Mount Hope, WV
Population 1,369 · West Virginia
About Mount Hope, WV
Mount Hope is a small town located in West Virginia with a population of 1,369 residents according to the latest US Census Bureau American Community Survey data. The median household income is $26,983 per year, which is 64% below the national median of $75,149. The median age of 41.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mount Hope features a median home value of $91,900, which is 62% below the national median of $244,900. This makes Mount Hope one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $545, 53% below the national average of $1,163/month. Of the 665 total housing units, 52% are owner-occupied (309 units) and 49% are renter-occupied (291 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Mount Hope shows an unemployment rate of 17.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 26.8%, above the national average of 12.4%. Workers in Mount Hope have an average one-way commute time of 18.5 minutes, one of the shorter commutes in the region.
Education & Demographics
15.5% of Mount Hope residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
How Mount Hope Ranks in West Virginia
Cost of Living in Mount Hope, WV
Compared to national averages, Mount Hope has a median household income of $26,983 (64% below the national median of $75,149). Home values average $91,900, which is 62% below the national median. Monthly rent at $545 is 53% below the US average of $1,163. Within West Virginia, Mount Hope's income is 50% below the state average of $54,014, and home values are 28% below the state median of $128,301.
Why Live in Mount Hope, WV?
Mount Hope offers affordable housing with a median home value of $91,900, below the US average of $244,900, and rent that’s lower than the national average at $545/month, and short commute times averaging just 18.5 minutes.
Potential considerations include median household income ($26,983) that falls below the national average. However, Mount Hope’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mount Hope has a population of 1,369 with a median age of 41.1 years. Compare Mount Hope with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Mount Hope
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boaz | 1,374 | $92,708 | $227,400 | Compare |
| Barrackville | 1,362 | $81,250 | $156,400 | Compare |
| Sistersville | 1,340 | $46,875 | $95,800 | Compare |
| Shenandoah Junction | 1,339 | $109,048 | $193,900 | Compare |
| Shepherdstown | 1,399 | $62,500 | $474,500 | Compare |
| Rainelle | 1,334 | $36,875 | $73,500 | Compare |
| Harrisville | 1,408 | $45,988 | $115,000 | Compare |
| Stanaford | 1,327 | $46,944 | $154,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in West Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Mount Hope With Other Cities
Frequently Asked Questions about Mount Hope
What is the population of Mount Hope, WV?
The population of Mount Hope, WV is 1,369 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in West Virginia.
What is the median household income in Mount Hope?
The median household income in Mount Hope, WV is $26,983 per year, which is 64% below the national median of $75,149.
What is the median home value in Mount Hope?
The median home value in Mount Hope, WV is $91,900, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mount Hope?
The median monthly rent in Mount Hope, WV is $545, which is 53% below the national average of $1,163/month.
What is the unemployment rate in Mount Hope?
The unemployment rate in Mount Hope, WV is 17.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mount Hope, WV a good place to live?
Mount Hope offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,369 and a median age of 41.1, the city appeals to a broad range of residents.
How educated is Mount Hope, WV?
15.5% of residents in Mount Hope aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Mount Hope?
Key cost-of-living indicators for Mount Hope, WV: median home value is $91,900 (62% below national), median rent is $545/month, and median household income is $26,983. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mount Hope?
The poverty rate in Mount Hope, WV is 26.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Mount Hope, WV?
Mount Hope's population is 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 15.5% two or more races. 0.3% of residents are foreign-born.