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The total population of Mount Hope is estimated to be 1,032 with 507 males (49.13%) and 525 females (50.87%). There are 18 more females than males in Mount Hope.
The median household income in Mount Hope was $27,760 in 2021, which marked an a decrease of 5,604(16.80%) from $33,364 in 2020. This income is 37.21% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Mount Hope sees its highest median household income among householders in the age group of under 25 years old, at $31,346. Overall, the median household income for the city of Mount Hope stands at $27,760.
In Mount Hope, the median income for all workers aged 15 years and older, regardless of work hours, was $24,803 for males and $18,998 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $31,189 for males and $24,659 for females.
In Mount Hope, there are just two different racial groups among households. Among these, White households report a median household income of $35,940, while Black or African American households have a median household income of $22,100.
In 2022, the population of Mount Hope was 1,090, a 1.80% decrease year-by-year from 2021. Previously, in 2021, Mount Hope's population was 1,110, a decline of 1.25% compared to a population of 1,124 in 2020.
The median age in Mount Hope, WV is 42.0, as per 2021 ACS 5-Year Estimates. Of the total population, 12.39% were under the age of 15, 19.62% aged 15 to 29, 44.10% aged 30 to 64, 22.00% aged 65 to 84, and 1.88% were 85 years of age and older.
Racial distribution of Mount Hope population: 89.79% are White, 9.81% are Black or African American and 0.40% are multiracial.