HomeNorth CarolinaNash CountySpring Hope town
Spring Hope town, North Carolina: commercial real estate data.
Spring Hope town is a Census town of 1,387 people across 1.51 square miles of land, in Nash County. Median household income is $38,393, 52.2 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $2.3 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Spring Hope
What Spring Hope is
- Census place typetown
- Land area1.51 sq mi
- Water area0 sq mi
- Population per square mile of land917 plus or minus 186
- County holding the largest share of its areaNash 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.
Spring Hope
How many people live in Spring Hope
- Population1,387 plus or minus 282
- Median age53.4
- Population under 18168 plus or minus 78
- Share under 1812.1 percent plus or minus 5.1
- Population 65 and over436 plus or minus 120
- Share 65 and over31.4 percent
- Households659
- Family households313 plus or minus 88
- Share of households that are families47.5 percent plus or minus 10.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hope
Income and work in Spring Hope
- Median household income$38,393 plus or minus $14,440
- Per capita income$31,051
- Civilian labor force621 plus or minus 187
- Employed607 plus or minus 181
- Unemployed14 plus or minus 27
- Unemployment rate2.3 percent plus or minus 4.3
- Adults 25 and over1,126
- Adults 25 and over with a high school diploma or higher77.9 percent plus or minus 20.8
- Adults 25 and over with a bachelor degree or higher8.7 percent plus or minus 3.3
- Adults 25 and over with a graduate degree4.9 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hope
Housing in Spring Hope
- Housing units724
- Occupied units659
- Vacant units65 plus or minus 40
- Vacancy rate9.0 percent plus or minus 5.3
- Owner occupied344 plus or minus 91
- Renter occupied315 plus or minus 74
- Ownership rate52.2 percent plus or minus 10.6
- Median owner-occupied home value$161,000
- Median gross rent, monthly$763 plus or minus $253
- Annual rent as a share of median income23.8 percent plus or minus 12.0
- Single family units522
- Share single family72.1 percent
- Units in buildings of two or more166 plus or minus 60
- Share in buildings of two or more22.9 percent plus or minus 7.4
- Mobile homes36 plus or minus 31
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hope
How Spring Hope gets to work
- Workers 16 and over who commute565 plus or minus 171
- Commuting under 15 minutes100 plus or minus 51
- Share commuting under 15 minutes17.7 percent plus or minus 7.4
- Commuting 30 minutes or more299 plus or minus 97
- Share commuting 30 minutes or more52.9 percent
- Drove alone72.8 percent
- Carpooled13.5 percent plus or minus 9.0
- Public transport0.0 percent
- Walked4.7 percent plus or minus 5.1
- Worked from home9.0 percent plus or minus 7.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hope
SBA loans in Spring Hope (7(a))
- Approvals3
- Gross approval$2,286,200
- Average approval$762,067
- Median approval$990,000
- Ninetieth percentile approval$1,096,200
- Largest approval$1,096,200
- Jobs supported17
- Jobs per approval5.7
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term186 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 1 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.
Spring Hope
Flood risk in Spring Hope
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370616
- Currently effective map date06/18/13
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.
Nash County, not Spring Hope
Nash County context, not Spring Hope figures
These are Nash County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Spring Hope measurements.
- Establishments in Nash County2,114
- Employment at those establishments, Nash County38,350
- Covered employment, Nash County39,498
- Average annual pay, Nash County$54,440
- Average weekly wage, Nash County$1,047
- Housing units permitted, Nash County500
- Of those, single family, Nash County500
- County product, 2024, Nash County$7,178,642,000
- County product change over the prior year, Nash County6.2 percent
- Average income of an arriving household, Nash County$50,343
Every figure in this section is published for Nash County as a whole and is not a measurement of Spring 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.
- 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
Spring Hope questions, answered from the record.
How many people live in Spring Hope, North Carolina?
1,387, in 659 households. Spring Hope town covers 1.51 square miles of land, which is 917 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Spring Hope in?
Nash 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 Spring Hope?
$38,393. The median owner-occupied home is valued at $161,000. Median gross rent is $763 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Spring Hope businesses?
3 7(a) approvals totalling $2.3 m, across 2 lenders, median approval $990,000. These count approvals to borrowers whose address is in Spring Hope, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Spring Hope borrowers get paid back?
No rate is published for Spring Hope. only 1 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 Spring Hope in the National Flood Insurance Program?
Yes. Spring Hope appears in the FEMA Community Status Book as community 370616, 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 Spring Hope figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Nash 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 Spring Hope.
Is zoning published for Spring Hope?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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