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Last Updated: 06/10/2023

LOCAL GUIDE

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All About

Living In Hope, IN

Hope, a small town in Indiana, has a population of slightly more than 2,000. Retirees can expect to fit right in, as they make up 18% of the population compared to 14% nationally. The majority of Hope residents own their homes, and 22% of residents rent. At $807 per month, the average rent is roughly equal to the state average.

Hope has a relatively large percentage of residents over the age of 25 with an Associate's degree (7%) compared to the national average (5%). Further, 6% possess a Bachelor's degree and 2% have earned a Master's or Doctoral degree. Many Hope residents work in one of three industries: manufacturing, healthcare, and retail. Together, these industries account for 29% of the labor force in the town. Meanwhile, looking at job function, 9% of residents work in transportation, making it the top field in the town. With an average annual income of just over $57,000, Hope workers bring in a bit less than their peers elsewhere in Indiana. Hope's average income also falls below the national average of $73,345.

With an average commute time of about 30 minutes, slower than most cities in the state, Hope residents have found that getting to work takes some patience. Many residents (44%) commute to work by car, while public transportation isn't used. Few workers commute on foot.



Frequently Asked Questions About Hope

How much does it cost to rent in Hope, IN?

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