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Hopedale, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,360
Population
$107,909
Median Income
$424,800
Home Value
41.5
Median Age

Demographics

Hopedale has a population of 4,360 with a median age of 41.5. Here is the racial and ethnic breakdown of the population:

White
86.4%
Hispanic
5.2%
Other
4.2%
Black
2.3%
Asian
1.9%
Demographic Value
Total Population4,360
Median Age41.5
White86.4%
Black or African American2.3%
Asian1.9%
Hispanic or Latino5.2%
Other / Two or More Races4.2%
Hopedale, Massachusetts — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 86.4%Hispanic/Latino: 5.2%Other: 4.2%Black: 2.3%Other: 1.9%4,360PopulationWhiteWhite86.4%Hispanic/LatinoHispanic/Latino5.2%OtherOther4.2%BlackBlack2.3%OtherOther1.9%

Income & Economy

The median household income in Hopedale is $107,909, which is 33.9% above the national median of $80,610. The per capita income is $53,363. The poverty rate is 3.7%.

$107,909
Median Household Income
$53,363
Per Capita Income
3.7%
Poverty Rate

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Education

In Hopedale, 93.3% of residents age 25+ have a high school diploma or higher, and 42.4% hold a bachelor's degree or higher (22.7% with a graduate or professional degree).

HS Diploma+
93.3%
Bachelor's+
42.4%
Graduate+
22.7%
Education Level % of Adults (25+)
High School Diploma or Higher93.3%
Bachelor's Degree or Higher42.4%
Graduate or Professional Degree22.7%

Housing

The median home value in Hopedale is $424,800, above the national median of $303,400. The median monthly rent is $1,805. The homeownership rate is 74.6%.

$424,800
Median Home Value
$1,805/mo
Median Rent
74.6%
Homeownership Rate
Housing Metric Value
Median Home Value$424,800
Median Monthly Rent$1,805
Homeownership Rate74.6%
Vacancy Rate5.1%

Salaries in Massachusetts

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Frequently Asked Questions

What is the population of Hopedale, Massachusetts?
The population of Hopedale, Massachusetts is 4,360 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hopedale, Massachusetts?
The median household income in Hopedale, Massachusetts is $107,909. This is 33.9% above the national median of $80,610.
What is the median home value in Hopedale, Massachusetts?
The median home value in Hopedale, Massachusetts is $424,800. The median monthly rent is $1,805.
What percentage of people in Hopedale have a college degree?
In Hopedale, Massachusetts, 42.4% of adults age 25 and older hold a bachelor's degree or higher, and 93.3% have a high school diploma or higher.
Is Hopedale, Massachusetts an affordable place to live?
The home price-to-income ratio in Hopedale, Massachusetts is 3.9x (median home value $424,800 vs. median income $107,909), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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