Hopewell

Population: 1,828
Median household income: $142,396
Median home value: $561,900

Hopewell is a community in Mercer County, New Jersey, home to 1,828 residents. Its median household income of $142,396 runs above the Mercer County figure of $96,333.

From 2019 to 2023, Hopewell's population declined 4.5% from 1,915 to 1,828, while its median home value rose 36.2% from $412,700 to $561,900.

Households average 2.45 people. The median gross rent is $1,712.

Demographics

ACS 2019–2023

Population: 1,828
Median age: 44.7 yrs
Median household income: $142,396
Median home value: $561,900
Median gross rent: $1,712
Housing units: 816
Homeownership rate: 79.5%
Bachelor's degree or higher: 72.7%
Unemployment rate: 1.4%

Trends

ACS 5-year · 2019–2023

Population

1,9151,828

Median household income

$109,231$142,396

Median home value

$412,700$561,900

Median gross rent

$1,605$1,712

Year	Population	Median household income	Median home value	Median gross rent
2019	1,915	$109,231	$412,700	$1,605
2020	1,857	$121,215	$427,700	$1,577
2021	1,841	$125,400	$455,700	$1,483
2022	1,825	$137,138	$509,700	$1,672
2023	1,828	$142,396	$561,900	$1,712

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.3%

5 to 1720.3%

18 to 243.5%

25 to 346.3%

35 to 4413.8%

45 to 5417.3%

55 to 6414.9%

65 to 7410.1%

75 and over7.4%

	Count	Share
Under 5	116	6.3%
5 to 17	371	20.3%
18 to 24	64	3.5%
25 to 34	116	6.3%
35 to 44	252	13.8%
45 to 54	317	17.3%
55 to 64	272	14.9%
65 to 74	185	10.1%
75 and over	135	7.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,634	89.4%
Black or African American	26	1.4%
American Indian & Alaska Native	0	0.0%
Asian	19	1.0%
Native Hawaiian & Pacific Islander	8	0.4%
Some other race	0	0.0%
Two or more races	75	4.1%
Hispanic or Latino (any race)	66	3.6%

Educational attainment (age 25+)

No high school diploma1.2%

High school graduate12.6%

Some college or associate's13.5%

Bachelor's degree36.3%

Graduate or professional degree36.5%

	Count	Share
No high school diploma	15	1.2%
High school graduate	161	12.6%
Some college or associate's	172	13.5%
Bachelor's degree	463	36.3%
Graduate or professional degree	466	36.5%

Commute to work

Mean travel time to work: 29 min

Drove alone62.4%

Carpooled2.2%

Public transit2.9%

Walked5.7%

Bicycle0.4%

Worked from home26.0%

Other means0.4%

How workers get to work

	Count	Share
Drove alone	591	62.4%
Carpooled	21	2.2%
Public transit	27	2.9%
Walked	54	5.7%
Bicycle	4	0.4%
Worked from home	246	26.0%
Other means	4	0.4%

Travel time

	Count	Share
Under 15 min	132	18.8%
15 to 29 min	285	40.7%
30 to 44 min	157	22.4%
45 to 59 min	73	10.4%
60+ min	54	7.7%

Households

Average household size: 2.45
Poverty rate: 2.1% (38 of 1,828)

	Count	Share
Family households	501	67.1%
Nonfamily households	246	32.9%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	747	91.5%
Vacant	69	8.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	594	79.5%
Renter-occupied	153	20.5%

1-unit, detached72.4%

1-unit, attached8.0%

2 to 4 units18.4%

5 to 19 units1.2%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	591	72.4%
1-unit, attached	65	8.0%
2 to 4 units	150	18.4%
5 to 19 units	10	1.2%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3433150
Type (LSAD): 21
Land area: 0.72 sq mi
Water area: 0 sq mi
Center point: 40.3893, -74.7638