Living in Hope, North Dakota

Cost of living, income, home prices, rent and demographics of Hope · Census data 2020–2024

Hope has 339 residents with a median age of 40.4. The median household income is $54,125 (29% lower than the North Dakota median), the median home value is $97,800, the median rent is $685/month.

Hope is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Hope at a glance

Population
339
Median age
40.4State: 35.9
Median household income
$54,125State: $76,657
Median home value
$97,800State: $249,900
Median rent
$685/moState: $954
Homeowners
68.5%
Bachelor's degree or higher
33.8%
Average commute
18 min

Is Hope a good place to live?

Pros: Home values 61% lower than the state median; an average commute of 18 minutes; a poverty rate of 10.6%.

Cons: Median household income 29% lower than the North Dakota median; unemployment of 9.6%.

The weather is best in June to September.

Cost of living in Hope

Housing is the biggest part of the cost of living. In Hope the median home value is $97,800, 71% lower than the U.S. median. Renters pay a median of $685 per month, which is 21.3% of household income. Homeowners with a mortgage pay $1,263 a month in housing costs.

Median home value

Hope$97,800
North Dakota$249,900
United States$332,700

Median monthly rent

Hope$685
North Dakota$954
United States$1,413

Hope median household income

The median household income in Hope is $54,125 and the income per person is $36,530. 10.6% of residents live below the poverty line (North Dakota: 10.8%).

Median household income

Hope$54,125
North Dakota$76,657
United States$80,734

Housing in Hope: homes for sale and rent

Housing units
166
Owner-occupied
68.5%
Renter-occupied
31.5%
Vacant
10.2%Includes seasonal homes
Median year built
1962
Average household size
2.28

Hope demographics

Population
339
Median age
40.4
Under 18
23%
65 and older
28%
Households
149
Foreign-born
0%
Veterans
2.7%Adults 18+

Race and ethnicity

White92.3%
Hispanic or Latino4.7%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Hope ›

Education in Hope

33.8% of adults 25 and older in Hope have a bachelor's degree or higher (North Dakota: 32.7%), and 10.3% have a graduate or professional degree.

Bachelor's degree or higher

Hope33.8%
North Dakota32.7%
United States35.7%

Jobs and commute in Hope

Unemployment rate
9.6%State: 2.8%
Average commute
18 minState: 18 min
Work from home
7.1%
Drive alone
81.6%
Public transit
0%
Walk to work
1.4%
Homes with broadband
77.2%

Hope vs nearby towns

TownPopulationMedian incomeHome valueRent
Hope339$54,125$97,800$685
Page165$71,000$92,500$500
Finley329$74,643$70,700$881
Portland549$90,000$194,000$623
Cooperstown918$51,375$98,600$569
Mayville1,976$55,735$198,200$854

More for people moving to Hope

Hope ZIP code ›Weather and climate ›

Living in Hope: FAQ

What is the median household income in Hope, ND?

The median household income in Hope is $54,125, 29% lower than the North Dakota median of $76,657 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Hope?

The median home value in Hope is $97,800, compared with $249,900 in North Dakota.

How much is rent in Hope?

The median gross rent in Hope is $685 per month, about 21.3% of household income.

Is Hope, ND a good place to live?

Pluses: home values 61% lower than the state median; an average commute of 18 minutes; a poverty rate of 10.6%. Minuses: median household income 29% lower than the North Dakota median; unemployment of 9.6%.

What is the median age in Hope?

The median age in Hope is 40.4 years (North Dakota: 35.9).

How long is the commute in Hope?

The average commute to work in Hope is 18 minutes; 7.1% of workers work from home.

What is the unemployment rate in Hope?

The unemployment rate in Hope is 9.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Hope?

33.8% of adults in 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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