Hope, NJ

Full City Profile · New Jersey · Morris County County

3.9 /5.0
B+ Good
214 Population 293/sq mi density
$78,750 Median Income $37,974 per capita
$312,500 Home Value $464,617 Zillow
$1,303 Median Rent 19.2% income on rent
51°F Avg Temperature
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

Hope, NJ

At a Glance

Median Income
$78,750
5% above
$37,974 per capita
Home Value
$312,500
11% above
Zillow: $464,617
Median Rent
$1,303/mo
12% above
19.2% of income on rent
Bachelor's Degree+
21.3%
37% below
83.7% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
31.5%
2% below
12.1% smoking rate
Avg Temperature
51°F

How Hope Compares to the U.S. Average

Each bar shows Hope's value as a percentage of the national average (100% = U.S. avg)

Income
105%
Home Value
111%
Rent
112%
Poverty
0%
Bachelor's
63%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Hope a Good Place to Live?

B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Hope residents earn a median household income of $78,750 , which is 5% above the national average of $75,149. Per capita income is $37,974. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 18,002 business establishments, including 1,349 restaurants.

Housing & Cost of Living

The median home value in Hope is $312,500 , 11% above the national median of $281,900. Zillow estimates the typical home at $464,617. Median rent is $1,303/month, with 19.2% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1958.

Education

21.3% of adults in Hope hold a bachelor's degree or higher (37% below the national average). 83.7% have completed high school. Local schools score 7.5/10 in standardized testing.

Climate & Weather

Hope has an average annual temperature of 51°F (10°C). Winters average 27°F in January while summers reach 73°F in July. Annual precipitation totals 48.8 inches. Air quality is rated Good with a median AQI of 37.

Data Overview

People

Population214
Median Age54.6 yrs
Density293/mi²
Male / Female55% / 45%
Foreign Born26.2%
Veterans0.0%

Economy

A+
Median Income$78,750
Per Capita$37,974
Unemployment0.0%
Poverty0.0%
County GDP$74,395M
Avg Weekly Wage$1,946

Housing

A
Home Value$312,500
Rent$1,303
Ownership54.3%
Zillow$464,617
Housing Units110
Rent Burden19.2%

Health

Obesity31.5%
Diabetes7.7%
Smoking12.1%
Heart Disease4.9%
Premature Death4,240/100K

Climate

Avg Temp51°F
Rain48.8 in/yr
AQI37 (Good)
Elevation452 ft

Education

C+
Bachelor's+21.3%
High School+83.7%
Graduate+4.7%
School Score7.5/10

Community

2024 VoteR 50% / D 48%
Commute24 min
Broadband100.0%
Internet Speed105 Mbps
EV Stations1
Libraries37

Did You Know?

The median home in Hope was built in 1958.
The nearest airport is Pocono Mountains Regional (27 miles).
The Gini coefficient (income inequality) is 0.461 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
14.5% of the population has a disability.
26.2% of residents are foreign-born.
Average internet download speed is 105 Mbps.
There are 1,349 restaurants in the area.
The county recorded 19 fatal vehicle crashes.