This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Hope is a tiny village located in the state of New Mexico. With a population of 109 people and just one neighborhood, Hope is the 161st largest community in New Mexico.
Occupations and Workforce
Because occupations involving physical labor dominate the local economy, Hope is generally considered to be a blue-collar town. 46.67% of the Hope workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Hope is a village of construction workers and builders, professionals, and sales and office workers. There are especially a lot of people living in Hope who work in teaching (20.00%), farm management occupations (15.56%), and office and administrative support (8.89%).
Setting & Lifestyle
The overall crime rate in Hope is one of the lowest in the US. This makes it one of the safer places to live in the country in terms of crime.
The village is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Hope has relatively fewer families with younger children, and/or college students. Combined, this makes Hope a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
One downside of living in Hope is that it can take a long time to commute to work. In Hope, the average commute to work is 30.89 minutes, which is quite a bit higher than the national average.
Hope is a small village, and as is often the case with smaller towns, the population isn't large or dense enough to support much in the way of a public transportation system. In fact, there are many rural roads around Hope, which makes walking or biking to and from work a bit difficult. This makes for a very car-oriented town: 100.00% of residents commute to work by private automobile, and people often drive out of town for work, shopping, and other activities.
Being a small village, Hope does not have a public transit system used by locals to get to and from work.
Demographics
The education level of Hope citizens, measured as those with bachelor's degrees or advanced degrees, is similar to the national average for all American cities and towns. 18.42% of adults 25 and older in Hope have a college degree.
The per capita income in Hope in 2022 was $48,248, which is wealthy relative to New Mexico and the nation. This equates to an annual income of $192,992 for a family of four. However, Hope contains both very wealthy and poor people as well.
Hope is an extremely ethnically-diverse village. The people who call Hope home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Hope, accounting for 51.52% of the village’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Hope residents report their race to be White. Important ancestries of people in Hope include French, German, Irish, Polish, and Yugoslavian.
Hope also has a high percentage of its population that was born in another country: 20.20%.
The most common language spoken in Hope is Spanish. Other important languages spoken here include English and Italian.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Real Estate
Unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 98.6% of the neighborhoods in America.
In addition, the real estate in this neighborhood consists of more mobile homes than 98.1% of all neighborhoods in America, with 41.8% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 36.3% of the households here have four, five, or more cars. That is more cars per household than in 96.8% of the neighborhoods in the nation.
The Neighbors
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 neighborhood in Hope are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.2% of the neighborhoods in America. With 19.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.6% 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 neighborhood, 43.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 36.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.2%), and 5.9% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the neighborhood is English, spoken by 79.4% of households. Some people also speak Spanish (20.4%).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Hope, NM, residents most commonly identify their ethnicity or ancestry as Mexican (43.9%). There are also a number of people of English ancestry (11.1%), and residents who report Irish roots (6.9%), and some of the residents are also of German ancestry (5.8%), along with some Dutch ancestry residents (2.5%), among others.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (48.2% of working residents), one of the shortest commutes across America.
Here most residents (87.6%) 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 (8.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
