (GNIS ID: 2404726) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Hope is located within Township of De Roan, a minor civil division (MCD) of Hempstead County.


Jump to... (On This Page!)
  1. Hope 2019 Demographic Data
  2. Growth Rates for Hope (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Arkansas Research Tools (Easy Tools & Current Data)
  3. Arkansas Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Hope, AR Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Hope, AR Housing Affordability Index is 223
State of Arkansas Housing Affordability Index is 177
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Hope, AR Wealth Index is 37
State of Arkansas Wealth Index is 67
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Arkansas COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 9,582
Population in Households 9,296
Population in Families 7,563
Population in Group Qrtrs 286
Population Density 897
Diversity Index1 78
 

INCOME

Median Household Income $32,583
Average Household Income $44,747
Per Capita Income $16,803
Wealth Index3 37

HOUSING

Total Housing Units 4,136 (100%)
Owner Occupied HU 1,928 (46.6%)
Renter Occupied HU 1,657 (40.1%)
Vacant Housing Units 552 (13.3%)
Median Home Value $79,410
Housing Affordability Index2 223
 

HOUSEHOLDS

Total Households 3,584
Average Household Size 2.59
Family Households 2,354
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.59% -0.57%
Households -0.54% -0.53%
Families -0.69% -0.7%
Median Household Income   2.16%
Per Capita Income   2.51%

Hope, AR - Peer Comparisons by Rank and Percentile

The table below compares Hope to the other 540 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 41 93rd
Population Density # 91 83rd
Diversity Index # 5 99th
Median Household Income # 442 18th
Per Capita Income # 496 8th

Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.

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Arkansas Census Data Comparison Tool

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