Living in Spring Hope, North Carolina
Cost of living, income, home prices, rent and demographics of Spring Hope · Census data 2020–2024
Spring Hope has 1,387 residents with a median age of 53.4. The median household income is $38,393 (47% lower than the North Carolina median), the median home value is $161,000, the median rent is $763/month.
Spring Hope is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Spring Hope at a glance
- Population
- 1,387
- Median age
- 53.4State: 39.1
- Median household income
- $38,393State: $72,388
- Median home value
- $161,000State: $288,900
- Median rent
- $763/moState: $1,228
- Homeowners
- 52.2%
- Bachelor's degree or higher
- 8.7%
- Average commute
- 30 min
Is Spring Hope a good place to live?
Pros: Home values 44% lower than the state median; unemployment of 2.3%; a poverty rate of 11.1%.
Cons: Median household income 47% lower than the North Carolina median; an average commute of 30 minutes.
The weather is best in April–May and September–October.
Cost of living in Spring Hope
Housing is the biggest part of the cost of living. In Spring Hope the median home value is $161,000, 52% lower than the U.S. median. Renters pay a median of $763 per month, which is 28.8% of household income. Homeowners with a mortgage pay $1,381 a month in housing costs.
Spring Hope median household income
The median household income in Spring Hope is $38,393 and the income per person is $31,051. 11.1% of residents live below the poverty line (North Carolina: 13%).
Housing in Spring Hope: homes for sale and rent
- Housing units
- 724
- Owner-occupied
- 52.2%
- Renter-occupied
- 47.8%
- Vacant
- 9%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.10
Spring Hope demographics
- Population
- 1,387
- Median age
- 53.4
- Under 18
- 12.1%
- 65 and older
- 31.4%
- Households
- 659
- Foreign-born
- 3.9%
- Veterans
- 9.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Spring Hope ›
Education in Spring Hope
8.7% of adults 25 and older in Spring Hope have a bachelor's degree or higher (North Carolina: 35.7%), and 4.9% have a graduate or professional degree.
Jobs and commute in Spring Hope
- Unemployment rate
- 2.3%State: 4.7%
- Average commute
- 30 minState: 25 min
- Work from home
- 9%
- Drive alone
- 72.8%
- Public transit
- 0%
- Walk to work
- 4.7%
- Homes with broadband
- 79.5%
Spring Hope vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spring Hope | 1,387 | $38,393 | $161,000 | $763 |
| Momeyer | 398 | $65,278 | $98,800 | $817 |
| Lake Royale | 3,168 | $107,806 | $280,400 | $1,390 |
| Bunn | 466 | $68,289 | $256,300 | $1,067 |
| Nashville | 5,729 | $61,000 | $205,300 | $1,073 |
| Castalia | 247 | $45,625 | $52,500 | $654 |
| Bailey | 422 | $60,208 | $155,700 | $814 |
| Middlesex | 867 | $48,281 | $216,900 | $645 |
| Sims | 522 | $78,267 | $196,900 | $1,027 |
More for people moving to Spring Hope
Spring Hope ZIP code ›Weather and climate ›Living in Spring Hope: FAQ
What is the median household income in Spring Hope, NC?
The median household income in Spring Hope is $38,393, 47% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Spring Hope?
The median home value in Spring Hope is $161,000, compared with $288,900 in North Carolina.
How much is rent in Spring Hope?
The median gross rent in Spring Hope is $763 per month, about 28.8% of household income.
Is Spring Hope, NC a good place to live?
Pluses: home values 44% lower than the state median; unemployment of 2.3%; a poverty rate of 11.1%. Minuses: median household income 47% lower than the North Carolina median; an average commute of 30 minutes.
What is the median age in Spring Hope?
The median age in Spring Hope is 53.4 years (North Carolina: 39.1).
How long is the commute in Spring Hope?
The average commute to work in Spring Hope is 30 minutes; 9% of workers work from home.
What is the unemployment rate in Spring Hope?
The unemployment rate in Spring Hope is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spring Hope?
8.7% of adults in Spring Hope have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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