HomeWest VirginiaFayette CountyMount Hope city
Mount Hope city, West Virginia: commercial real estate data.
Mount Hope city 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.
66 sourced place values · tier FULL · 7 sections · 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
- Ninetieth percentile 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
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.
Fayette County, not Mount Hope
Fayette County context, not Mount Hope figures
These are Fayette County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Mount Hope measurements.
- Establishments in Fayette County710
- Employment at those establishments, Fayette County7,593
- Covered employment, Fayette County10,265
- Average annual pay, Fayette County$47,615
- Average weekly wage, Fayette County$916
- Housing units permitted, Fayette County28
- Of those, single family, Fayette County28
- County product, 2024, Fayette County$1,577,557,000
- County product change over the prior year, Fayette County6.8 percent
- Average income of an arriving household, Fayette County$42,216
Every figure in this section is published for Fayette County as a whole and is not a measurement of Mount 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
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 totalling $50,000, 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 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 Mount Hope figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.