Hopewell, PA
Population 149 · Pennsylvania
About Hopewell, PA
Hopewell is a small community located in Pennsylvania with a population of 149 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,875 per year, which is 44% below the national median of $75,149. The median age of 50.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Hopewell features a median home value of $104,200, which is 57% below the national median of $244,900. This makes Hopewell one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $658, 43% below the national average of $1,163/month. Of the 86 total housing units, 59% are owner-occupied (41 units) and 41% are renter-occupied (28 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hopewell shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 10.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hopewell have an average one-way commute time of 27.7 minutes.
Education & Demographics
18.3% of Hopewell residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Hopewell, PA
Compared to national averages, Hopewell has a median household income of $41,875 (44% below the national median of $75,149). Home values average $104,200, which is 57% below the national median. Monthly rent at $658 is 43% below the US average of $1,163. Within Pennsylvania, Hopewell's income is 43% below the state average of $73,376, and home values are 45% below the state median of $190,903.
Why Live in Hopewell, PA?
Hopewell offers affordable housing with a median home value of $104,200, below the US average of $244,900, and rent that’s lower than the national average at $658/month, and a low poverty rate of 10.9%, better than the national average.
Potential considerations include median household income ($41,875) that falls below the national average. However, Hopewell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hopewell has a population of 149 with a median age of 50.5 years. Compare Hopewell with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Hopewell
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jeddo | 148 | $63,015 | $127,100 | Compare |
| Pleasantville borough (Bedford County), Pennsylvania | 148 | $50,000 | $131,300 | Compare |
| Summit Station | 148 | $81,635 | $0 | Compare |
| Utica | 150 | $54,583 | $65,000 | Compare |
| Wopsononock | 148 | $0 | $0 | Compare |
| Burlington | 151 | $43,250 | $171,900 | Compare |
| Idaville | 151 | $79,250 | $188,300 | Compare |
| Frenchville | 146 | $56,875 | $135,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
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, PA?
The population of Hopewell, PA is 149 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Hopewell?
The median household income in Hopewell, PA is $41,875 per year, which is 44% below the national median of $75,149.
What is the median home value in Hopewell?
The median home value in Hopewell, PA is $104,200, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hopewell?
The median monthly rent in Hopewell, PA is $658, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Hopewell?
The unemployment rate in Hopewell, PA is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hopewell, PA a good place to live?
Hopewell offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 149 and a median age of 50.5, the city appeals to established professionals and retirees.
How educated is Hopewell, PA?
18.3% of residents in Hopewell aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Hopewell?
Key cost-of-living indicators for Hopewell, PA: median home value is $104,200 (57% below national), median rent is $658/month, and median household income is $41,875. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hopewell?
The poverty rate in Hopewell, PA is 10.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hopewell, PA?
Hopewell's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 2.7% of residents are foreign-born.