Is Hope a Good Place to Live?
Based on current data, Hope receives an overall livability score of 1.8 out of 5.0, earning a grade of D. Key strengths include abundant sunshine. Areas to be aware of include high housing costs, above-average unemployment. Hope faces significant challenges across several quality-of-life categories.
Economy & Jobs
The median household income in Hope is $64,000, 15% below the national average of $75,149. At 11.5%, unemployment is notably high. 14.3% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Hope is $600,000, making it a premium housing market at 113% above the U.S. median of $281,900. Renters pay a median of $950 per month, below the national average — a plus for affordability. With a home price-to-income ratio of 9.4x, housing affordability is a significant challenge for many families.
Education
6.9% of residents hold a bachelor's degree, below the national average of 33.7%. 34.9% have completed high school.
Climate & Weather
Hope experiences four distinct seasons with an average temperature of 52°F. Winters average 39°F in January while summers reach 70°F in July. The area gets 236 sunny days per year. Annual precipitation totals 50.8 inches, including 121.5 inches of snow.