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ZipNumbers

North Carolina · Census place 32640

Hope Mills town, NC

Quick answer

Hope Mills town has 17,823 residents, ranking #59 of 777 places in North Carolina. Median household income is $60,671, the median home is worth $176,300 and median gross rent runs $1,097 a month.

Population
17,823Hope Mills town residents
Median household income
$60,671Past 12 months, inflation adjusted
Median home value
$176,300Owner-occupied units
Median gross rent
$1,097Rent plus utilities, monthly
Median age
33.3 yrsAll residents
Homeownership rate
63.4%Owner-occupied households

What the numbers mean in Hope Mills town

Housing cost measured against local earnings.

A household earning the Hope Mills town median would spend about 21.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15% of residents and 63.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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