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Mount Hope, NJ

Full City Profile · New Jersey · Morris County County

3.7 /5.0
B+ Good
3,082 Population 1,401/sq mi density
$87,927 Median Income $64,619 per capita
$387,800 Home Value $484,472 Zillow
$1,745 Median Rent 28.1% income on rent
53°F Avg Temperature 275 sunny days/yr
90 Violent Crime/100K 1,778 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$87,927 median income, 2.8% unemployment
A
Affordability
4.2 / 5.0
$387,800 home value, $1,745/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A+
Education
5.0 / 5.0
55.8% bachelor's degree or higher

Mount Hope, NJ

At a Glance

Median Income
$87,927
17% above
$64,619 per capita
Home Value
$387,800
38% above
Zillow: $484,472
Median Rent
$1,745/mo
50% above
28.1% of income on rent
Violent Crime
90/100K
76% below
1,778/100K property
Bachelor's Degree+
55.8%
66% above
96.6% high school+
Unemployment
2.8%
22% below
2.1% poverty rate
Obesity Rate
23.3%
27% below
8.8% smoking rate
Avg Temperature
53°F
275 sunny days/yr

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)

Income
117%
Home Value
138%
Rent
150%
Poverty
17%
Bachelor's
166%
Unemployment
78%
Crime
24%
Thin vertical line = U.S. national average (100%)

Is Mount Hope a Good Place to Live?

B+
3.7 / 5.0 — Good
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 2.8% (22% below 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.

Safety & Crime

Mount Hope reports 90 violent crimes per 100,000 residents , which is 76% below the national average of 380/100K. Property crime is 1,778/100K.

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 53°F (11°C). Winters average 30°F in January while summers reach 75°F in July. The area gets 275 sunny days per year. Annual precipitation totals 45.5 inches. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population3,082
Median Age60.5 yrs
Density1,401/mi²
Male / Female43% / 57%
Foreign Born13.6%
Veterans6.6%

Economy

A+
Median Income$87,927
Per Capita$64,619
Unemployment2.8%
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%

Crime

F
Violent90/100K
Property1,778/100K

Health

Obesity23.3%
Diabetes7.1%
Smoking8.8%
Heart Disease4.0%
Premature Death4,240/100K

Climate

Avg Temp53°F
Sunny Days275/yr
Rain45.5 in/yr
AQI39 (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.
14.6% of the population has a disability.
13.6% 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.