Hope, AR
Population 8,787 · Arkansas
About Hope, AR
Hope is a small community in Arkansas with a population of 8,787 residents. The median household income is $44,353 per year, which is below the national average. The median age in Hope is 37.5 years.
Housing in Hope has a median home value of $87,800 and median monthly rent of $777. Of the 3,979 total housing units, the majority are owner-occupied, with 1,825 owner-occupied and 1,439 renter-occupied units.
The unemployment rate in Hope is 3.9% and the poverty rate is 20.6%. 14.9% of residents hold a bachelor's degree or higher. The average commute time is 20.4 minutes.
How Hope Ranks in Arkansas
Cost of Living in Hope, AR
Compared to national averages, Hope has a median household income of $44,353 (41% below the national median of $75,149). Home values average $87,800, which is 64% below the national median. Monthly rent at $777 is 33% below the US average of $1,163. Within Arkansas, Hope's income is 15% below the state average of $52,241, and home values are 30% below the state median of $125,457.
Why Live in Hope, AR?
Hope offers affordable housing with a median home value of $87,800, below the US average of $244,900, and rent that’s lower than the national average at $777/month, and short commute times averaging just 20.4 minutes.
Potential considerations include median household income ($44,353) that falls below the national average. However, Hope’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hope has a population of 8,787 with a median age of 37.5 years. Compare Hope with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Hope
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beebe | 8,580 | $56,424 | $163,400 | Compare |
| Farmington | 8,469 | $88,541 | $249,900 | Compare |
| Helena-West Helena | 9,218 | $32,466 | $72,300 | Compare |
| Monticello | 8,320 | $27,998 | $128,900 | Compare |
| Wynne | 8,220 | $40,102 | $125,300 | Compare |
| Clarksville | 9,500 | $37,848 | $159,700 | Compare |
| Stuttgart | 8,060 | $58,906 | $150,600 | Compare |
| Newport | 8,019 | $32,693 | $132,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hope
What is the population of Hope, AR?
The population of Hope, AR is 8,787 according to the latest Census data.
What is the median household income in Hope?
The median household income in Hope, AR is $44,353 per year.
What is the median home value in Hope?
The median home value in Hope, AR is $87,800.
What is the average rent in Hope?
The median monthly rent in Hope, AR is $777.
What is the unemployment rate in Hope?
The unemployment rate in Hope, AR is 3.9%.