HomeNorth CarolinaCumberland CountyHope Mills
Hope Mills, North Carolina: commercial real estate data.
Hope Mills is a Census town of 17,939 people across 9.04 square miles of land, in Cumberland County. Median household income is $65,774, 66.5 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $15.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hope Mills
What Hope Mills is
- Census place typetown
- Land area9.04 sq mi
- Water area0.16 sq mi
- Population per square mile of land1,985
- County holding the largest share of its areaCumberland 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 Mills
How many people live in Hope Mills
- Population17,939
- Median age34.0
- Population under 185,075
- Share under 1828.3 percent
- Population 65 and over2,279
- Share 65 and over12.7 percent
- Households6,543
- Family households4,380
- Share of households that are families66.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Mills
Income and work in Hope Mills
- Median household income$65,774
- Per capita income$32,051
- Civilian labor force7,563
- Employed6,941
- Unemployed622 plus or minus 160
- Unemployment rate8.2 percent plus or minus 2.1
- Adults 25 and over11,140
- Adults 25 and over with a high school diploma or higher93.1 percent
- Adults 25 and over with a bachelor degree or higher23.4 percent
- Adults 25 and over with a graduate degree7.5 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Mills
Housing in Hope Mills
- Housing units6,850
- Occupied units6,543
- Vacant units307 plus or minus 93
- Vacancy rate4.5 percent plus or minus 1.3
- Owner occupied4,351
- Renter occupied2,192
- Ownership rate66.5 percent
- Median owner-occupied home value$190,600
- Median gross rent, monthly$1,141
- Annual rent as a share of median income20.8 percent
- Single family units5,403
- Share single family78.9 percent
- Units in buildings of two or more1,336
- Share in buildings of two or more19.5 percent
- Mobile homes111 plus or minus 54
- Median year structure built1995
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Mills
How Hope Mills gets to work
- Workers 16 and over who commute6,736
- Commuting under 15 minutes1,132 plus or minus 230
- Share commuting under 15 minutes16.8 percent
- Commuting 30 minutes or more2,492
- Share commuting 30 minutes or more37.0 percent
- Drove alone78.4 percent
- Carpooled11.1 percent plus or minus 3.6
- Public transport0.0 percent
- Walked0.6 percent plus or minus 0.6
- Worked from home9.1 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Mills
SBA loans in Hope Mills (7(a))
- Approvals14
- Gross approval$15,165,200
- Average approval$1,083,229
- Median approval$418,500
- Largest approval$4,700,000
- Jobs supported202
- Jobs per approval14.4
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more28.6 percent
- Share to franchises28.6 percent
- Distinct lenders9
- Distinct industries by NAICS12
Counted by borrower city: approvals to borrowers whose address is in Hope Mills, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hope Mills
SBA loans in Hope Mills (504)
- Approvals1
- Gross approval$464,000
- Average approval$464,000
- Median approval$464,000
- Largest approval$464,000
- Jobs supported3
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Hope Mills, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hope Mills
Flood risk in Hope Mills
- NFIP communityTown of Hope Mills
- NFIP community number370312
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/18/07
The Town of Hope Mills participates in the National Flood Insurance Program as community 370312 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cumberland County, not Hope Mills
Cumberland County context, not Hope Mills figures
- Establishments in Cumberland County5,947
- Covered employment, Cumberland County122,995
- Average annual pay, Cumberland County$55,785
- Housing units permitted, Cumberland County1,230
Every figure in this section is published for Cumberland County as a whole and is not a measurement of Hope Mills.
All Cumberland County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Hope Mills questions, answered from the record.
How many people live in Hope Mills, North Carolina?
17,939, in 6,543 households. Hope Mills town covers 9.04 square miles of land, which is 1,985 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hope Mills in?
Cumberland 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 Mills?
$65,774. The median owner-occupied home is valued at $190,600. Median gross rent is $1,141 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 Mills businesses?
14 7(a) approvals totaling $15.2 m since FY2020, across 9 lenders, median approval $418,500, plus 1 504 approvals worth $464,000 since FY2010. These count approvals to borrowers whose address is in Hope Mills, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hope Mills borrowers get paid back?
No rate is published for Hope Mills. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hope Mills in the National Flood Insurance Program?
Yes. Hope Mills appears in the FEMA Community Status Book as Hope Mills, town of, community 370312, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hope Mills figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cumberland 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 Mills.
Is zoning published for Hope Mills?
No. Nothing on this page presents parcel level zoning.
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