Spring Hope, NC

Full City Profile · North Carolina · Wake County County

3.0 /5.0
B Good
1,334 Population 883/sq mi density
$35,577 Median Income $26,721 per capita
$142,400 Home Value $240,866 Zillow
$743 Median Rent 28.1% income on rent
61°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$35,577 median income, 6.8% unemployment
A
Affordability
4.4 / 5.0
$142,400 home value, $743/mo rent
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher

Spring Hope, NC

At a Glance

Median Income
$35,577
53% below
$26,721 per capita
Home Value
$142,400
49% below
Zillow: $240,866
Median Rent
$743/mo
36% below
28.1% of income on rent
Bachelor's Degree+
10.8%
68% below
79.5% high school+
Unemployment
6.8%
89% above
13.2% poverty rate
Obesity Rate
41.0%
28% above
18.9% smoking rate
Avg Temperature
61°F

How Spring Hope Compares to the U.S. Average

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

Income
47%
Home Value
51%
Rent
64%
Poverty
106%
Bachelor's
32%
Unemployment
189%
Thin vertical line = U.S. national average (100%)

Is Spring Hope a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Spring Hope residents earn a median household income of $35,577 , which is 53% below the national average of $75,149. Per capita income is $26,721. The unemployment rate stands at 6.8% (89% above the U.S. rate of 3.6%). 13.2% of residents live below the poverty line. The area is home to 50,997 business establishments, including 2,765 restaurants.

Housing & Cost of Living

The median home value in Spring Hope is $142,400 , 49% below the national median of $281,900. Zillow estimates the typical home at $240,866. Median rent is $743/month, with 28.1% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1971.

Education

10.8% of adults in Spring Hope hold a bachelor's degree or higher (68% below the national average). 79.5% have completed high school. Local schools score 6.6/10 in standardized testing.

Climate & Weather

Spring Hope has an average annual temperature of 61°F (16°C). Winters average 41°F in January while summers reach 80°F in July. Annual precipitation totals 44.4 inches. Air quality is rated Good with a median AQI of 46.

Data Overview

People

Population1,334
Median Age52.3 yrs
Density883/mi²
Male / Female48% / 52%
Foreign Born1.7%
Veterans10.1%

Economy

C+
Median Income$35,577
Per Capita$26,721
Unemployment6.8%
Poverty13.2%
County GDP$128,428M
Avg Weekly Wage$1,477

Housing

A
Home Value$142,400
Rent$743
Ownership44.0%
Zillow$240,866
Housing Units814
Rent Burden28.1%

Health

Obesity41.0%
Diabetes14.1%
Smoking18.9%
Heart Disease6.4%
Premature Death5,322/100K

Climate

Avg Temp61°F
Rain44.4 in/yr
AQI46 (Good)
Elevation258 ft

Education

D
Bachelor's+10.8%
High School+79.5%
Graduate+4.9%
School Score6.6/10

Community

2024 VoteR 36% / D 62%
Commute35 min
Broadband73.8%
Internet Speed230 Mbps
EV Stations1
Libraries23

Did You Know?

The median home in Spring Hope was built in 1971.
The nearest airport is Rocky Mount/Wilson Regional (14 miles).
The Gini coefficient (income inequality) is 0.451 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
25.2% of the population has a disability.
Average internet download speed is 230 Mbps.
There are 2,765 restaurants in the area.
The county recorded 91 fatal vehicle crashes.