Hopewell, NJ
Population 1,828 · New Jersey
About Hopewell, NJ
Hopewell is a small community in New Jersey with a population of 1,828 residents. The median household income is $142,396 per year, which is above the national average. The median age in Hopewell is 44.7 years.
Housing in Hopewell has a median home value of $561,900 and median monthly rent of $1,712. Of the 816 total housing units, the majority are owner-occupied, with 594 owner-occupied and 153 renter-occupied units.
The unemployment rate in Hopewell is 1.4% and the poverty rate is 2.1%. 72.7% of residents hold a bachelor's degree or higher. The average commute time is 29.4 minutes.
How Hopewell Ranks in New Jersey
Cost of Living in Hopewell, NJ
Compared to national averages, Hopewell has a median household income of $142,396 (89% above the national median of $75,149). Home values average $561,900, which is 129% above the national median. Monthly rent at $1,712 is 47% above the US average of $1,163. Within New Jersey, Hopewell's income is 23% above the state average of $115,667, and home values are 20% above the state median of $469,644.
Why Live in Hopewell, NJ?
Hopewell offers a strong local economy with a median household income of $142,396, well above the national average, and a strong job market with an unemployment rate of just 1.4%, and a well-educated community where 72.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $561,900. However, Hopewell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hopewell has a population of 1,828 with a median age of 44.7 years. Compare Hopewell with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Hopewell
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lavallette | 1,836 | $120,938 | $1,045,200 | Compare |
| Princeton Junction | 1,842 | $219,375 | $669,100 | Compare |
| Brass Castle | 1,844 | $144,865 | $419,600 | Compare |
| Newfield | 1,811 | $105,000 | $238,600 | Compare |
| Upper Pohatcong | 1,851 | $101,338 | $238,400 | Compare |
| Seaside Park | 1,804 | $83,333 | $873,700 | Compare |
| Avon-by-the-Sea | 1,801 | $109,113 | $1,349,000 | Compare |
| Liberty Corner | 1,789 | $213,094 | $964,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hopewell
What is the population of Hopewell, NJ?
The population of Hopewell, NJ is 1,828 according to the latest Census data.
What is the median household income in Hopewell?
The median household income in Hopewell, NJ is $142,396 per year.
What is the median home value in Hopewell?
The median home value in Hopewell, NJ is $561,900.
What is the average rent in Hopewell?
The median monthly rent in Hopewell, NJ is $1,712.
What is the unemployment rate in Hopewell?
The unemployment rate in Hopewell, NJ is 1.4%.