Hope town, Indiana Demographics & Population 2026

Name: Hope town, Indiana Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

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Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Hope town, Indiana has a total population of 1,988, the 233rd largest city in Indiana, with a median household income of $68,015, which is 3% lower than the state average. The poverty rate is 15.2%.

Key Takeaways

Only 9.6% of adults have a bachelor's degree, well below the national average of 35.0%.
Housing is very affordable with a home-value-to-income ratio of just 1.9x.
Near full employment with an unemployment rate of just 1.1%.

Hope town Quick Facts

Population 1,988

Median Household Income $68,015

Median Home Value $127,200

Poverty Rate 15.2%

Unemployment Rate 1.1%

Median Age 31.5 years

Homeownership Rate 77.5%

Affordability Ratio 1.9x

Bachelor's Degree or Higher 9.6%

High School Graduation Rate 85.8%

Diversity Index 16/100

Population 1,988 233rd of 967

Median Income $68,015 above average

Poverty Rate 15.2% 22% higher national

Median Home Value $127,200 average

How Hope town Compares

Median Household Income

Hope town

$68,015

$70,051

National

$78,538

Median Home Value

Hope town

$127,200

$201,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 12.9%

$25K-$50K 23.8%

$50K-$100K 40.4%

$100K+ 22.9%

Employment

1.1% Unemployment Rate State: 4.3% | National: 5.2%

76.0% Labor Force Participation

Housing Overview

Owner 77.5%

Renter 22.5%

Affordability Index Very Affordable

1.9x home value to income ratio

People & Demographics

Age Distribution

Under 18

26.5%

18-34

29.0%

35-54

25.7%

55-74

15.7%

75+

3.1%

Race & Ethnicity

Diversity Index

Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Educational Attainment (Adults 25+)

Hope town Rankings in Indiana

#233 Population of 967

#315 Median Income of 967

#646 Education of 967

#435 Home Value of 967

Explore Indiana Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Hope town

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Trail Creek town	1,983	$65,929	$177,600	21.0%	9.2%
Southport city	2,036	$69,148	$186,500	17.5%	11.1%
Walkerton town	2,052	$62,521	$132,300	21.2%	5.8%
New Carlisle town	2,110	$65,625	$180,100	32.2%	6.0%
Hamilton town	1,849	$66,884	$265,600	20.2%	8.2%

Population Overview

Hope town is a small community located in Indiana. The total population is 1,988. It ranks as the 233rd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Hope town is 31.5 years. This is 17% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Hope town is $68,015. This is 3% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 13% lower. The poverty rate stands at 15.2%. This is 25% higher than the state poverty rate of 12.2%. The unemployment rate is 1.1%. This is 74% lower than the state rate of 4.3%. The median home value is $127,200. Housing costs are 37% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.9x, Hope town is one of the most affordable housing markets in the area. 77.5% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 70.3%.

Race & Ethnicity

Hope town has a predominantly White (non-Hispanic) population, comprising 91.6% of all residents. Hispanic or Latino residents account for 3.9%. The Hispanic or Latino population (3.9%) is well below the state average of 8.4%. The Asian population (0.5%) is well below the state average of 2.5%.

Education

9.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.8%.

Data Sources & Methodology

All demographic data for Hope town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Hope town, Indiana?

Hope town, Indiana has a population of 1,988 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hope town, IN?

The median household income in Hope town is $68,015, which is 13% lower the national median of $78,538.

What is the poverty rate in Hope town, IN?

The poverty rate in Hope town is 15.2%. This means approximately 302 residents live below the federal poverty line.

What is the racial makeup of Hope town, Indiana?

Hope town's population is 91.6% White, 0.0% Black, 3.9% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Hope town, IN?

The median home value in Hope town is $127,200. The home-value-to-income ratio is 1.9x.

How educated is Hope town, Indiana?

9.6% of adults (25+) in Hope town hold a bachelor's degree or higher, and 0.9% hold a graduate or professional degree.