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Hope

Learn about the people, housing, costs and businesses in Hope, North Dakota

Median Home$130,700
Median Rent$738/month
Population273
Leading IndustriesWholesale Trade · Manufacturing · Agriculture & Mining20% wholesale trade
Young Adults28% of residentsnear the national average
Homeowners78% of occupied units
NotableAffordable Market$131k median home · lower cost than 81% of the country
Hope
ND

Frequently Asked Questions

What are today's mortgage rates in Hope?

As of today, the 30-year fixed mortgage rate for Hope is approximately 6.914% (6.951% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Hope?

The median home value in Hope is $131k. The median monthly rent is $738. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Hope?

Based on a typical all-in ownership cost of $711/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hope is $78k/year.

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What industries drive the economy in Hope?

The largest employment sectors in Hope are public administration (21%) and wholesale trade (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.