Hope, IN

Census Place

2024 Population

2,029

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

31.2

0.952% 1-year decrease

2024 Poverty Rate

8.92%

41.3% 1-year decrease

2024 Median Household Income

$76,188

12% 1-year growth

2024 Median Property Value

$148,600

Population & Diversity

Hope, IN is home to a population of 2.03k people, from which 100% are citizens.

As of 2024, 1.33% of Hope, IN residents were born outside of the country (27 people).

In 2024, there were 21.4 times more White (Non-Hispanic) residents (1.86k people) in Hope, IN than any other race or ethnicity. There were 87 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 27 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

99.4%

2023 Citizenship

As of 2024, 100% of Hope, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Hope, IN was 99.4%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Hope, IN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Hope, IN

White (Non-Hispanic)
1.86k ± 499
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
87 ± 76
White (Hispanic)
27 ± 39

2.61%

Hispanic Population

53 people

2.61% of the people in Hope, IN are hispanic (53 people).

The following chart shows the 8 races represented in Hope, IN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Indiana.

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Foreign-Born Population

1.33%

2024 Foreign-Born Population

27 people

1.91%

2023 Foreign-Born Population

38 people

As of 2024, 1.33% of Hope, IN residents (27 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Hope, IN was 1.91%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Hope, IN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
49 ± 72
Gulf War (2001-)
38 ± 34
Vietnam
23 ± 29

Hope, IN has a large population of military personnel who served in Gulf War (1990s), 1.29 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Hope, IN.

Economy

The economy of Hope, IN employs 1.13k people. In 2024, the largest industries in Hope, IN were Manufacturing (299 people), Retail Trade (237 people), and Health Care & Social Assistance (138 people), and the highest paying industries were Finance & Insurance ($133,603), Finance & Insurance, & Real Estate & Rental & Leasing ($132,904), and Public Administration ($48,438).

Employment

Occupations

1.13k

2024 Value

± 209

−1.99%

1 Year decline

± 25.5%

From 2023 to 2024, employment in Hope, IN declined at a rate of −1.99%, from 1.16k employees to 1.13k employees.

The most common job groups, by number of people living in Hope, IN, are Production Occupations (167 people), Sales & Related Occupations (154 people), and Office & Administrative Support Occupations (113 people). This chart illustrates the share breakdown of the primary jobs held by residents of Hope, IN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.13k

2024 Value

± 209

−1.99%

1 Year decline

± 25.5%

From 2023 to 2024, employment in Hope, IN declined at a rate of −1.99%, from 1.16k employees to 1.13k employees.

The most common employment sectors for those who live in Hope, IN, are Manufacturing (299 people), Retail Trade (237 people), and Health Care & Social Assistance (138 people). This chart shows the share breakdown of the primary industries for residents of Hope, IN, though some of these residents may live in Hope, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$45,167

Median earning men ± $16,766

$35,376

Median earning women ± $3,662

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($133,051), Manufacturing ($59,609), and Construction ($50,500).

The industries with the best median earnings for women in 2024 are Manufacturing ($43,214), Public Administration ($41,607), and Educational Services, & Health Care & Social Assistance ($34,375).

Housing & Living

The median property value in Hope, IN was $148,600 in 2024, which is 0.447 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $127,200 to $148,600, a 16.8% increase. The homeownership rate in Hope, IN is 79.5%, which is higher than the national average of 65.2%.

People in Hope, IN have an average commute time of 23.5 minutes, and they drove alone to work. Car ownership in Hope, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$148,600

Median Property Value 2024

±$15,335

$554

Median Property Taxes

±$137

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Hope, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Hope, IN compared to it's parent and neighbor geographies.

Rent vs Own

79.5%

Homeownership

2024

68.2%

Homeowners with Mortgage

2024

In 2024, 79.5% of the housing units in Hope, IN were occupied by their owner. This percentage grew from the previous year's rate of 77.5%.

This chart shows the percentage of owner in Hope, IN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$76,188

Median Household Income

± $11,348

697

Number of Households

± 148

In 2024, the median household income of the 697 households in Hope, IN grew to $76,188 from the previous year's value of $68,015.

The following chart displays the households in Hope, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Hope, IN is from Indiana.

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (82.6%)
Worked At Home (10.2%)
Carpooled (5.65%)

In 2024, 82.6% of workers in Hope, IN drove alone to work, followed by those who worked at home (10.2%) and those who carpooled to work (5.65%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

23.5 minutes

Average Travel Time

Using averages, employees in Hope, IN have a shorter commute time (23.5 minutes) than the normal US worker (26.4 minutes). Additionally, 0.102% of the workforce in Hope, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Hope, IN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Hope, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Hope, IN have 2 cars.

Poverty

Poverty & Diversity

8.92% of the population for whom poverty status is determined in Hope, IN (181 out of 2.03k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 25 - 34, followed by Females 25 - 34 and then Males < 5.

The most common racial or ethnic group living below the poverty line in Hope, IN is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Keep Exploring