| ZIP Code | 04847 |
|---|---|
| City | Hope |
| State | Maine (ME) |
| County | Knox County |
| Area Code | 207 |
| Elevation | 468 ft |
| Latitude | 44.241178 |
|---|---|
| Longitude | -69.188513 |
| Timezone | New York (DST) |
| FIPS | 23013 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.5 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.52 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 55.2% ▲ 42% above avg |
| Unemployment | 2.6% ▼ 47% below avg |
| HS Graduate | 311 (25.8%) |
| Some College | 113 (9.4%) |
| Associates | 117 (9.7%) |
| Bachelors | 156 (12.9%) |
| Graduate Degree | 510 (42.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,462 ▲ 9% above avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $301,500 ▲ 8% above avg ↑ 28% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,122/mo ↑ 27% since 2019 |
| Total Units | 842 |
| Vacant Units | 172 |
| Avg HH Size | 2.52 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 842 |
|---|---|
| Vacant | 172 |
| Owner Occupied | 89.4% |
| Renter Occupied | 10.6% |
| Avg HH Size | 2.52 |
ZIP code 04847 is located in Hope, Maine, within Knox County. With a population of 1,711, this is a sparsely populated ZIP code with a middle-aged community — the median age is 44.5 years. Economically, 04847 is a middle-income ZIP code: the median household income of $83,462 is near the national average.
Real estate in ZIP code 04847 represents a mid-range housing market. The median home value of $301,500 is near the national average. Renters can expect to pay around $1,122 per month in median rent. Homeownership is strong here — 89.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 04847 is primarily White (95.85%). Residents are well-educated — 55.2% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 4.2%. Household income has grown by 21% since 2019.
The unemployment rate in 04847 stands at 2.6%, which is below the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 71%.
Overall, ZIP code 04847 in Hope, ME is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 1,711 residents, a median household income of $83,462, and a median home value of $301,500, it offers a clear picture of life in this part of Maine.