Hope, NM

Census Place

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2024 Population
49
US Senator
Martin Heinrich
Democratic Party
US Senator
Ben Ray Luján
Democratic Party
2024 Median Age
52.9
0.57% 1-year increase
2024 Median Household Income
$111,250
7.6% 1-year growth
2024 Median Property Value
$113,600
2024 Employed Population
38
15.6% 1-year decline

About

None of the households in Hope, NM reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

89.8% of the residents in Hope, NM are U.S. citizens.

In 2024, the median property value in Hope, NM was $113,600, and the homeownership rate was 100%.

Most people in Hope, NM drove alone to work, and the average commute time was 40 minutes. The average car ownership in Hope, NM was 2 cars per household.

United StatesNew MexicoEddy County, NMCarlsbad-Artesia, NMLea and Eddy County PUMA, NM

Population & Diversity

Hope, NM is home to a population of 49 people, from which 89.8% are citizens. As of 2024, 10.2% of Hope, NM residents were born outside of the country (5 people).

In 2024, there were 8 times more White (Non-Hispanic) residents (40 people) in Hope, NM than any other race or ethnicity. There were 5 Two Races Excluding Other, & Three or More Races (Hispanic) and 4 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

89.8%
2024 Citizenship
86.9%
2023 Citizenship

As of 2024, 89.8% of Hope, NM residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Hope, NM was 86.9%, meaning that the rate of citizenship has been increasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Hope, NM
  1. White (Non-Hispanic)
    40 ± 43
  2. Two Races Excluding Other, & Three or More Races (Hispanic)
    5 ± 8
  3. Two Races Including Other (Hispanic)
    4 ± 7
18.4%
Hispanic Population
9 people

In 2024, there were 8 times more White (Non-Hispanic) residents (40 people) in Hope, NM than any other race or ethnicity. There were 5 Two Races Excluding Other, & Three or More Races (Hispanic) and 4 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

18.4% of the people in Hope, NM are hispanic (9 people).

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

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Mexico.
Most Common Origin
  1. Mexico
    124,411 ± 8,401 people
  2. Philippines
    6,498 ± 1,976 people
  3. Germany
    4,186 ± 1,587 people

In 2023, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 124,411 New Mexico residents, followed by Philippines with 6,498 and Germany with 4,186.

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Foreign-Born Population

10.2%
2024 Foreign-Born Population
5 people
20.2%
2023 Foreign-Born Population
20 people

As of 2024, 10.2% of Hope, NM residents (5 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, NM was 20.2%, meaning that the rate has been decreasing.

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

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Military

Veterans

Vietnam
Most Common Service Period
2 ± 20

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

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Economy

The economy of Hope, NM employs 38 people. In 2024, the largest industries in Hope, NM were Educational Services (10 people), Agriculture, Forestry, Fishing & Hunting (9 people), and Utilities (8 people), and the highest paying industries were Agriculture, Forestry, Fishing & Hunting, & Mining ($34,167).

Employment

Occupations

38
2024 Value
± 94
−15.6%
1 Year decline
± 374%

From 2023 to 2024, employment in Hope, NM declined at a rate of −15.6%, from 45 employees to 38 employees.

The most common job groups, by number of people living in Hope, NM, are Education Instruction, & Library Occupations (10 people), Farming, Fishing, & Forestry Occupations (9 people), and Installation, Maintenance, & Repair Occupations (8 people). This chart illustrates the share breakdown of the primary jobs held by residents of Hope, NM.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in New Mexico (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.

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Industries

Employment by Industries

38
2024 Value
± 94
−15.6%
1 Year decline
± 374%

From 2023 to 2024, employment in Hope, NM declined at a rate of −15.6%, from 45 employees to 38 employees.

The most common employment sectors for those who live in Hope, NM, are Educational Services (10 people), Agriculture, Forestry, Fishing & Hunting (9 people), and Utilities (8 people). This chart shows the share breakdown of the primary industries for residents of Hope, NM, though some of these residents may live in Hope, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Mexico.
Y-Axis
2.72%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 860k people employed in New Mexico. This represents a 2.72% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

The following chart shows monthly employment numbers for each industry sector in New Mexico.

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Housing & Living

People in Hope, NM have an average commute time of 40 minutes, and they drove alone to work. Car ownership in Hope, NM is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$113,600
Median Property Value 2024
±$54,849
$28
Median Property Taxes
±$44

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, NM the largest share of households pay taxes in the $800 - $1,499 range.

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

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Rent vs Own

100%
Homeownership
2024
56.5%
Homeowners with Mortgage
2024

In 2024, 100% of the housing units in Hope, NM were occupied by their owner. This percentage stayed from the previous year's rate of 100%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$111,250
Median Household Income
± $55,633
28
Number of Households
± 50

In 2024, the median household income of the 28 households in Hope, NM grew to $111,250 from the previous year's value of $103,393.

The following chart displays the households in Hope, NM 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 $60k - $75k range.

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Wage Distribution

The closest comparable wage GINI for Hope, NM is from New Mexico.
0.462
2023 Wage GINI in New Mexico
0.462
2022 Wage GINI in New Mexico

In 2023, the income inequality in New Mexico was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.0654% growth from 2022 to 2023, which means that wage distribution grew somewhat less even. The GINI for New Mexico was lower than than the national average of 0.476. In other words, wages are distributed more evenly in New Mexico in comparison to the national average.

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

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (94.7%)
  2. Worked At Home (5.26%)

In 2024, 94.7% of workers in Hope, NM drove alone to work, followed by those who worked at home (5.26%) and those who carpooled to work (0%).

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.

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Commute Time

40 minutes
Average Travel Time

Using averages, employees in Hope, NM have a longer commute time (40 minutes) than the normal US worker (26.4 minutes). Additionally, 22.2% of the workforce in Hope, NM have "super commutes" in excess of 90 minutes.

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

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Car Ownership

2 cars
Average Number

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

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Poverty

Health

95.9% of the population of Hope, NM has health coverage, with 69.4% on employee plans, 0% on Medicaid, 20.4% on Medicare, 6.12% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New Mexico see 1,344 patients per year on average, which represents a 0% change from the previous year (1,344 patients). Compare this to dentists who see 1436 patients per year, and mental health providers who see 215 patients per year.

By gender, of the total number of insured persons, 65.3% were men and 34.7% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 0% under 18 years, 10.2% between 18 and 34 years, 79.6% between 35 and 64 years, and 10.2% over 64 years.

By gender, of the total number of insured persons, 65.3% were men and 34.7% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

4.08%
Uninsured
69.4%
Employer Coverage
0%
Medicaid
20.4%
Medicare
6.12%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Hope, NM grew by 34.7% from 3.03% to 4.08%.

The following chart shows how the percent of uninsured individuals in Hope, NM changed over time compared with the percent of individuals enrolled in various types of health insurance.

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