HomeArkansasHempstead CountyHope city
Hope city, Arkansas: commercial real estate data.
Hope city is a Census city of 8,671 people across 10.69 square miles of land, in Hempstead County. Median household income is $37,500, 60.4 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $7.3 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hope
What Hope is
- Census place typecity
- Land area10.69 sq mi
- Water area0.08 sq mi
- Population per square mile of land812
- County holding the largest share of its areaHempstead County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope
How many people live in Hope
- Population8,671
- Median age41.3
- Population under 182,229
- Share under 1825.7 percent
- Population 65 and over1,678
- Share 65 and over19.4 percent
- Households3,522
- Family households1,871
- Share of households that are families53.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope
Income and work in Hope
- Median household income$37,500
- Per capita income$32,321 plus or minus $10,652
- Civilian labor force3,496
- Employed3,286
- Unemployed210 plus or minus 156
- Unemployment rate6.0 percent plus or minus 4.4
- Adults 25 and over5,694
- Adults 25 and over with a high school diploma or higher80.2 percent
- Adults 25 and over with a bachelor degree or higher14.2 percent plus or minus 4.2
- Adults 25 and over with a graduate degree6.4 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope
Housing in Hope
- Housing units4,229
- Occupied units3,522
- Vacant units707 plus or minus 193
- Vacancy rate16.7 percent plus or minus 4.4
- Owner occupied2,129
- Renter occupied1,393 plus or minus 284
- Ownership rate60.4 percent
- Median owner-occupied home value$91,900
- Median gross rent, monthly$823
- Annual rent as a share of median income26.3 percent
- Single family units3,013
- Share single family71.2 percent
- Units in buildings of two or more710 plus or minus 257
- Share in buildings of two or more16.8 percent plus or minus 6.0
- Mobile homes506 plus or minus 183
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope
How Hope gets to work
- Workers 16 and over who commute3,187
- Commuting under 15 minutes1,638 plus or minus 411
- Share commuting under 15 minutes51.4 percent plus or minus 11.3
- Commuting 30 minutes or more728 plus or minus 242
- Share commuting 30 minutes or more22.8 percent plus or minus 7.1
- Drove alone90.6 percent
- Carpooled4.6 percent plus or minus 3.6
- Public transport0.1 percent plus or minus 0.2
- Walked0.3 percent plus or minus 0.9
- Worked from home2.3 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope
SBA loans in Hope (7(a))
- Approvals6
- Gross approval$7,320,300
- Average approval$1,220,050
- Median approval$875,000
- Ninetieth percentile approval$3,395,300
- Largest approval$3,395,300
- Jobs supported44
- Jobs per approval7.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term136 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises50.0 percent
- Distinct lenders4
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hope
SBA loans in Hope (504)
- Approvals1
- Gross approval$365,000
- Average approval$365,000
- Median approval$365,000
- Largest approval$365,000
- Jobs supported16
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hempstead County, not Hope
Hempstead County context, not Hope figures
These are Hempstead County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hope measurements.
- Establishments in Hempstead County378
- Employment at those establishments, Hempstead County5,839
- Covered employment, Hempstead County7,628
- Average annual pay, Hempstead County$45,282
- Average weekly wage, Hempstead County$871
- Housing units permitted, Hempstead County2
- Of those, single family, Hempstead County2
- County product, 2024, Hempstead County$1,323,042,000
- County product change over the prior year, Hempstead County7.1 percent
- Average income of an arriving household, Hempstead County$38,812
Every figure in this section is published for Hempstead County as a whole and is not a measurement of Hope. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hope questions, answered from the record.
How many people live in Hope, Arkansas?
8,671, in 3,522 households. Hope city covers 10.69 square miles of land, which is 812 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hope in?
Hempstead County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hope?
$37,500. The median owner-occupied home is valued at $91,900. Median gross rent is $823 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hope businesses?
6 7(a) approvals totalling $7.3 m, across 4 lenders, median approval $875,000, plus 1 504 approvals worth $365,000. These count approvals to borrowers whose address is in Hope, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hope borrowers get paid back?
No rate is published for Hope. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Hope figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hempstead County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hope.
Is zoning published for Hope?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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