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Hope, NJ

New Jersey · Metropolitan Area

Hope is a small town in New Jersey with a population of 214. Residents earn $78,750 per year, which is 5% above the national average.

3.9 /5.0
B+ Good
214 Population 293/sq mi density
$78,750 Median Income $37,974 per capita
$312,500 Home Value
$1,303 Median Rent 19.2% income on rent
52°F Avg Temperature 271 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$78,750 median income, 0.0% unemployment
A
Affordability
4.4 / 5.0
$312,500 home value, $1,303/mo rent
C+
Education
2.7 / 5.0
21.3% bachelor's degree or higher
Median Income $78,750
5% higher than US avg
Home Value $312,500
11% higher than US avg
Bachelor's+ 21.3%
37% lower than US avg
Median Rent $1,303
12% higher than US avg
Obesity Rate 31.5%
2% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 1.4%
89% lower than US avg

How Hope Compares to the U.S. Average (100% = U.S. avg)

People

Population214
Median Age54.6 yrs
Density293/mi²
Male / Female55% / 45%
Largest GroupWhite 75%
Veterans0.0%

Economy

A+
Median Income$78,750
Per Capita$37,974
Unemployment0.0%
Poverty1.4%
County GDP$74,395M
Commute24 min

Housing

A
Home Value$312,500
Rent$1,303
OwnershipN/A
Housing Units110
Rent Burden19.2%

Health

Obesity31.5%
Uninsured9.2%
Smoking12.1%
Depression19.5%
Heart Disease4.9%

Climate

Avg Temp52°F (11°C)
AQI39 (Good)
Rain50.9 in/yr
Sunny Days271/yr
Elevation452 ft (138 m)

Education

C+
Bachelor's+21.3%
High School+83.7%
Graduate+4.7%
School Score6.24

Community

2024 VoteR 50% / D 48%
Commute24 min
Broadband92.0%
EV Stations1
Libraries37

Is Hope a Good Place to Live?

Based on current data, Hope receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include low unemployment, abundant sunshine, a low poverty rate. Hope offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Hope is $78,750, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 1.4% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 24 minutes.

Cost of Living & Housing

The median home value in Hope is $312,500, 11% above the national median. Renters pay a median of $1,303 per month. A price-to-income ratio of 4x indicates a reasonably affordable housing market.

Education

21.3% of residents hold a bachelor's degree, below the national average of 33.7%. 83.7% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Hope experiences four distinct seasons with an average temperature of 52°F. Winters average 29°F in January while summers reach 75°F in July. With 271 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 50.9 inches, including 27.1 inches of snow. Air quality is rated Good with a median AQI of 39.

Hope has a population of 214 with a density of 293 people per square mile. The median age is 54.6 years, 40% older than the national median of 38.9. The city is predominantly White (75.2%), with 4.2% Black.

Population

214
Total Population
293
People / sq mi
54.6yrs
Median Age
40% above US avg
0.7mi²
Land Area

Gender Distribution

Male 54.7%
Female 45.3%

Race & Ethnicity

Hope vs U.S. Average

Language Spoken at Home

English Only66.2%
16% below US avg
Spanish33.8%
152% above US avg

Social Characteristics

Hope vs U.S. Average

The median household income in Hope is $78,750, which is 5% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 1.4% of residents live below the poverty line. Workers commute an average of 24 minutes.

Income: Hope vs U.S.

Commute Mode

Income

Median HH Income$78,750
5% above US avg
Per Capita Income$37,974
Avg Weekly Wage$1,946
IRS Avg AGI$156,784

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate1.4%
89% below US avg
Establishments (County)18,002
County GDP$74,395M

Business (County)

Restaurants1,349
Healthcare1,822
Retail1,639
Manufacturing496

Tax & Cost of Living

Property Tax (IRS)$13,570
288% above US avg
Cost of Living108.80 (100=avg)
Effective Tax Rate4.34%

Commute & Transportation

Commute Time24.1 min
Drive Alone70.2%
Public Transit5.6%
Work from Home0.0%

Walkability

The median home value in Hope is $312,500, 11% above the national average. Monthly rent averages $1,303 (12% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$312,500
11% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,303
12% above US avg
Rent Burden19.2%

HUD Fair Market Rent

Studio$1,599
1 Bedroom$1,759
2 Bedrooms$2,132
3 Bedrooms$2,658
4 Bedrooms$3,005

Ownership & Property

Owner-Occupied54.3%
Housing Units110
Median Year Built1958

Property Tax

Avg Tax (IRS)$13,570
288% above US avg
Effective Rate4.34%
In Hope, 31.5% of adults are obese (below the 32.1% national rate). 9.2% of residents lack health insurance. 12.1% are current smokers. 19.5% report depression. 22.6% are physically inactive.

Health Metrics: Hope vs U.S. Average (%)

Chronic Conditions

Obesity31.5%
2% below US avg
Diabetes7.7%
Heart Disease4.9%
High Blood Pressure28.5%
Asthma9.4%
COPD4.7%
Cancer7.3%
Stroke2.5%

Behaviors & Mental Health

Smoking12.1%
14% below US avg
Binge Drinking19.3%
Physical Inactivity22.6%
Depression19.5%
Mental Distress17.2%
Physical Distress11.6%
Short Sleep38.6%

Healthcare Access

Insurance Rate79.0%
Uninsured9.2%
7% above US avg
Checkup Rate73.9%
Dental Visits65.8%
Premature Death4,240/100K

Food & Exercise

Food Environment9.4/10
Exercise Access98.5%
Healthcare Facilities1,822
Hope has an average annual temperature of 52°F (11°C). Winters average 29°F in January while summers reach 75°F in July. Annual precipitation is 50.9 inches. The area enjoys 271 sunny days per year. Air quality is rated Good with a median AQI of 39.

Temperature

29°F Jan (-2°C) 75°F Jul (24°C)
Annual Average52.1°F
4% below US avg
January Average29°F (-2°C)
July Average75°F (24°C)
Sunny Days271 days/yr

Precipitation & Snow

Annual Rainfall50.9 inches
34% above US avg
Snowfall27.1 inches/yr

Air Quality

AQI Median39.0
RatingGood

Geography

Elevation452 ft (138 m)
Area0.7 sq mi (1.9 km²)
Population Density293/sq mi
Coordinates40.9121°N, 74.9589°W
TimezoneAmerica/New_York
County FIPS34027
It is classified as Metro — 1 million+. 21.3% of residents hold a bachelor's degree or higher (37% below US avg). In the 2024 election, the county voted Republican by a 2.7-point margin. 92.0% of households have broadband internet.

2024 Presidential Election (County)

R 50.4%
D 47.7%

Winner: Republican by 2.7 points

Education

Bachelor's Degree+21.3%
37% below US avg
High School+83.7%
Graduate Degree+4.7%
School Test Score6.24
C+ Education Grade (2.7/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density293/sq mi
Total Area0.7 sq mi

Infrastructure & Services

Broadband Access92.0%
EV Charging Stations1
Alt Fuel Stations1
Public Libraries37
Healthcare Facilities1,822
Restaurants1,349
Retail Stores1,639

Safety & Disasters

Fatal Crashes (County/yr)19

Commute & Transportation

Avg Commute24.1 min
Drive Alone70.2%
Public Transit5.6%
Work from Home0.0%

Nearby Cities

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