Mount Hope, WI
Population 239 · Wisconsin
About Mount Hope, WI
Mount Hope is a small community located in Wisconsin with a population of 239 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,875 per year, which is 18% below the national median of $75,149. The median age of 40.5 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 $95,000, which is 61% 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 $807, 31% below the national average of $1,163/month. Of the 107 total housing units, 76% are owner-occupied (69 units) and 24% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mount Hope shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.5%, above the national average of 12.4%. Workers in Mount Hope have an average one-way commute time of 32.3 minutes.
Education & Demographics
11.3% 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, 0.0% Hispanic or Latino, 0.8% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Mount Hope, WI
Compared to national averages, Mount Hope has a median household income of $61,875 (18% below the national median of $75,149). Home values average $95,000, which is 61% below the national median. Monthly rent at $807 is 31% below the US average of $1,163. Within Wisconsin, Mount Hope's income is 15% below the state average of $72,579, and home values are 54% below the state median of $205,802.
Why Live in Mount Hope, WI?
Mount Hope offers affordable housing with a median home value of $95,000, below the US average of $244,900, and rent that’s lower than the national average at $807/month, and a strong job market with an unemployment rate of just 2.4%.
Potential considerations include median household income ($61,875) 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 239 with a median age of 40.5 years. Compare Mount Hope with other cities to see how it stacks up, or explore all cities in Wisconsin.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Mount Hope
What is the population of Mount Hope, WI?
The population of Mount Hope, WI is 239 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wisconsin.
What is the median household income in Mount Hope?
The median household income in Mount Hope, WI is $61,875 per year, which is 18% below the national median of $75,149.
What is the median home value in Mount Hope?
The median home value in Mount Hope, WI is $95,000, which is 61% 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, WI is $807, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Mount Hope?
The unemployment rate in Mount Hope, WI is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Mount Hope, WI a good place to live?
Mount Hope offers a moderate cost of living, affordable housing, and a strong job market. With a population of 239 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Mount Hope, WI?
11.3% 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, WI: median home value is $95,000 (61% below national), median rent is $807/month, and median household income is $61,875. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mount Hope?
The poverty rate in Mount Hope, WI is 15.5%, 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, WI?
Mount Hope's population is 0.0% White, 0.0% Hispanic or Latino, 0.8% Black or African American, 0.0% Asian, and 5.4% two or more races. 0.0% of residents are foreign-born.