Hope Mills, NC
Population 17,823 · North Carolina
About Hope Mills, NC
Hope Mills is a mid-sized city in North Carolina with a population of 17,823 residents. The median household income is $60,671 per year, which is near the national average. The median age in Hope Mills is 33.3 years.
Housing in Hope Mills has a median home value of $176,300 and median monthly rent of $1,097. Of the 6,872 total housing units, the majority are owner-occupied, with 4,101 owner-occupied and 2,364 renter-occupied units.
The unemployment rate in Hope Mills is 7.8% and the poverty rate is 15.0%. 23.6% of residents hold a bachelor's degree or higher. The average commute time is 26.7 minutes.
Cost of Living in Hope Mills, NC
Compared to national averages, Hope Mills has a median household income of $60,671 (19% below the national median of $75,149). Home values average $176,300, which is 28% below the national median. Monthly rent at $1,097 is 6% below the US average of $1,163. Within North Carolina, Hope Mills's income is 6% below the state average of $64,468, and home values are 23% below the state median of $228,922.
Why Live in Hope Mills, NC?
Hope Mills offers affordable housing with a median home value of $176,300, below the US average of $244,900, and rent that’s lower than the national average at $1,097/month.
Potential considerations include median household income ($60,671) that falls below the national average. However, Hope Mills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hope Mills has a population of 17,823 with a median age of 33.3 years. Compare Hope Mills with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Hope Mills
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mount Holly | 17,928 | $75,928 | $286,400 | Compare |
| Pinehurst | 17,992 | $104,955 | $423,300 | Compare |
| Morganton | 17,541 | $49,434 | $208,300 | Compare |
| Graham | 17,537 | $54,783 | $200,600 | Compare |
| Lenoir | 18,282 | $48,889 | $165,200 | Compare |
| Murraysville | 17,307 | $75,720 | $281,600 | Compare |
| Elizabeth City | 18,740 | $50,947 | $202,100 | Compare |
| Mebane | 18,899 | $84,312 | $295,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hope Mills
What is the population of Hope Mills, NC?
The population of Hope Mills, NC is 17,823 according to the latest Census data.
What is the median household income in Hope Mills?
The median household income in Hope Mills, NC is $60,671 per year.
What is the median home value in Hope Mills?
The median home value in Hope Mills, NC is $176,300.
What is the average rent in Hope Mills?
The median monthly rent in Hope Mills, NC is $1,097.
What is the unemployment rate in Hope Mills?
The unemployment rate in Hope Mills, NC is 7.8%.