HomeWest VirginiaFayette CountyMount Hope
Mount Hope, West Virginia: commercial real estate data.
Mount Hope is a Census city of 1,504 people across 1.85 square miles of land, in Fayette County. Median household income is $34,375, 51.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $50,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Mount Hope
What Mount Hope is
- Census place typecity
- Land area1.85 sq mi
- Water area0 sq mi
- Population per square mile of land815
- County holding the largest share of its areaFayette 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.
Mount Hope
How many people live in Mount Hope
- Population1,504
- Median age39.8
- Population under 18288 plus or minus 108
- Share under 1819.1 percent plus or minus 6.1
- Population 65 and over347 plus or minus 93
- Share 65 and over23.1 percent
- Households656
- Family households396
- Share of households that are families60.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Hope
Income and work in Mount Hope
- Median household income$34,375 plus or minus $18,426
- Per capita income$21,475
- Civilian labor force528 plus or minus 152
- Employed451 plus or minus 149
- Unemployed77 plus or minus 51
- Unemployment rate14.6 percent plus or minus 8.7
- Adults 25 and over1,056
- Adults 25 and over with a high school diploma or higher90.8 percent
- Adults 25 and over with a bachelor degree or higher12.2 percent plus or minus 4.3
- Adults 25 and over with a graduate degree4.4 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Hope
Housing in Mount Hope
- Housing units736
- Occupied units656
- Vacant units80 plus or minus 46
- Vacancy rate10.9 percent plus or minus 6.1
- Owner occupied338 plus or minus 71
- Renter occupied318 plus or minus 89
- Ownership rate51.5 percent
- Median owner-occupied home value$101,000 plus or minus $29,826
- Median gross rent, monthly$549 plus or minus $172
- Annual rent as a share of median income19.2 percent plus or minus 11.9
- Single family units436
- Share single family59.2 percent
- Units in buildings of two or more254 plus or minus 83
- Share in buildings of two or more34.5 percent plus or minus 10.4
- Mobile homes46 plus or minus 34
- Median year structure built1951
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Hope
How Mount Hope gets to work
- Workers 16 and over who commute426 plus or minus 141
- Commuting under 15 minutes98 plus or minus 44
- Share commuting under 15 minutes23.0 percent plus or minus 6.9
- Commuting 30 minutes or more68 plus or minus 42
- Share commuting 30 minutes or more16.0 percent plus or minus 8.3
- Drove alone71.0 percent
- Carpooled18.8 percent plus or minus 10.2
- Public transport0.0 percent
- Walked2.0 percent plus or minus 2.6
- Worked from home5.5 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Hope
SBA loans in Mount Hope (7(a))
- Approvals1
- Gross approval$50,000
- Average approval$50,000
- Median approval$50,000
- Largest approval$50,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Mount Hope, in any county, FY2020 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, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mount Hope
Flood risk in Mount Hope
- NFIP communityCity of Mount Hope
- NFIP community number540280
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/03/10(M)
The City of Mount Hope participates in the National Flood Insurance Program as community 540280 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.
Fayette County, not Mount Hope
Fayette County context, not Mount Hope figures
- Establishments in Fayette County710
- Covered employment, Fayette County10,265
- Average annual pay, Fayette County$47,615
- Housing units permitted, Fayette County28
Every figure in this section is published for Fayette County as a whole and is not a measurement of Mount Hope.
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
Mount Hope questions, answered from the record.
How many people live in Mount Hope, West Virginia?
1,504, in 656 households. Mount Hope city covers 1.85 square miles of land, which is 815 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Mount Hope in?
Fayette 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 Mount Hope?
$34,375. The median owner-occupied home is valued at $101,000. Median gross rent is $549 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Mount Hope businesses?
1 7(a) approvals totaling $50,000 since FY2020, across 1 lenders, median approval $50,000. These count approvals to borrowers whose address is in Mount Hope, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Mount Hope borrowers get paid back?
No rate is published for Mount Hope. Only 0 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 Mount Hope in the National Flood Insurance Program?
Yes. Mount Hope appears in the FEMA Community Status Book as Mount Hope, city of, community 540280, 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 Mount Hope figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fayette 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 Mount Hope.
Is zoning published for Mount Hope?
No. Nothing on this page presents parcel level zoning.