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Hope Farm (Tract 031005)

Gaston, North Carolina

FIPS 37071031005

Juniper

Hope Farm (Tract 031005) is in the lowest 3% nationally for FEMA risk score. It also sits in the lowest 3% nationally for home price growth over the past year. And it sits in the lowest 36% nationally for median rent.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$323,732

Near the U.S. tracts median
Home Price Growth, Past Five Years

55%

Higher than 62% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

3.5

Lower than 97% of U.S. tracts

The basics

Total Population

2,809

Median Age

43.3

Population Density

1,013.64

Home values & property tax

Median Property Tax

$2,491

Property Tax Rateyearly tax as a share of home value

0.81%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.81×

Near the U.S. tracts median
Median Income

$80,740

Near the U.S. tracts median
Median Rent

$1,120

Lower than 64% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

-11%

Lower than 97% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

51%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

11%

Climate & weather

Summer Avg High (°F)

89

Winter Avg Low (°F)

33.3

Avg Temperature (°F)

61.8

Hot Days/yr (>90°F)

49.2

Freezing Days/yr (<32°F)

60.8

Annual Precipitation (in)

45.3

Annual Snowfall (in)

1.2

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

3.5

Lower than 97% of U.S. tracts

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Hope Farm (Tract 031005): frequently asked questions

What is the typical home value in Hope Farm (Tract 031005)?
The estimated median home value in Hope Farm (Tract 031005) today is $323,732, near the U.S. tracts median.
How much is property tax in Hope Farm (Tract 031005)?
The median annual property tax in Hope Farm (Tract 031005) is $2,491, an effective rate of 0.81% of home value.
Is Hope Farm (Tract 031005) expensive to live in?
Homes in Hope Farm (Tract 031005) cost about 3.81× the median household income, near the U.S. tracts median.
What is the average rent in Hope Farm (Tract 031005)?
The median gross rent in Hope Farm (Tract 031005) is $1,120 a month, lower than 64% of U.S. tracts.
How much have home prices grown in Hope Farm (Tract 031005)?
Home prices in Hope Farm (Tract 031005) have moved 55% over the past five years (-11% in the past year), per the FHFA House Price Index.
How many people live in Hope Farm (Tract 031005)?
Hope Farm (Tract 031005) has a population of 2,809, about 1,013.64 people per square mile, per the U.S. Census American Community Survey. The median age is 43.3.
What is the weather like in Hope Farm (Tract 031005)?
Hope Farm (Tract 031005) averages 61.8°F year-round, summer highs near 89°F, winter lows around 33.3°F (NOAA 1991–2020 normals). It sees about 1.2 inches of snow a year.
Is Hope Farm (Tract 031005) at risk of flooding or natural disasters?
Hope Farm (Tract 031005)'s FEMA National Risk Index score is 3.5 (lower than 97% of U.S. tracts). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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