Hopewell borough, New Jersey Demographics & Population 2026
As of 2026, Hopewell borough, New Jersey has a total population of 1,828, the 474th largest city in New Jersey, with a median household income of $142,396, which is 41% higher than the state average. The poverty rate is 2.1%.
Key Takeaways
- Household income is 41% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 2.1% — among the lowest in New Jersey.
- 72.8% of adults hold a bachelor's degree or higher — top 10% in New Jersey.
- Near full employment with an unemployment rate of just 1.4%.
Hopewell borough Quick Facts
How Hopewell borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Hopewell borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Mercer County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Trenton city | 89,966 | $47,102 | 24.7% | $122,500 |
| Princeton | 30,451 | $184,113 | 6.8% | $1,040,400 |
| Princeton Meadows CDP | 15,382 | $124,065 | 2.6% | $636,300 |
| Hightstown borough | 5,869 | $107,431 | 1.5% | $333,200 |
| Pennington borough | 2,798 | $171,282 | 4.5% | $608,200 |
| Princeton Junction CDP | 1,842 | $219,375 | 11.6% | $669,100 |
Cities Similar to Hopewell borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Brass Castle CDP | 1,844 | $144,865 | $419,600 | 59.6% | 4.9% |
| Navesink CDP | 1,904 | $145,708 | $695,300 | 57.5% | 2.2% |
| Annandale CDP | 1,751 | $149,886 | $482,700 | 66.0% | 2.5% |
| Allentown borough | 1,926 | $134,583 | $397,100 | 53.2% | 3.6% |
| Lavallette borough | 1,836 | $120,938 | $1,045,200 | 56.3% | 2.9% |
Population Overview
Hopewell borough is a small community located in New Jersey, within Mercer County. The total population is 1,828. It ranks as the 474th most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Hopewell borough is 44.7 years. This is 11% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Hopewell borough is $142,396. This is 41% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 81% higher. The poverty rate stands at 2.1%. This is 79% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.4%. This is 77% lower than the state rate of 6.2%. The median home value is $561,900. Housing costs are 31% higher than the state median of $427,600. The home-value-to-income ratio is 3.9x. 79.5% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 63.7%.
Race & Ethnicity
Hopewell borough has a predominantly White (non-Hispanic) population, comprising 89.4% of all residents. Hispanic or Latino residents account for 3.6%. The White (non-Hispanic) population is significantly higher than the state average (89.4% vs 51.9%). The Black or African American population (1.4%) is well below the state average of 12.3%. The Hispanic or Latino population (3.6%) is well below the state average of 21.9%. The Asian population (1.0%) is well below the state average of 9.8%.
Education
72.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Hopewell borough in the top 10% of all cities in the state for educational attainment. This is 70% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.8%. Notably, 36.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Hopewell borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Hopewell borough, New Jersey?
Hopewell borough, New Jersey has a population of 1,828 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Hopewell borough, NJ?
The median household income in Hopewell borough is $142,396, which is 81% higher the national median of $78,538.
What is the poverty rate in Hopewell borough, NJ?
The poverty rate in Hopewell borough is 2.1%. This means approximately 38 residents live below the federal poverty line.
What is the racial makeup of Hopewell borough, New Jersey?
Hopewell borough's population is 89.4% White, 1.4% Black, 3.6% Hispanic/Latino, and 1.0% Asian.
What is the median home value in Hopewell borough, NJ?
The median home value in Hopewell borough is $561,900. The home-value-to-income ratio is 3.9x.
How educated is Hopewell borough, New Jersey?
72.8% of adults (25+) in Hopewell borough hold a bachelor's degree or higher, and 36.5% hold a graduate or professional degree.