Hope Mills, NC Profile: Facts & Data

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Hope Mills, North Carolina - Basic Facts

The Town of Hope Mills had a population of 15,824 as of July 1, 2019. Hope Mills ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.

The primary coordinate point for Hope Mills is located at latitude 34.9704 and longitude -78.9453 in Cumberland County. The formal boundaries for the Town of Hope Mills encompass a land area of 7.73 sq. miles and a water area of 0.09 sq. miles. Cumberland County is in the Eastern time zone (GMT -5). The elevation is 112 feet.

The Town of Hope Mills (GNIS ID: 2405861) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Hope Mills is located within Township of Rockfish, a minor civil division (MCD) of Cumberland County.


Jump to... (On This Page!)
  1. Hope Mills 2019 Demographic Data
  2. Growth Rates for Hope Mills (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Hope Mills, NC Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Hope Mills, NC Housing Affordability Index is 178
State of North Carolina Housing Affordability Index is 140
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Hope Mills, NC Wealth Index is 44
State of North Carolina Wealth Index is 84
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific North Carolina address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 15,824
Population in Households 15,790
Population in Familes 13,371
Population in Group Qrtrs 34
Population Density 2,137
Diversity Index1 68
 

INCOME

Median Household Income $49,076
Average Household Income $59,399
Per Capita Income $22,390
Wealth Index3 44

HOUSING

Total Housing Units 6,523 (100%)
Owner Occupied HU 3,444 (52.8%)
Renter Occupied HU 2,415 (37.0%)
Vacant Housing Units 664 (10.2%)
Median Home Value $145,198
Housing Affordability Index2 178
 

HOUSEHOLDS

Total Households 5,859
Average Household Size 2.69
Family Households 4,208
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.35% 0.45%
Households 0.36% 0.46%
Families 0.19% 0.39%
Median Household Income   2.52%
Per Capita Income   3.05%

Hope Mills, NC - Peer Comparisons by Rank and Percentile

The table below compares Hope Mills to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 63 92nd
Population Density # 27 96th
Diversity Index # 94 87th
Median Household Income # 320 57th
Per Capita Income # 461 38th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

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