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Hope, NM

Full City Profile · New Mexico · Eddy County County

3.3 /5.0
B Good
99 Population 81/sq mi density
$103,393 Median Income $48,248 per capita
62°F Avg Temperature 330 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$103,393 median income, 0.0% unemployment
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.5 / 5.0
18.4% bachelor's degree or higher

Housing Overview

Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
58
Median year built: 1951

Ownership vs. Renting

100.0%
Owner-Occupied
0.0%
Renter-Occupied
100%
0%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo

Affordability & Housing Stock

Rent Burden
23.4%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
100.0%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$241,972

Rent

FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Ownership & Stock

Owner-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units58
Median Year Built1951
Rent Burden23.4%