Is Hope Mills, NC growing?
Hope Mills, NC had an estimated 17,939 (±49) residents in 2020–2024, against 15,769 in 2015–2019.
That is a change of +13.8%, a measurable increase.
Its housing went from 6,534 to 6,850 homes (+4.8%), not a measurable change.
2.5% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 17,939 (±49)
- Amount of change
- +13.8%
- Homes change
- +4.8%
- Built 2020 or later
- 2.5%
Residents and homes in Hope Mills, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 15,769 (±67) | 17,939 (±49) | +13.8% | Measurable increase |
| Housing units | 6,534 (±345) | 6,850 (±345) | +4.8% | Not a measurable change |
| Households that rent | 37.2% (±3.5 points) | 33.5% (±3.5 points) | −3.7 percentage points | Not a measurable change |
| Median gross rent | $928 (±$34) | $1,141 (±$86) | +23.0% | No measurable change after inflation |
| Median home value | $134,900 (±$8,514) | $190,600 (±$11,393) | +41.3% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Hope Mills against Cumberland County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Hope Mills | +13.8% | Measurable increase | +4.8% |
| Cumberland County | +1.7% | Measurable increase | −1.7% |
| North Carolina | +4.5% | Measurable increase | +5.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Hope Mills
| Year built | Hope Mills | Cumberland County | North Carolina | United States |
|---|---|---|---|---|
| 2020 or later | 2.5% (±1.1 points) | 1.5% | 3.0% | 2.0% |
| 2010 to 2019 | 12.3% (±2.1 points) | 10.8% | 13.5% | 9.4% |
| 2000 to 2009 | 22.4% (±3.2 points) | 16.9% | 18.6% | 13.6% |
14.8% of the homes in Hope Mills were built in 2010 or later.
The median age of residents is 34.0 years.
Growth in places near Hope Mills
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Hope Mills | — | 17,939 | +13.8% | Measurable increase |
| Parkton | 5.4 mi | 529 | +19.4% | Not a measurable change |
| Rockfish | 6.4 mi | 3,574 | +1.4% | Not a measurable change |
| Fayetteville | 7.9 mi | 210,815 | +0.2% | Measurable increase |
| Lumber Bridge | 8.4 mi | 75 | 0.0% | Not a measurable change |
| Vander | 11 mi | 1,922 | +91.1% | Measurable increase |
| St. Pauls | 11 mi | 2,688 | +27.6% | Measurable increase |
| Rennert | 13 mi | 292 | −24.4% | Not a measurable change |
| Eastover | 13 mi | 3,666 | −1.2% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hope Mills
Is Hope Mills growing?
Hope Mills, NC had an estimated 17,939 residents in 2020–2024 and 15,769 in 2015–2019, a change of +13.8%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Hope Mills?
The estimated number of housing units went from 6,534 in 2015–2019 to 6,850 in 2020–2024 (+4.8%), not a measurable change.
How much new construction is there in Hope Mills?
2.5% of homes in Hope Mills were built in 2020 or later and 12.3% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Hope Mills town, North Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hope Mills town, North Carolina
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Hope Mills town, North Carolina
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Hope Mills town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hope Mills town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hope Mills town, North Carolina
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hope Mills town, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hope Mills town, North Carolina (place:32640, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- How long people stay in Hope Mills
- Crowding and facilities in Hope Mills
- North Carolina landlord and tenant rules
- Housing across Cumberland County
- Housing data for every place in North Carolina