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Hope, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Hope, Indiana had a total population of 2,029, the 228th largest town in Indiana, with a median household income of $76,188, which is 6% higher than the state average. The poverty rate is 8.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hope Quick Facts

Population 2,029
Median Household Income $76,188
Median Home Value $148,600
Poverty Rate 8.9%
Unemployment Rate 1.9%
Median Age 31.2 years
Homeownership Rate 79.5%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 9.5%
High School Graduation Rate 89.5%
Diversity Index 16/100
Population 2,029 228th of 967
Median Income $76,188 top 30%
Poverty Rate 8.9% 28% lower than national
Median Home Value $148,600 average

How Hope Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,9882,029+2.1%
Median household income$68,015$76,188+12.0%
Median home value$127,200$148,600+16.8%

How Hope Compares

Economy & Housing

Household Income Distribution

Under $25K 9.3%
$25K-$50K 18.6%
$50K-$100K 39.9%
$100K+ 32.1%
Detailed income brackets
Under $10K
3.4%
$10K-$15K
1.4%
$15K-$20K
3.3%
$20K-$25K
1.1%
$25K-$30K
5.3%
$30K-$35K
4.0%
$35K-$40K
3.3%
$40K-$45K
4.7%
$45K-$50K
1.3%
$50K-$60K
2.4%
$60K-$75K
18.2%
$75K-$100K
19.2%
$100K-$125K
12.8%
$125K-$150K
11.3%
$150K-$200K
6.5%
$200K+
1.6%

Employment

1.9% Unemployment Rate State: 4.3%|National: 5.2%
71.9% Labor Force Participation

Housing Overview

Owner 79.5%
Renter 20.5%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $1,156/mo 18.2% of median household income annually

People & Demographics

Diversity Index

16out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Hope Rankings in Indiana

#228 Population of 967
#231 Median Income of 796
#660 Education of 966
#395 Home Value of 818

Other Cities in Bartholomew County

CityPopulationMedian IncomePovertyHome Value
Columbus 51,824 $77,456 11.3% $244,200
Taylorsville 1,248 N/A 33.9% $169,100
Elizabethtown 372 $53,750 15.0% $153,000
Hartsville 277 $64,375 7.2% $147,300
Clifford 165 $58,750 14.5% $125,900
Jonesville 129 $55,179 8.5% $123,400

Cities Similar to Hope

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bristol2,128$77,188$229,50020.8%7.4%
Southport1,975$71,058$206,30022.7%11.0%
Haubstadt1,905$74,940$228,10024.8%4.9%
Roanoke1,940$71,488$185,20030.2%10.8%
New Carlisle1,998$66,824$186,70030.3%4.5%

Population Overview

Hope is a small community located in Indiana, within Bartholomew County. The total population is 2,029. It ranks as the 228th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Hope is 31.2 years. This is 18% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Hope is $76,188. This is 6% higher than the state median of $71,957. It is also 6% lower than the national median of $80,734. The poverty rate stands at 8.9%. This is 28% lower than the state poverty rate of 12.3%. The unemployment rate is 1.9%. This is 56% lower than the state rate of 4.3%. The median home value is $148,600. Housing costs are 32% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.0x, Hope is one of the most affordable housing markets in the area. 79.5% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 70.5%.

Race & Ethnicity

Hope has a predominantly White (non-Hispanic) population, comprising 91.6% of all residents. Hispanic or Latino residents account for 2.6%. The Hispanic or Latino population (2.6%) is well below the state average of 8.6%. The Asian population (0.5%) is well below the state average of 2.6%.

Education

9.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 68% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.5%.

Data Sources & Methodology

All demographic data for Hope, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hope, Indiana?

Hope, Indiana has a population of 2,029 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hope, IN?

The median household income in Hope is $76,188, which is 6% lower than the national median of $80,734.

What is the poverty rate in Hope, IN?

The poverty rate in Hope is 8.9%. This means approximately 181 residents live below the federal poverty line.

What is the racial makeup of Hope, Indiana?

Hope's population is 91.6% White, 0.0% Black, 2.6% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Hope, IN?

The median home value in Hope is $148,600. The home-value-to-income ratio is 2.0x.

How educated is Hope, Indiana?

9.5% of adults (25+) in Hope hold a bachelor's degree or higher, and 0.7% hold a graduate or professional degree.