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Hopewell, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Hopewell, New Jersey had a total population of 1,823, the 478th largest borough in New Jersey, with a median household income of $145,114, which is 40% higher than the state average. The poverty rate is 3.9%.

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

Key Takeaways

Hopewell Quick Facts

Population 1,823
Median Household Income $145,114
Median Home Value $586,600
Poverty Rate 3.9%
Unemployment Rate 2.1%
Median Age 44.3 years
Homeownership Rate 76.4%
Affordability Ratio 4.0x
Bachelor's Degree or Higher 69.2%
High School Graduation Rate 99.1%
Diversity Index 18/100
Population 1,823 478th of 700
Median Income $145,114 top 30%
Poverty Rate 3.9% 69% lower than national
Median Home Value $586,600 top 30%

How Hopewell 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
Population1,8281,823-0.3%
Median household income$142,396$145,114+1.9%
Median home value$561,900$586,600+4.4%

How Hopewell Compares

Economy & Housing

Household Income Distribution

Under $25K 7.1%
$25K-$50K 4.4%
$50K-$100K 27.2%
$100K+ 61.2%
Detailed income brackets
Under $10K
1.6%
$10K-$15K
0.7%
$15K-$20K
1.6%
$20K-$25K
3.2%
$25K-$30K
0.9%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
1.6%
$45K-$50K
1.9%
$50K-$60K
10.2%
$60K-$75K
5.8%
$75K-$100K
11.2%
$100K-$125K
7.8%
$125K-$150K
7.9%
$150K-$200K
12.1%
$200K+
33.4%

Employment

2.1% Unemployment Rate State: 6.3%|National: 5.2%
70.8% Labor Force Participation

Housing Overview

Owner 76.4%
Renter 23.6%
Affordability Index Moderate
4.0x home value to income ratio
Median gross rent $1,856/mo 15.3% of median household income annually

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

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

State average: 66 | National average: 61

Education

Hopewell Rankings in New Jersey

#478 Population of 700
#153 Median Income of 662
#100 Education of 699
#180 Home Value of 678

Other Cities in Mercer County

CityPopulationMedian IncomePovertyHome Value
Trenton 90,338 $52,537 21.6% $160,700
Princeton 30,756 $192,079 6.1% $1,050,600
Mercerville 13,535 $128,277 3.2% $358,600
Hamilton Square 11,622 $138,162 2.3% $397,000
White Horse 10,507 $105,758 2.6% $308,200
Twin Rivers 8,382 $100,833 3.5% $301,400
Yardville 6,301 $103,274 13.2% $360,100
Hightstown 5,920 $108,987 2.1% $342,600
Lawrenceville 3,924 $122,614 0.3% $411,900
Robbinsville Center 3,777 $134,388 11.1% $526,300

Cities Similar to Hopewell

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Navesink1,867$151,557$755,90059.9%2.9%
Sea Bright1,718$143,241$821,10061.9%6.9%
Lavallette1,865$133,056$1,089,00058.5%4.3%
Brass Castle1,936$152,256$410,80054.3%3.9%
Long Valley1,720$133,229$461,90059.5%1.9%

Population Overview

Hopewell is a small community located in New Jersey, within Mercer County. The total population is 1,823. It ranks as the 478th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Hopewell is 44.3 years. This is 10% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Hopewell is $145,114. This is 40% higher than the state median of $103,556. It is also 80% higher than the national median of $80,734. The poverty rate stands at 3.9%. This is 60% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.1%. This is 67% lower than the state rate of 6.3%. The median home value is $586,600. Housing costs are 29% higher than the state median of $454,400. The home-value-to-income ratio is 4.0x. 76.4% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 63.8%.

Race & Ethnicity

Hopewell has a predominantly White (non-Hispanic) population, comprising 90.1% of all residents. Hispanic or Latino residents account for 2.7%. The White (non-Hispanic) population is significantly higher than the state average (90.1% vs 50.9%). The Black or African American population (1.7%) is well below the state average of 12.2%. The Hispanic or Latino population (2.7%) is well below the state average of 22.5%. The Asian population (1.4%) is well below the state average of 10.1%.

Education

69.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.1%. Notably, 37.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Hopewell, New Jersey 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 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. 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 Hopewell, New Jersey?

Hopewell, New Jersey has a population of 1,823 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hopewell, NJ?

The median household income in Hopewell is $145,114, which is 80% higher than the national median of $80,734.

What is the poverty rate in Hopewell, NJ?

The poverty rate in Hopewell is 3.9%. This means approximately 71 residents live below the federal poverty line.

What is the racial makeup of Hopewell, New Jersey?

Hopewell's population is 90.1% White, 1.7% Black, 2.7% Hispanic/Latino, and 1.4% Asian.

What is the median home value in Hopewell, NJ?

The median home value in Hopewell is $586,600. The home-value-to-income ratio is 4.0x.

How educated is Hopewell, New Jersey?

69.2% of adults (25+) in Hopewell hold a bachelor's degree or higher, and 37.2% hold a graduate or professional degree.