Hope, North Dakota Median Income

Hope, North Dakota has a population of 298, with a median household income of $52,200.

Current median income data for Hope.

$52,200

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Population

298

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Median Income

$52,200

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Unemployment

3.40%

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Housing Price

$184,400

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Crime Rate

0.20

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Internet Speed

176.70 Mbps

Hope is a small local community located in North Dakota. The city has a population that is below the average city population in North Dakota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Hope is a notable city in North Dakota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Hope has a population of 298, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hope is $52,200, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Hope average around $184,400, which is relatively high compared to other cities in North Dakota.

Employment and Safety

The unemployment rate in Hope is 3.40%, which is lower than the state average, indicating a relatively strong job market. Hope has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in North Dakota, Hope shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Hope offers a balanced mix of economic conditions, population trends, and housing opportunities within North Dakota.

Frequently Asked Questions about Hope

What is the population of Hope?

The population of Hope is approximately 298.

Is Hope a good place to live?

Hope offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Hope?

The median household income in Hope is around $52,200.

How expensive is housing in Hope?

The average housing price in Hope is approximately $184,400.