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Hope, AR

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
34
Very Affordable
Median Home Value
$87,800
National: $426,735
Median Rent
$777/mo
National: $1,527/mo
Household Income
$44,353
National: $84,532
Population
8,787
Purchasing Power
154
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
21 / 100
100 = national average
Rent Index
51 / 100
Overall Index
34
Very Affordable

Hope Mortgage Calculator

Pre-filled with the local median home value of $87,800 and Arkansas's property tax rate of 0.62%.

Salary & Purchasing Power

Median household income is $44,353 48% below the national average.

What $44,353 in Hope Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$196,980+344%
Los Angeles, CA$221,765+400%

Property Tax in Hope, AR

Est. Annual Property Tax
$544
Monthly Impact
$45
Added to your mortgage
Effective Rate
0.62%
National avg: ~1.00%

Arkansas Tax Overview

Tax TypeArkansasNational Avg
Property Tax Rate0.62%1.00%
Top Income Tax Rate4.4%~5.0%
State Sales Tax9.47%~5.0%

Compare Hope to Another City

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Cost of Living Comparison

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Hope, AR
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Hope, AR: 21
Rent Prices
51
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR