Hopkinton, MA
Population 3,142 · Massachusetts
About Hopkinton, MA
Hopkinton is a small community in Massachusetts with a population of 3,142 residents. The median household income is $173,750 per year, which is above the national average. The median age in Hopkinton is 50.2 years.
Housing in Hopkinton has a median home value of $601,900 and median monthly rent of $1,053. Of the 1,173 total housing units, the majority are owner-occupied, with 931 owner-occupied and 232 renter-occupied units.
The unemployment rate in Hopkinton is 4.2% and the poverty rate is 3.9%. 66.8% of residents hold a bachelor's degree or higher. The average commute time is 33.4 minutes.
How Hopkinton Ranks in Massachusetts
Cost of Living in Hopkinton, MA
Compared to national averages, Hopkinton has a median household income of $173,750 (131% above the national median of $75,149). Home values average $601,900, which is 146% above the national median. Monthly rent at $1,053 is 9% below the US average of $1,163. Within Massachusetts, Hopkinton's income is 64% above the state average of $105,630, and home values are 7% above the state median of $561,296.
Why Live in Hopkinton, MA?
Hopkinton offers a strong local economy with a median household income of $173,750, well above the national average, and rent that’s lower than the national average at $1,053/month, and a well-educated community where 66.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $601,900. However, Hopkinton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hopkinton has a population of 3,142 with a median age of 50.2 years. Compare Hopkinton with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Hopkinton
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ocean Grove | 3,099 | $97,109 | $337,800 | Compare |
| South Dennis | 3,190 | $86,500 | $454,400 | Compare |
| Cordaville | 3,076 | $161,023 | $730,600 | Compare |
| Monument Beach | 3,067 | $86,953 | $540,600 | Compare |
| Ayer | 3,012 | $81,286 | $417,300 | Compare |
| South Duxbury | 3,272 | $206,111 | $987,500 | Compare |
| Upton | 2,985 | $109,925 | $474,600 | Compare |
| Sandwich | 2,976 | $108,583 | $511,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hopkinton
What is the population of Hopkinton, MA?
The population of Hopkinton, MA is 3,142 according to the latest Census data.
What is the median household income in Hopkinton?
The median household income in Hopkinton, MA is $173,750 per year.
What is the median home value in Hopkinton?
The median home value in Hopkinton, MA is $601,900.
What is the average rent in Hopkinton?
The median monthly rent in Hopkinton, MA is $1,053.
What is the unemployment rate in Hopkinton?
The unemployment rate in Hopkinton, MA is 4.2%.