Income & Economy in Hope, ND

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

Income Overview

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

Median Household Income

$53,750

-27% vs national

Per Capita Income

$33,323

-10% vs national

Poverty Rate

13.4%

-1% vs national

Gini Index

0.4378

0 = perfect equality

Unemployment

11.3%

+117% vs national

SNAP Recipients

2.3%

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 $53,750.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
16.3%
$25-50K
26.4%
$50-75K
23.3%
$75-100K
13.9%
$100-150K
3.9%
$150-200K
9.3%
$200K+
7.0%

Employment Snapshot

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

Unemployment Rate

11.3%

+213% vs ND avg

Labor Force

151

Employed

134

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

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

Bachelor's Degree+

19.0%

of adults 25+

High School Diploma+

38.9%

of adults 25+

Median Age

40.9

Work from Home

8.2%

of workers

The median household income in Hope, ND is $53,750, which is 26.6% below the national average of $73,224. Per capita income is $33,323. The poverty rate of 13.4% is higher than the ND state average of 11.3%. The Gini index of income inequality is 0.4378, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 11.3%, compared to the state average of 3.6%. 19.0% of adults hold a bachelor's degree or higher.