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

Tenure, estimate (90% margin of error)
Hope MillsCumberland CountyNorth CarolinaUnited States
Renter-occupied share33.5% (±3.5 points)45.0% (±0.8 points)33.4% (±0.2 points)34.8%
Renting households2,192 (±283)58,430 (±1,122)1,428,852 (±8,279)45,017,354
Owning households4,351 (±283)71,328 (±1,067)2,853,493 (±14,473)84,210,142
Average renter household size2.3 (±0.2)2.4 (±0.0)2.3 (±0.0)2.3
Average owner household size2.9 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent37.2% (±3.5 points)33.5% (±3.5 points)−3.7 percentage pointsNot 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

Nearest places with a published estimate, compared with Hope Mills
PlaceDistanceHouseholds that rentCompared with this place
Hope Mills—33.5% (±3.5 points)—
Parkton5.4 mi9.1% (±6.4 points)Lower
Rockfish6.4 mi29.2% (±10.8 points)Not measurably different
Fayetteville7.9 mi52.6% (±1.0 points)Higher
Lumber Bridge8.4 mi34.1% (±25.4 points)Not measurably different
Vander11 mi20.9% (±11.8 points)Lower
St. Pauls11 mi46.4% (±6.6 points)Higher
Rennert13 mi17.2% (±12.0 points)Lower
Eastover13 mi13.5% (±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

RankPlaceHouseholds that rent
1Spring Lake80.2% (±3.8 points)
2Fayetteville52.6% (±1.0 points)
3Godwin41.6% (±26.1 points)
4Hope Mills33.5% (±3.5 points)
5Wade31.5% (±13.4 points)
6Falcon22.5% (±24.6 points)
7Vander20.9% (±11.8 points)
8Linden14.8% (±15.7 points)
9Eastover13.5% (±6.1 points)
10Stedman12.6% (±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.

Join as a pro · Find a pro

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

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.

Request a Census API 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