At a Glance
Median Income
$87,927
$64,619 per capita
Home Value
$387,800
Zillow: $484,472
Median Rent
$1,745/mo
28.1% of income on rent
Bachelor's Degree+
55.8%
96.6% high school+
Unemployment
5.9%
2.1% poverty rate
Obesity Rate
23.3%
8.8% smoking rate
How Mount Hope Compares to the U.S. Average
Each bar shows Mount Hope's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Mount Hope a Good Place to Live?
A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Mount Hope residents earn a median household income of $87,927 , which is 17% above the national average of $75,149.
Per capita income is $64,619. The unemployment rate stands at 5.9% (64% above the U.S. rate of 3.6%). 2.1% 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 Mount Hope is $387,800 , 38% above the national median of $281,900.
Zillow estimates the typical home at $484,472. Median rent is $1,745/month, with 28.1% 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 2000.
Education
55.8% of adults in Mount Hope hold a bachelor's degree or higher
(66% above the national average).
96.6% have completed high school. Local schools score 7.5/10 in standardized testing.
Climate & Weather
Mount 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
Population3,082
Median Age60.5 yrs
Density1,401/mi²
Male / Female43% / 57%
Foreign Born5.2%
Veterans6.6%
Economy
A
Median Income$87,927
Per Capita$64,619
Unemployment5.9%
Poverty2.1%
County GDP$74,395M
Avg Weekly Wage$1,946
Housing
A
Home Value$387,800
Rent$1,745
Ownership86.9%
Zillow$484,472
Housing Units1,745
Rent Burden28.1%
Health
Obesity23.3%
Diabetes7.1%
Smoking8.8%
Heart Disease4.0%
Premature Death4,240/100K
Climate
Avg Temp51°F
Rain48.8 in/yr
AQI37 (Good)
Elevation810 ft
Education
A+
Bachelor's+55.8%
High School+96.6%
Graduate+18.0%
School Score7.5/10
Community
2024 VoteR 50% / D 48%
Commute25 min
Broadband94.6%
Internet Speed105 Mbps
EV Stations3
Libraries37
Did You Know?
The median home in Mount Hope was built in 2000.
28.1% work from home.
The nearest airport is Newark Liberty International (25 miles).
The Gini coefficient (income inequality) is 0.461 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
16.2% of the population has a disability.
Average internet download speed is 105 Mbps.
There are 1,349 restaurants in the area.
The county recorded 19 fatal vehicle crashes.