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Hopewell, Virginia

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
22,959
Population
$54,729
Median Income
$181,600
Home Value
37.5
Median Age

Demographics

Hopewell has a population of 22,959 with a median age of 37.5. Here is the racial and ethnic breakdown of the population:

Black
43.6%
White
41.1%
Hispanic
8.9%
Other
5.3%
Asian
1.1%
Demographic Value
Total Population22,959
Median Age37.5
White41.1%
Black or African American43.6%
Asian1.1%
Hispanic or Latino8.9%
Other / Two or More Races5.3%
Hopewell, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.Black: 43.6%White: 41.1%Hispanic/Latino: 8.9%Other: 5.3%Other: 1.1%22,959PopulationBlackBlack43.6%WhiteWhite41.1%Hispanic/LatinoHispanic/Latino8.9%OtherOther5.3%OtherOther1.1%

Income & Economy

The median household income in Hopewell is $54,729, which is 32.1% below the national median of $80,610. The per capita income is $28,711. The poverty rate is 21.8%.

$54,729
Median Household Income
$28,711
Per Capita Income
21.8%
Poverty Rate

Employment

The unemployment rate in Hopewell is 4.2%, compared to the national rate of 4.1%.

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Education

In Hopewell, 88.7% of residents age 25+ have a high school diploma or higher, and 13.7% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).

HS Diploma+
88.7%
Bachelor's+
13.7%
Graduate+
4.2%
Education Level % of Adults (25+)
High School Diploma or Higher88.7%
Bachelor's Degree or Higher13.7%
Graduate or Professional Degree4.2%

Housing

The median home value in Hopewell is $181,600, below the national median of $303,400. The median monthly rent is $1,106. The homeownership rate is 57.9%.

$181,600
Median Home Value
$1,106/mo
Median Rent
57.9%
Homeownership Rate
Housing Metric Value
Median Home Value$181,600
Median Monthly Rent$1,106
Homeownership Rate57.9%
Vacancy Rate11.4%

Salaries in Virginia

Explore salary data for popular occupations in Virginia:

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Other Cities in Virginia

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Frequently Asked Questions

What is the population of Hopewell, Virginia?
The population of Hopewell, Virginia is 22,959 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hopewell, Virginia?
The median household income in Hopewell, Virginia is $54,729. This is 32.1% below the national median of $80,610.
What is the median home value in Hopewell, Virginia?
The median home value in Hopewell, Virginia is $181,600. The median monthly rent is $1,106.
What percentage of people in Hopewell have a college degree?
In Hopewell, Virginia, 13.7% of adults age 25 and older hold a bachelor's degree or higher, and 88.7% have a high school diploma or higher.
Is Hopewell, Virginia an affordable place to live?
The home price-to-income ratio in Hopewell, Virginia is 3.3x (median home value $181,600 vs. median income $54,729), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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