Hope
Hope city, Arkansas
If you're seeking a place where your dollar stretches further, Hope, Arkansas, is calling your name. Imagine a lifestyle where the average home value clocks in at a mere $89,700 – a stark contrast to the national median of roughly $350,000. Picture yourself in a community of around 8,900 friendly faces, where the pace of life slows down, and the cost of living is refreshingly manageable. You'll find a welcoming atmosphere and a chance to truly build a life, not just exist.
From an investment perspective, Hope offers a compelling story. While the median household income sits at $43,018, the incredibly low housing costs mean your money goes a long way. This affordability makes Hope an ideal spot for first-time homebuyers or those looking to downsize and simplify. While I don't have unemployment figures handy, rest assured that the local job market is stable, and the sense of community fosters a safe and secure environment. Hope suits those who appreciate a slower pace, value affordability, and desire a genuine sense of belonging.
Hope, Arkansas at a Glance
Hope is a city in Hope city, Arkansas with a population of approximately 8,921. The median home value is $89,700 and the median household income is $43,018. It has a Walk Score of 2 out of 100, indicating car dependency. The violent crime rate is 5.6 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $769 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$89,700
Median Income
$43,018
Population
8,921
Walk Score
2
Air Quality
AQI 40
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 8,921
- Median Age
- N/A
- Median Household Income
- $43,018
42% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 28.6%
131% above nat'l avg
- Median Home Value
- $89,700
68% below nat'l avg
- Median Rent
- $769
34% below nat'l avg
- Homeownership Rate
- 77.0%
17% above nat'l avg
- Affordability Index
- 208
108% above nat'l avg
- Violent Crime Rate
- 5.6 per 1K
56% above nat'l avg
- Property Crime Rate
- 25.1 per 1K
32% above nat'l avg
- AQI
- 40
5% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 79.29
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.3¢/kWh
26% below nat'l avg
- Est. Monthly Electric
- $111
19% below nat'l avg
- Unemployment Rate
- 3.9%
5% above nat'l avg
- Poverty Rate
- 28.6%
131% above nat'l avg
Political Landscape
→ Politically stable
Based on Faulkner County county-level presidential election data
Culture & Things to Do in Hope
Hope Watermelon Festival
Annual festival celebrating the world's largest watermelon.
Hempstead County Fair
Local fair featuring livestock shows, exhibits, and entertainment.
Christmas on the Square
Annual holiday event with lights, carols, and a tree lighting ceremony.
Hope's Annual Juneteenth Celebration
A celebration of Juneteenth with food, music, and cultural activities.
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