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Hopewell, Tennessee Demographics & Population 2026

During the 2020–2024 ACS period, Hopewell, Tennessee had a total population of 2,634, the 179th largest community in Tennessee, with a median household income of $87,842, which is 26% higher than the state average. The poverty rate is 18.7%.

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

Hopewell Quick Facts

Population 2,634
Median Household Income $87,842
Median Home Value $305,600
Poverty Rate 18.7%
Unemployment Rate 3.3%
Median Age 39.2 years
Homeownership Rate 81.7%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 24.3%
High School Graduation Rate 86.5%
Diversity Index 32/100
Population 2,634 179th of 502
Median Income $87,842 top 20%
Poverty Rate 18.7% 50% higher than national
Median Home Value $305,600 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
Population2,6242,634+0.4%
Median household income$85,461$87,842+2.8%
Median home value$227,700$305,600+34.2%

How Hopewell Compares

Economy & Housing

Household Income Distribution

Under $25K 15.8%
$25K-$50K 15.3%
$50K-$100K 37.4%
$100K+ 31.4%
Detailed income brackets
Under $10K
1.0%
$10K-$15K
3.8%
$15K-$20K
1.2%
$20K-$25K
9.8%
$25K-$30K
2.6%
$30K-$35K
5.7%
$35K-$40K
0.3%
$40K-$45K
0.0%
$45K-$50K
6.8%
$50K-$60K
5.7%
$60K-$75K
5.1%
$75K-$100K
26.6%
$100K-$125K
16.5%
$125K-$150K
5.9%
$150K-$200K
8.0%
$200K+
1.0%

Employment

3.3% Unemployment Rate State: 4.7%|National: 5.2%
67.0% Labor Force Participation

Housing Overview

Owner 81.7%
Renter 18.3%
Affordability Index Affordable
3.5x home value to income ratio
Median gross rent $1,296/mo 17.7% 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: 46 | National average: 61

Education

Hopewell Rankings in Tennessee

#179 Population of 502
#69 Median Income of 453
#146 Education of 502
#96 Home Value of 464

Other Cities in Bradley County

CityPopulationMedian IncomePovertyHome Value
Cleveland 48,829 $58,559 16.7% $272,200
South Cleveland 7,452 $66,601 10.2% $232,600
Wildwood Lake 3,495 $62,722 15.0% $231,700
East Cleveland 1,934 $48,878 26.5% $124,100
Charleston 956 $72,763 9.3% $217,400
McDonald 712 $95,698 4.9% $214,100

Cities Similar to Hopewell

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Coalfield2,754$90,104$190,20037.0%10.7%
Strawberry Plains2,669$75,027$168,40013.0%3.0%
Park City2,813$95,417$216,70014.9%4.7%
Jacksboro2,650$68,750$236,50018.0%12.7%
Brighton2,889$80,882$214,10020.4%14.9%

Population Overview

Hopewell is a small community located in Tennessee, within Bradley County. The total population is 2,634. It ranks as the 179th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Hopewell is 39.2 years. This is about the same as the state median of 38.9 years.

Economy, Income & Housing

The median household income in Hopewell is $87,842. This is 26% higher than the state median of $69,595. It is also 9% higher than the national median of $80,734. The poverty rate stands at 18.7%. This is 36% higher than the state poverty rate of 13.8%. The unemployment rate is 3.3%. This is 30% lower than the state rate of 4.7%. The median home value is $305,600. Housing costs are 7% higher than the state median of $286,700. The home-value-to-income ratio is 3.5x. 81.7% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 66.9%.

Race & Ethnicity

The largest racial or ethnic group in Hopewell is White (non-Hispanic), making up 81.7% of the population. Hispanic or Latino residents account for 12.1%. The Black or African American population (1.6%) is well below the state average of 15.4%. The Hispanic or Latino population is significantly higher than the state average (12.1% vs 7.4%).

Education

24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 22% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.5%.

Data Sources & Methodology

All demographic data for Hopewell, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. 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, Tennessee?

Hopewell, Tennessee has a population of 2,634 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hopewell, TN?

The median household income in Hopewell is $87,842, which is 9% higher than the national median of $80,734.

What is the poverty rate in Hopewell, TN?

The poverty rate in Hopewell is 18.7%. This means approximately 492 residents live below the federal poverty line.

What is the racial makeup of Hopewell, Tennessee?

Hopewell's population is 81.7% White, 1.6% Black, 12.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Hopewell, TN?

The median home value in Hopewell is $305,600. The home-value-to-income ratio is 3.5x.

How educated is Hopewell, Tennessee?

24.3% of adults (25+) in Hopewell hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.