Median real estate price in the City Center of Hope is $72,094, which is less expensive than 94.5% of Arkansas neighborhoods and 98.0% of all U.S. neighborhoods.
The average rental price in Hope City Center is currently $1,225, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.9% of Arkansas neighborhoods.
Hope City Center is a rural neighborhood (based on population density) located in Hope, Arkansas.
Real estate in the City Center of Hope, AR is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Hope City Center. The current real estate vacancy rate here is 23.4%. This is higher than the rate of vacancies in 91.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Hope, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
While most Americans do drive to work alone each day, the Hope City Center neighborhood stands out by having 92.4% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.1% of all American neighborhoods.
The Hope City Center neighborhood stands out for having an average per capita income lower than 98.9% of the neighborhoods in the United States.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 55.9%. This is a higher percent living alone than we found in 97.7% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Also, neighborhoodScout's exclusive research revealed that 93.1% of the adult residents in the Hope City Center neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.0% of the neighborhoods in America.
Finally, with a nice mix of college students, safety from crime, and decent walkability, the Hope City Center neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.9% of the neighborhoods in AR. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
NeighborhoodScout's exclusive research identifies the Hope City Center neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 45.0% of its working residents employed in such fields, which is a higher proportion than 97.5% of American neighborhoods.
Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Hope City Center neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.8% of its workforce, this neighborhood has a greater concentration of government workers than 97.1% of U.S. neighborhoods.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Hope City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.4% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Did you know that the Hope City Center neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.4% of this neighborhood's residents have African ancestry and 12.4% have Sub-Saharan African ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the City Center neighborhood in Hope are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.9% of U.S. neighborhoods. With 41.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.4% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Hope City Center neighborhood, 45.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.6%), and 14.8% in government jobs, whether they are in local, state, or federal positions.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Hope City Center neighborhood is English, spoken by 87.3% of households. Other important languages spoken here include Spanish and Polish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the City Center neighborhood in Hope, AR, residents most commonly identify their ethnicity or ancestry as Mexican (16.6%). There are also a number of people of Sub-Saharan African ancestry (12.4%), and residents who report African roots (12.4%), and some of the residents are also of Polish ancestry (3.1%). In addition, 10.2% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Hope City Center neighborhood spend under 15 minutes commuting one-way to work (59.4% of working residents), one of the shortest commutes across America.
Here most residents (92.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.