Income & Economy in Hope, NM

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$103,393

+41% vs national

Per Capita Income

$48,248

+30% vs national

Poverty Rate

0.0%

-100% vs national

Gini Index

0.3904

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

0.0%

of households

How Hope Compares

Source: Census ACS (2023)

Hope vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Hope is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Hope. The median household income here is $103,393.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
21.9%
$50-75K
14.6%
$75-100K
7.3%
$100-150K
39.0%
$150-200K
9.8%
$200K+
7.3%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs NM avg

Labor Force

45

Employed

45

Mean Commute

33 min

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

14.1%

of adults 25+

High School Diploma+

47.5%

of adults 25+

Median Age

52.6

Work from Home

0.0%

of workers

The median household income in Hope, NM is $103,393, which is 41.2% above the national average of $73,224. Per capita income is $48,248. The poverty rate of 0.0% is lower than the NM state average of 20.1%. The Gini index of income inequality is 0.3904, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 6.4%. 14.1% of adults hold a bachelor's degree or higher. The average commute time is 33 minutes, with 0.0% working from home.