Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Hope Mills, North Carolina is a moderately-sized city with a population of 15,972 residents. Hope Mills is known to be an ethnically diverse city. The two most common races are White (51%) and Black or African American (33%). Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Hope Mills is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Hope Mills can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of North Carolina, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like crime, cost of living, commute, housing, you can easily compare the best places to live in Hope Mills and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Hope Mills to North Carolina and the national average.
Hope Mills has a livability score of 64/100 and is ranked #300 in North Carolina and #12,417 in the USA. If we examine each of the categories individually, we see that Hope Mills ranks well for cost of living (A+) and housing (B+). The bad news for Hope Mills, there are some categories for which it does not rank well, this includes: amenities (F), crime (F) and employment (F).
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Hope Mills has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Hope Mills. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Hope Mills are affordable. Median real estate prices in Hope Mills come in at $138,200, which is 12% lower than the North Carolina average. The home price to income ratio compares the median home prices to the median household income. In Hope Mills, the home price to income ratio is 2.9, which is 12.1% lower than the North Carolina average.
| Statistic | Hope Mills | North Carolina | National |
| Average one way commute | 25min | 24min | 26min |
| Workers who drive to work | 83.2% | 81.1% | 76.4% |
| Workers who carpool | 11.6% | 9.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.2% | 0.2% | 0.6% |
| Workers who walk | 1.6% | 1.8% | 2.8% |
| Working from home | 2.6% | 4.8% | 4.6% |
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