Hope, MN demographics:
population, income, and more

Total population
157
12.1% year-over-year change
Median household income
$61,042/yr
3.9% year-over-year change
Housing units
49
-5.8% year-over-year change

Hope population

How many people live in Hope

Hope is home to 157 residents, according to the most recent Census data. Gender-wise, 59.2% of Hope locals are male, and 40.8% are female.

Total population
157
12.1% year-over-year change
Gender ratio
Male
59.2%
93
Female
40.8%
64
Value Percent YoY change
Male 93 59.2% 1.1%
Female 64 40.8% 33.3%
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 27, with the population distributed as follows: about 33.1% are children under 15, then 11.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 33.1% of the population, while another 8.3% fall into the 45 to 64 bracket. Finally, around 14% are 65 or older.

Median age
27.3
Age breakdown
Under 15
33.1%
15 to 24
11.5%
25 to 44
33.1%
45 to 64
8.3%
Over 65
14%
Value Percent YoY change
Under 15 52 33.1% 44.4%
15 to 24 18 11.5% 20.0%
25 to 44 52 33.1% 2.0%
45 to 64 13 8.3% -23.5%
Over 65 22 14% 4.8%
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, 96.8% of the population are US-born citizens, while 3.2% have gained naturalized citizenship. There’s also a share of 15.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
96.8%
Non-U.S.-born citizens
3.2%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 152 96.8% 8.6%
Non-U.S.-born citizens 5 3.2% N/A
Racial breakdown
White
84.1%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
15.9%
Other
0%
Value Percent
White 132 84.1%
Two or more races 25 15.9%

Households in Hope

A peek inside Hope households

Hope has 49 households, with an average of 3 members in each. Of these, 65.3% are families, while the remaining 34.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
49
-5.8% year-over-year change
Average people per household
3
Non-family households
17
Family households
32
Value Percent YoY change
Non-family households 17 34.7% -10.5%
Family households 32 65.3% -3.0%
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 49 units, with 95.9% being detached single-family homes ideal for those wanting space.

Housing units
49
-5.8% year-over-year change
Housing types
Value Percent
1 unit, detached 47 95.9%
2 units 2 4.1%
Homes built since 2020
% year-over-year change

The age of buildings in Hope

In Hope, the median construction year is 1952. About 28.6% of homes were built before the 1940s, with another 18.4% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 14 28.6% 0.0%
Built between 1940 and 1949 9 18.4% 0.0%
Built between 1950 and 1959 9 18.4% -10.0%
Built between 1960 and 1969 9 18.4% 12.5%
Built between 2010 and 2019 8 16.3% 0.0%
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 49 occupied housing units in Hope, 91.8% are owner-occupied, while 8.2% are lived in by tenants.

Occupied housing units
49
-5.8% year-over-year change
Occupancy breakdown
Renter occupied
4
Owner occupied
45
Value Percent YoY
change
Renter occupied 4 8.2% 33.3%
Owner occupied 45 91.8% -8.2%
Unoccupied housing units
0.0%
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

Median housing costs per month
$732/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.

Education in Hope

Hope education at a glance

About 49% of the population in Hope went to high school, while 31.4% pursued college studies. Another 3.9% earned an associate degree and 13.7% hold a bachelor’s. Meanwhile, 2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 50 49% 11.1%
College diploma 32 31.4% -11.1%
Associate degree 4 3.9% -55.6%
Bachelor's degree 14 13.7% 16.7%
Graduate degree 2 2% N/A
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 $70,098 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.2% change from the previous year. At the same time, the median income stood at $61,042, reflecting a +3.9% shift over the same period.

Average household income in Hope
$70,098/year
2.2% year-over-year change
Median household income in Hope
$61,042/year
3.9% 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 $76,250. Those with someone between 45 and 64 in charge, often well established professionally, earn $36,719 overall. Overall, 90.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $76,250 -6.9%
45 - 64 $36,719 N/A
Over 65 $59,000 4.9%
Above poverty level
142
Below poverty level
15
Value Percent YoY
change
Above poverty level 142 90.4% 14.5%
Below poverty level 15 9.6% -6.2%

Employment in Hope

Workforce and job types in Hope

65.3% of the working population are employed in professional or administrative positions, while 34.7% are in hands-on or service-based jobs.

Workforce demographics

White collar
49
Blue collar
26
Value Percent YoY change
White collar 49 65.3% 11.4%
Blue collar 26 34.7% -16.1%
Employer type
Self employees
0%
Private companies
72%
Governmental workers
18.7%
Not for profit companies
9.3%
Value Percent YoY change
Private companies 54 72% 0.0%
Governmental workers 14 18.7% 40.0%
Not for profit companies 7 9.3% -12.5%

Transportation in Hope

How people get around in Hope

Commuting methods vary: 97.2% of residents travel by personal vehicle and 2.8% 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 70 97.2% -2.8%
Walk 2 2.8% N/A
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
56046 157 49 $61,042 $70,098

Explore more communities

FAQs about Hope demographics 

What is the total population of Hope?

Hope has a total population of 157 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 +12.1% compared to a year ago.

What is the gender ratio in Hope?

The gender ratio in Hope is as follows:
  • 59.2% males (93 residents)
  • 40.8% females (64 residents)

What is the median age in Hope?

The median age in Hope is 27.3.

What is the age distribution of the population in Hope?

The age distribution in Hope is as follows:
  • Under 15: 33.1% (52 residents)
  • Ages 15-24: 11.5% (18 residents)
  • Ages 25-44: 33.1% (52 residents)
  • Ages 45-64: 8.3% (13 residents)
  • Over 65: 14% (22 residents)

What is the racial and ethnic makeup of Hope?

The racial and ethnic makeup of Hope is as follows:
  • White: 84.1% (132 residents)
  • Black or African American: 0% ( residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 15.9% (25 residents)
  • Other: 0% ( residents)

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

U.S.-born citizens represent 96.8% of the population in Hope.

How many housing units are there in Hope?

There are 49 housing units in Hope, reflecting a -5.8% 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 49 households, with an average of 3 people in each.

What is the median household income in Hope?

Hope has a median household income of $61,042, representing a +3.9% 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: 65.3% (49 residents)
  • Blue-collar workers: 34.7% (26 residents)

Places of employment:
  • Self-employed: 0% ( residents)
  • Private companies: 72% (54 residents)
  • Governmental workers: 18.7% (14 residents)
  • Not-for-profit companies: 9.3% (7 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