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Hopewell, New Jersey

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
1,823
Population
$145,114
Median Income
$586,600
Home Value
44.3
Median Age

Demographics

Hopewell has a population of 1,823 with a median age of 44.3. Here is the racial and ethnic breakdown of the population:

White
90.1%
Other
4.1%
Hispanic
2.7%
Black
1.7%
Asian
1.4%
Demographic Value
Total Population1,823
Median Age44.3
White90.1%
Black or African American1.7%
Asian1.4%
Hispanic or Latino2.7%
Other / Two or More Races4.1%
Hopewell, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 90.1%Other: 4.1%Other: 3.1%Hispanic/Latino: 2.7%1,823PopulationWhiteWhite90.1%OtherOther4.1%OtherOther3.1%Hispanic/LatinoHispanic/Latino2.7%

Income & Economy

The median household income in Hopewell is $145,114, which is 80.0% above the national median of $80,610. The per capita income is $73,894. The poverty rate is 3.9%.

$145,114
Median Household Income
$73,894
Per Capita Income
3.9%
Poverty Rate

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Education

In Hopewell, 99.1% of residents age 25+ have a high school diploma or higher, and 69.2% hold a bachelor's degree or higher (37.2% with a graduate or professional degree).

HS Diploma+
99.1%
Bachelor's+
69.2%
Graduate+
37.2%
Education Level % of Adults (25+)
High School Diploma or Higher99.1%
Bachelor's Degree or Higher69.2%
Graduate or Professional Degree37.2%

Housing

The median home value in Hopewell is $586,600, above the national median of $303,400. The median monthly rent is $1,856. The homeownership rate is 76.4%.

$586,600
Median Home Value
$1,856/mo
Median Rent
76.4%
Homeownership Rate
Housing Metric Value
Median Home Value$586,600
Median Monthly Rent$1,856
Homeownership Rate76.4%
Vacancy Rate8.2%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Hopewell, New Jersey?
The population of Hopewell, New Jersey is 1,823 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hopewell, New Jersey?
The median household income in Hopewell, New Jersey is $145,114. This is 80.0% above the national median of $80,610.
What is the median home value in Hopewell, New Jersey?
The median home value in Hopewell, New Jersey is $586,600. The median monthly rent is $1,856.
What percentage of people in Hopewell have a college degree?
In Hopewell, New Jersey, 69.2% of adults age 25 and older hold a bachelor's degree or higher, and 99.1% have a high school diploma or higher.
Is Hopewell, New Jersey an affordable place to live?
The home price-to-income ratio in Hopewell, New Jersey is 4.0x (median home value $586,600 vs. median income $145,114), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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