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Hopkinton, Massachusetts Demographics & Population 2026

During the 2020–2024 ACS period, Hopkinton, Massachusetts had a total population of 3,426, the 147th largest community in Massachusetts, with a median household income of $201,094, which is 93% higher than the state average. The poverty rate is 3.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hopkinton Quick Facts

Population 3,426
Median Household Income $201,094
Median Home Value $666,400
Poverty Rate 3.1%
Unemployment Rate 3.8%
Median Age 46.5 years
Homeownership Rate 81.3%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 67.5%
High School Graduation Rate 97.9%
Diversity Index 32/100
Population 3,426 147th of 248
Median Income $201,094 top 10%
Poverty Rate 3.1% 75% lower than national
Median Home Value $666,400 above average

How Hopkinton Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,1423,426+9.0%
Median household income$173,750$201,094+15.7%
Median home value$601,900$666,400+10.7%

How Hopkinton Compares

Economy & Housing

Household Income Distribution

Under $25K 6.6%
$25K-$50K 10.8%
$50K-$100K 18.7%
$100K+ 63.9%
Detailed income brackets
Under $10K
1.6%
$10K-$15K
2.3%
$15K-$20K
2.0%
$20K-$25K
0.7%
$25K-$30K
2.5%
$30K-$35K
2.1%
$35K-$40K
1.9%
$40K-$45K
1.3%
$45K-$50K
3.0%
$50K-$60K
4.3%
$60K-$75K
3.1%
$75K-$100K
11.3%
$100K-$125K
5.3%
$125K-$150K
0.4%
$150K-$200K
7.7%
$200K+
50.6%

Employment

3.8% Unemployment Rate State: 5.1%|National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 81.3%
Renter 18.7%
Affordability Index Affordable
3.3x home value to income ratio
Median gross rent $1,220/mo 7.3% of median household income annually

People & Demographics

Diversity Index

32out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 53 | National average: 61

Education

Hopkinton Rankings in Massachusetts

#147 Population of 248
#13 Median Income of 241
#34 Education of 248
#75 Home Value of 242

Other Cities in Middlesex County

CityPopulationMedian IncomePovertyHome Value
Cambridge 118,796 $130,748 12.8% $1,092,100
Lowell 118,368 $78,658 16.9% $429,200
Newton 89,044 $190,304 4.5% $1,264,900
Somerville 81,036 $132,572 9.8% $911,300
Framingham 72,399 $107,419 10.4% $627,300
Malden 65,906 $100,606 11.4% $633,500
Waltham 64,902 $120,216 9.4% $748,700
Medford 59,354 $129,540 7.6% $755,500
Everett 50,045 $85,218 14.7% $610,000
Arlington 46,350 $150,701 5.4% $933,800

Cities Similar to Hopkinton

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
North Pembroke3,393$194,309$536,00046.9%8.3%
South Duxbury3,252$212,734$982,00077.0%4.8%
Provincetown3,452$158,125$959,00061.6%5.4%
Cordaville2,989$165,375$765,90077.0%2.4%
Littleton Common3,289$135,074$558,20054.6%1.2%

Population Overview

Hopkinton is a small community located in Massachusetts, within Middlesex County. The total population is 3,426. It ranks as the 147th most populous out of 248 Census-designated places in Massachusetts.

Age Demographics

The median age in Hopkinton is 46.5 years. This is 16% higher than the state median of 40.0 years.

Economy, Income & Housing

The median household income in Hopkinton is $201,094. This is 93% higher than the state median of $103,960. It is also 149% higher than the national median of $80,734. The poverty rate stands at 3.1%. This is 69% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.8%. This is 27% lower than the state rate of 5.1%. The median home value is $666,400. Housing costs are 19% higher than the state median of $562,100. The home-value-to-income ratio is 3.3x. 81.3% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 62.5%.

Race & Ethnicity

The largest racial or ethnic group in Hopkinton is White (non-Hispanic), making up 81.8% of the population. Hispanic or Latino residents account for 7.0%. The Black or African American population (0.4%) is well below the state average of 6.4%.

Education

67.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% higher than the state rate of 47.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.9%. Notably, 29.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Hopkinton, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hopkinton, Massachusetts?

Hopkinton, Massachusetts has a population of 3,426 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hopkinton, MA?

The median household income in Hopkinton is $201,094, which is 149% higher than the national median of $80,734.

What is the poverty rate in Hopkinton, MA?

The poverty rate in Hopkinton is 3.1%. This means approximately 106 residents live below the federal poverty line.

What is the racial makeup of Hopkinton, Massachusetts?

Hopkinton's population is 81.8% White, 0.4% Black, 7.0% Hispanic/Latino, and 4.9% Asian.

What is the median home value in Hopkinton, MA?

The median home value in Hopkinton is $666,400. The home-value-to-income ratio is 3.3x.

How educated is Hopkinton, Massachusetts?

67.5% of adults (25+) in Hopkinton hold a bachelor's degree or higher, and 29.9% hold a graduate or professional degree.