Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.5 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $301,500 ▲ 8% above avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,122/mo |
| Total Housing Units | 842 |
| Vacant Units | 172 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hope is a city in Maine, located in Knox County. The city spans 1 ZIP code and is home to approximately 1,711 residents. It is a middle-aged city, with a median age of 44.5 years.
Economically, Hope is a middle-income community. The median household income of $83,462 is near the national average. Approximately 4.2% of residents live below the poverty line. The unemployment rate is 2.6%, below the national average.
The real estate market in Hope is a mid-range housing market. Median home values stand at $301,500, which is near the national average. Renters typically pay around $1,122 per month. Homeownership is high at 89.4%, typical of suburban and family-oriented communities.
The population of Hope is well-educated. 55.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (95.85%).
Hope, ME offers residents above-average earning potential within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04847 | 1,711 | $83,462 | $301,500 | $1,122 | 2.6% | 55.2% | 89.4% |