Is Spring Hope, NC growing?
Spring Hope, NC had an estimated 1,387 (±282) residents in 2020–2024, against 1,687 in 2015–2019.
That is a change of −17.8%, not a measurable change.
Its housing went from 760 to 724 homes (−4.7%), not a measurable change.
1.9% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,387 (±282)
- Amount of change
- −17.8%
- Homes change
- −4.7%
- Built 2020 or later
- 1.9%
Residents and homes in Spring Hope, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,687 (±378) | 1,387 (±282) | −17.8% | Not a measurable change |
| Housing units | 760 (±103) | 724 (±115) | −4.7% | Not a measurable change |
| Households that rent | 62.8% (±8.3 points) | 47.8% (±9.1 points) | −15.0 percentage points | Measurable decrease |
| Median gross rent | $687 (±$143) | $763 (±$253) | +11.1% | No measurable change after inflation |
| Median home value | $101,300 (±$12,662) | $161,000 (±$22,521) | +58.9% | 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 Spring Hope against Nash County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Spring Hope | −17.8% | Not a measurable change | −4.7% |
| Nash County | +2.3% | 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 Spring Hope
| Year built | Spring Hope | Nash County | North Carolina | United States |
|---|---|---|---|---|
| 2020 or later | 1.9% (±2.9 points) | 1.7% | 3.0% | 2.0% |
| 2010 to 2019 | 2.8% (±2.8 points) | 6.9% | 13.5% | 9.4% |
| 2000 to 2009 | 10.5% (±5.6 points) | 15.8% | 18.6% | 13.6% |
4.7% of the homes in Spring Hope were built in 2010 or later.
The median age of residents is 53.4 years.
Growth in places near Spring Hope
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Spring Hope | — | 1,387 | −17.8% | Not a measurable change |
| Momeyer | 3.6 mi | 398 | +59.2% | Not a measurable change |
| Lake Royale | 4.9 mi | 3,168 | −9.1% | Not a measurable change |
| Bunn | 8.1 mi | 466 | +56.4% | Not a measurable change |
| Nashville | 8.7 mi | 5,729 | +3.9% | Measurable increase |
| Castalia | 10.0 mi | 247 | −31.4% | Not a measurable change |
| Bailey | 11 mi | 422 | −20.2% | Not a measurable change |
| Middlesex | 12 mi | 867 | −24.3% | Not a measurable change |
| Sims | 13 mi | 522 | −12.9% | 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 Spring Hope
Is Spring Hope growing?
Spring Hope, NC had an estimated 1,387 residents in 2020–2024 and 1,687 in 2015–2019, a change of −17.8%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Spring Hope?
The estimated number of housing units went from 760 in 2015–2019 to 724 in 2020–2024 (−4.7%), not a measurable change.
How much new construction is there in Spring Hope?
1.9% of homes in Spring Hope were built in 2020 or later and 2.8% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Spring Hope town, North Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Hope town, North Carolina
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Spring Hope town, North Carolina
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Spring Hope town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Spring Hope town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spring Hope town, North Carolina
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spring Hope 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 Spring Hope town, North Carolina (place:64160, 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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- Rent by bedrooms in Spring Hope
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- Renters and owners in Spring Hope
- Income and affordability in Spring Hope
- Home values in Spring Hope
- Homeowner costs in Spring Hope
- Property taxes in Spring Hope
- Types of homes in Spring Hope
- Bedrooms in Spring Hope
- Age of homes in Spring Hope
- Heating fuel in Spring Hope
- Commute and cars in Spring Hope
- How long people stay in Spring Hope
- North Carolina landlord and tenant rules
- Housing across Nash County
- Housing data for every place in North Carolina