What percentage of people rent in Hope Mills, NC?
33.5% (±3.5 points) of the occupied homes in Hope Mills, NC are rented (2020–2024 American Community Survey).
That is 2,192 renting households against 4,351 that own their home.
In Hope Mills, the share of households that rent went from 37.2% in 2015–2019 to 33.5% in 2020–2024 (−3.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 33.5% (±3.5 points)
- Renting households
- 2,192 (±283)
- Median renter income
- $43,771 (±$6,090)
Who rents and who owns in Hope Mills
| Hope Mills | Cumberland County | North Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 33.5% (±3.5 points) | 45.0% (±0.8 points) | 33.4% (±0.2 points) | 34.8% |
| Renting households | 2,192 (±283) | 58,430 (±1,122) | 1,428,852 (±8,279) | 45,017,354 |
| Owning households | 4,351 (±283) | 71,328 (±1,067) | 2,853,493 (±14,473) | 84,210,142 |
| Average renter household size | 2.3 (±0.2) | 2.4 (±0.0) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.2) | 2.6 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $43,771 (±$6,090) | $46,059 (±$1,518) | $48,010 (±$418) | $52,966 |
| Median owner household income | $79,141 (±$5,249) | $78,395 (±$1,855) | $88,911 (±$521) | $100,009 |
In Hope Mills, the renter share is lower than in Cumberland County (45.0%).
It is not measurably different from North Carolina (33.4%).
It is not measurably different from the national figure (34.8%).
In Cumberland County, Hope Mills ranks 4 of 10 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 299 of 663.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hope Mills has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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 household income | $48,948 (±$2,919) | $65,774 (±$4,054) | +34.4% | 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.
Households that rent in places near Hope Mills
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hope Mills | — | 33.5% (±3.5 points) | — |
| Parkton | 5.4 mi | 9.1% (±6.4 points) | Lower |
| Rockfish | 6.4 mi | 29.2% (±10.8 points) | Not measurably different |
| Fayetteville | 7.9 mi | 52.6% (±1.0 points) | Higher |
| Lumber Bridge | 8.4 mi | 34.1% (±25.4 points) | Not measurably different |
| Vander | 11 mi | 20.9% (±11.8 points) | Lower |
| St. Pauls | 11 mi | 46.4% (±6.6 points) | Higher |
| Rennert | 13 mi | 17.2% (±12.0 points) | Lower |
| Eastover | 13 mi | 13.5% (±6.1 points) | Lower |
Nearby places with a measurably lower figure: Parkton, NC (9.1%), Vander, NC (20.9%), Rennert, NC (17.2%).
Nearby places with a measurably higher figure: Fayetteville, NC (52.6%), St. Pauls, NC (46.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cumberland County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Spring Lake | 80.2% (±3.8 points) |
| 2 | Fayetteville | 52.6% (±1.0 points) |
| 3 | Godwin | 41.6% (±26.1 points) |
| 4 | Hope Mills | 33.5% (±3.5 points) |
| 5 | Wade | 31.5% (±13.4 points) |
| 6 | Falcon | 22.5% (±24.6 points) |
| 7 | Vander | 20.9% (±11.8 points) |
| 8 | Linden | 14.8% (±15.7 points) |
| 9 | Eastover | 13.5% (±6.1 points) |
| 10 | Stedman | 12.6% (±7.6 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Hope Mills
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Hope Mills, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Hope Mills beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Hope Mills, and send estimates and invoices from your phone.
Questions about Hope Mills
How many renters are there in Hope Mills?
Hope Mills has an estimated 2,192 (±283) renting households, 33.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hope Mills?
In Hope Mills, the share of households that rent went from 37.2% in 2015–2019 to 33.5% in 2020–2024 (−3.7 percentage points), not a measurable change.
How big are renting households in Hope Mills?
A renting household in Hope Mills has 2.3 people on average, against 2.9 in an owned home.
How much do renters earn in Hope Mills?
The median renting household in Hope Mills, NC has an income of $43,771 (±$6,090) a year, against $79,141 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hope Mills town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 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 Household Income (B19013), 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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
- Housing in Hope Mills at a glance
- Median rent in Hope Mills
- Rent by bedrooms in Hope Mills
- Rent burden in Hope Mills
- Income and affordability in Hope Mills
- Home values in Hope Mills
- Homeowner costs in Hope Mills
- Property taxes in Hope Mills
- Types of homes in Hope Mills
- Bedrooms in Hope Mills
- Age of homes in Hope Mills
- Vacancy rate in Hope Mills
- Heating fuel in Hope Mills
- Commute and cars in Hope Mills
- Crime reported to police in Hope Mills
- Population growth in Hope Mills
- How long people stay in Hope Mills
- Crowding and facilities in Hope Mills
- North Carolina landlord and tenant rules
- Housing across Cumberland County
- North Carolina places ranked by share of renters
- Housing data for every place in North Carolina