Pros and Cons of Living In Hope, Arkansas. Is Hope, AR a Nice Place To Live or Retire?

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Hope, Arkansas

Moving to Hope In Arkansas ? Is Hope, AR a Nice Place To Live? Pros and Cons of Living in Hope, Arkansas. Find out the best and worst about to live, raise a family or retire in Hope.

Hope is a city in Hempstead County in southwestern Arkansas, United States. Hope is the county seat of Hempstead County and the principal city of the Hope Micropolitan Statistical Area, which includes all of Hempstead and Nevada counties. As of the 2010 census the population was 10,095, and in 2019 the population was estimated at 9,599.

Hope is the birthplace of three Arkansas governors: Bill Clinton (who was also President of the United States from 1993 to 2001), Mike Huckabee (who ran for the Republican presidential nomination in 2008 and 2016), and Sarah Huckabee Sanders (the incumbent governor and daughter of Mike Huckabee).

DEMOGRAPHICS

Population
9668
Unemployment
5.1%
9% NAT AVG.
Poverty
27.1%
94% NAT AVG.
Cost Of Living
77
23% NAT AVG.

ECONOMICS

Median Home Cost
$83700
64% NAT AVG.
Median Income
$39793
41% NAT AVG.
Median Rent
$685
41% NAT AVG.
Overall Score
3

CRIME REPORT

Total Crime
459
105% NAT. AVG.
46% STATE AVG.
Violent Crime
122
229% NAT. AVG.
90% STATE AVG.
Property Crime
337
80% NAT. AVG.
35% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 20
People Earning < $10,000
1 in 9
People Earning < $50,000
56%
People With Any Degree
1 in 4.5

ETHNICITY

Ethnicity Hope USA
White 33.7% 60.1%
African American 43.7% 12.2%
American Indian 0.7% 0.6%
Asian 0.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.1% 2.8%
Hispanic 19.7% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Hope USA
Less than $10,000 11.1% 5.8%
$10,000 to $14,999 5% 4.1%
$15,000 to $24,999 12.7% 8.5%
$25,000 to $34,999 14.7% 8.6%
$35,000 to $49,999 12.5% 12.0%
$50,000 to $74,999 20.5% 17.2%
$75,000 to $99,999 8.1% 12.8%
$100,000 to $149,999 8.2% 15.6%
$150,000 to $199,999 2.9% 7.1%

EDUCATION

Education Hope USA
< 9th Grade 9% 5.0%
9-12th Grade 10% 7.0%
High School or GED 38% 27.0%
Other College 21% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Hope is a city in Arkansas state in USA with a population of 9668 residents.. The poverty rate of Hope is 27.1%, which is 94% higher than national average. The typical household in Hope earns $39793 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Hope remained 5.1%, which is 9% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Hope is 77, which is 23% lower than national average. In Hope, only 14% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in Hope is $83700 , which is 64% lower than national average. While median income in Hope remained $39793, which is 41% lower than national average.
Hope Scorecard

Jobs60%

Housing40%

Affordability80%

Safety30%

Amenities80%

Diversity95%

Education40%

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