Is Mount Hope, NJ a Good Place to Live?
Mount Hope is a small town of 3,092 in New Jersey, with a median household income of $83,860 and a 4.0% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.
Strengths: Mount Hope stands out for a well-educated population, short average commutes.
Trade-offs: Potential downsides include an above-average cost of living. Whether Mount Hope is right for you depends on your priorities — the full breakdown is below.
All Mount Hope city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 112.5Mount Hope's overall cost of living index is 112.5, where 100 represents the US national average. Living in Mount Hope costs roughly 12% more than the average American city.
| Metric | Mount Hope, NJ | National Avg |
|---|---|---|
| Median Home Value | $350,400 | $244,900 |
| Median Monthly Rent | $1,716 | $1,163 |
| Homeownership Rate | 85.2% | 65.9% |
| Median Household Income | $83,860 | $74,755 |
Crime & Safety
Very SafeMount Hope's violent crime rate is 27.0 per 100,000 residents — 93% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | Mount Hope, NJ | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 53.8% | 35.4% |
| High School Diploma or Higher | 97.2% | 91.1% |
Weather & Climate
Mount Hope sees average highs of 37.6°F in January and 85.4°F in July, with 51.3 inches of annual precipitation and 28.1 inches of snow per year.
| Metric | Mount Hope, NJ |
|---|---|
| Average High — January | 37.6°F |
| Average High — July | 85.4°F |
| Annual Precipitation | 51.3" |
| Annual Snowfall | 28.1" |
Demographics
| Metric | Mount Hope, NJ | National Avg |
|---|---|---|
| Population | 3,092 | — |
| Median Age | 60.1 | 38.9 |
| Unemployment Rate | 4.0% | 3.7% |
| Avg Commute Time | 25.0 min | 26 min |
| White (non-Hispanic) | 93.2% | 59.3% |
| Black or African American | 3.3% | 13.6% |
| Hispanic or Latino | 1.0% | 18.9% |
| Asian | 0.5% | 6.3% |
| Under 18 | 12.3% | 22.2% |
| 65 and over | 45.1% | 16.8% |