HomeNorth CarolinaCumberland CountyHope Mills town
Hope Mills town, North Carolina: commercial real estate data.
Hope Mills town 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.
80 sourced place values · tier FULL · 9 sections
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 7(a) lending to Hope Mills borrowers
- Approvals14
- Gross approval$15,165,200
- Average approval$1,083,229
- Median approval$487,000
- Ninetieth percentile approval$4,000,000
- 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
A charge-off rate is not published here. only 2 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 Mills
SBA 504 lending to Hope Mills borrowers
- 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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hope Mills
Flood programme status in Hope Mills
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370312
- Currently effective map date12/18/07
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Cumberland County, not Hope Mills
Cumberland County context, not Hope Mills figures
These are Cumberland 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 Mills measurements.
- Establishments in Cumberland County5,947
- Employment at those establishments, Cumberland County98,142
- Covered employment, Cumberland County122,995
- Average annual pay, Cumberland County$55,785
- Average weekly wage, Cumberland County$1,073
- Housing units permitted, Cumberland County1,230
- Of those, single family, Cumberland County1,030
- County product, 2024, Cumberland County$24,444,527,000
- County product change over the prior year, Cumberland County5.6 percent
- Average income of an arriving household, Cumberland County$47,329
Every figure in this section is published for Cumberland County as a whole and is not a measurement of Hope Mills. 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.
- 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 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 totalling $15.2 m, across 9 lenders, median approval $487,000, plus 1 504 approvals worth $464,000. 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 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.
Is Hope Mills in the National Flood Insurance Program?
Yes. Hope Mills appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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