Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Ratings
Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.
Hope, Arkansas is a small city with a population of 9,668 people. Hope is mostly populated by White (38%) and Black or African American (44%) ethnic groups. Not a fan of sitting in traffic during your commute to work? Hope offers shorter work commutes, with an average one-way commute time taking only 18 minutes, far lower than the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Hope, Arkansas could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Hope and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, commute, housing and other important metrics.
Hope has a livability score of 63/100 and is ranked #142 in Arkansas and #13,459 in the USA. If we probe a little deeper into each category within the livability score, we see that Hope has higher than average rankings for the following: housing (A-). On a less positive note, Hope does not have favorable ranks for the following: amenities (F), crime (F) and employment (F). If we take a look at the data, we can find out why.
Finding affordable real estate and housing in Hope can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Hope is real estate affordability. Median real estate prices in Hope come in at $83,700, which is 27% lower than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Hope, the home price to income ratio is 2.1, which is 22.2% lower than the Arkansas average.
| Statistic | Hope | Arkansas | National |
| Average one way commute | 18min | 22min | 26min |
| Workers who drive to work | 82.1% | 82.7% | 76.4% |
| Workers who carpool | 16.7% | 10.8% | 9.3% |
| Workers who take public transit | 0.2% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.9% | 1.7% | 2.8% |
| Working from home | 0.2% | 3.2% | 4.6% |
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