Hope, ME demographics:
population, income, and more

Total population
1,748
2.2% year-over-year change
Median household income
$86,766/yr
4.0% year-over-year change
Housing units
870
3.3% year-over-year change

Hope population

How many people live in Hope

Hope is home to 1,748 residents, according to the most recent Census data. Gender-wise, 45% of Hope locals are male, and 55% are female.

Total population
1,748
2.2% year-over-year change
Gender ratio
Male
45%
787
Female
55%
961
Value Percent YoY change
Male 787 45% 1.6%
Female 961 55% 2.7%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Hope is 45, with the population distributed as follows: about 19.9% are children under 15, then 7.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.1% of the population, while another 27% fall into the 45 to 64 bracket. Finally, around 21.1% are 65 or older.

Median age
44.6
Age breakdown
Under 15
19.9%
15 to 24
7.9%
25 to 44
24.1%
45 to 64
27%
Over 65
21.1%
Value Percent YoY change
Under 15 348 19.9% 9.4%
15 to 24 138 7.9% -4.8%
25 to 44 422 24.1% -3.2%
45 to 64 471 27% 5.4%
Over 65 369 21.1% 1.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Hope, 97.6% of the population are US-born citizens, while 1.5% have gained naturalized citizenship. At the same time, 0.9% of residents are non-citizens. There’s also a share of 4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
97.6%
Non-U.S.-born citizens
1.5%
Non-citizens
0.9%
Value Percent YoY change
U.S.-born citizens 1,706 97.6% 0.2%
Non-U.S.-born citizens 26 1.5% 550.0%
Non-citizens 16 0.9% 220.0%
Racial breakdown
White
94.4%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
1.4%
Native Hawaiian and other Pacific Islander
0%
Two or more races
4%
Other
0.2%
Value Percent
White 1,651 94.4%
Asian 24 1.4%
Two or more races 70 4%
Other 3 0.2%

Households in Hope

A peek inside Hope households

Hope has 695 households, with an average of 2 members in each. Of these, 72.1% are families, while the remaining 27.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
695
3.7% year-over-year change
Average people per household
2
Non-family households
194
Family households
501
Value Percent YoY change
Non-family households 194 27.9% 16.2%
Family households 501 72.1% -0.4%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Hope

The housing landscape of Hope

Hope's housing consists of 870 units, with 94.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.3% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3.4% of the housing landscape.

Housing units
870
3.3% year-over-year change
Housing types
Value Percent
1 unit, detached 821 94.4%
1 unit, attached 11 1.3%
2 units 8 0.9%
Mobile home 30 3.4%
Homes built since 2020
23
109.1% year-over-year change

The age of buildings in Hope

In Hope, the median construction year is 1991. About 10.6% of homes were built before the 1940s, with another 2.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 22% of homes were added from 2000 to 2009, 10.9% between 2010 and 2019, and 2.6% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 92 10.6% 10.8%
Built between 1940 and 1949 22 2.5% 0.0%
Built between 1950 and 1959 15 1.7% 0.0%
Built between 1960 and 1969 30 3.4% 15.4%
Built between 1970 and 1979 91 10.5% 7.1%
Built between 1980 and 1989 175 20.1% 12.2%
Built between 1990 and 1999 136 15.6% -24.0%
Built between 2000 and 2009 191 22% 2.1%
Built between 2010 and 2019 95 10.9% 21.8%
Built in 2020 or later 23 2.6% 109.1%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Hope occupancy rates

Out of the 695 occupied housing units in Hope, 93% are owner-occupied, while 7% are lived in by tenants. Meanwhile, 20.1% of all homes on the local market sit vacant.

Occupied housing units
695
3.7% year-over-year change
Occupancy breakdown
Renter occupied
49
Owner occupied
646
Value Percent YoY
change
Renter occupied 49 7% -31.0%
Owner occupied 646 93% 7.8%
Unoccupied housing units
20.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Hope housing costs

Housing costs in Hope come to a median of $1,450 per month, while tenants specifically pay a median gross rent of $1,219.

Median housing costs per month
$1,450/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Hope
$1,219/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Hope

Hope education at a glance

About 27.2% of the population in Hope went to high school, while 13.6% pursued college studies. Another 13.2% earned an associate degree and 29.6% hold a bachelor’s. Meanwhile, 15.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 9 0.7% 12.5%
High school diploma 364 27.2% -11.4%
College diploma 182 13.6% -14.6%
Associate degree 177 13.2% 11.3%
Bachelor's degree 396 29.6% 9.1%
Graduate degree 212 15.8% 13.4%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Hope

How much people earn in Hope

The average annual household income in Hope was $116,924 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +4.6% change from the previous year. At the same time, the median income stood at $86,766, reflecting a +4% shift over the same period.

Average household income in Hope
$116,924/year
4.5% year-over-year change
Median household income in Hope
$86,766/year
4.0% year-over-year change

Hope income by age

In Hope, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $94,063. Those with someone between 45 and 64 in charge, often well established professionally, earn $89,688 overall. Overall, 95.3% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $94,063 11.0%
45 - 64 $89,688 6.5%
Over 65 $74,464 16.4%
Above poverty level
1,614
Below poverty level
79
Value Percent YoY
change
Above poverty level 1,614 95.3% 1.3%
Below poverty level 79 4.7% 29.5%

Employment in Hope

Workforce and job types in Hope

80% of the working population are employed in professional or administrative positions, while 20% are in hands-on or service-based jobs. Also, 23.9% run their own businesses, 53.2% are employed by private companies, and 11% work in the public sector.

Workforce demographics

White collar
695
Blue collar
174
Value Percent YoY change
White collar 695 80% -0.9%
Blue collar 174 20% 6.8%
Employer type
Self employees
23.9%
Private companies
53.2%
Governmental workers
11%
Not for profit companies
11.8%
Value Percent YoY change
Self employees 208 23.9% 56.4%
Private companies 462 53.2% -10.3%
Governmental workers 96 11% 6.7%
Not for profit companies 103 11.8% -18.2%

Transportation in Hope

How people get around in Hope

Commuting methods vary: 96.5% of residents travel by personal vehicle and 3.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 628 96.5% -6.7%
Walk 23 3.5% 15.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Hope by zipcode?

Zipcode Population Number of households Median income Average income
04847 1,748 695 $86,766 $116,924

Explore more communities

FAQs about Hope demographics 

What is the total population of Hope?

Hope has a total population of 1,748 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +2.2% compared to a year ago.

What is the gender ratio in Hope?

The gender ratio in Hope is as follows:
  • 45% males (787 residents)
  • 55% females (961 residents)

What is the median age in Hope?

The median age in Hope is 44.6.

What is the age distribution of the population in Hope?

The age distribution in Hope is as follows:
  • Under 15: 19.9% (348 residents)
  • Ages 15-24: 7.9% (138 residents)
  • Ages 25-44: 24.1% (422 residents)
  • Ages 45-64: 27% (471 residents)
  • Over 65: 21.1% (369 residents)

What is the racial and ethnic makeup of Hope?

The racial and ethnic makeup of Hope is as follows:
  • White: 94.4% (1,651 residents)
  • Black or African American: 0% ( residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 1.4% (24 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 4% (70 residents)
  • Other: 0.2% (3 residents)

What percentage of the population in Hope are U.S.-born citizens?

U.S.-born citizens represent 97.6% of the population in Hope.

How many housing units are there in Hope?

There are 870 housing units in Hope, reflecting a +3.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Hope and what is the average household size?

Hope has a total of 695 households, with an average of 2 people in each.

What is the median household income in Hope?

Hope has a median household income of $86,766, representing a +4.0% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Hope?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 80% (695 residents)
  • Blue-collar workers: 20% (174 residents)

Places of employment:
  • Self-employed: 23.9% (208 residents)
  • Private companies: 53.2% (462 residents)
  • Governmental workers: 11% (96 residents)
  • Not-for-profit companies: 11.8% (103 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025