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Hopewell, Virginia Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Hopewell, Virginia had a total population of 22,959, the 52nd largest city in Virginia, with a median household income of $54,729, which is 41% lower than the state average. The poverty rate is 21.8%.

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

Key Takeaways

Hopewell Quick Facts

Population 22,959
Median Household Income $54,729
Median Home Value $181,600
Poverty Rate 21.8%
Unemployment Rate 9.2%
Median Age 37.5 years
Homeownership Rate 57.9%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 13.7%
High School Graduation Rate 88.7%
Diversity Index 65/100
Population 22,959 52nd of 681
Median Income $54,729 bottom 30%
Poverty Rate 21.8% 75% higher than national
Median Home Value $181,600 bottom 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
Population22,94422,959+0.1%
Median household income$48,681$54,729+12.4%
Median home value$165,100$181,600+10.0%

How Hopewell Compares

Economy & Housing

Household Income Distribution

Under $25K 24.2%
$25K-$50K 22.4%
$50K-$100K 29.9%
$100K+ 23.5%
Detailed income brackets
Under $10K
10.7%
$10K-$15K
3.7%
$15K-$20K
5.5%
$20K-$25K
4.3%
$25K-$30K
3.5%
$30K-$35K
4.7%
$35K-$40K
4.8%
$40K-$45K
6.0%
$45K-$50K
3.3%
$50K-$60K
5.5%
$60K-$75K
11.1%
$75K-$100K
13.3%
$100K-$125K
10.1%
$125K-$150K
4.5%
$150K-$200K
4.0%
$200K+
5.0%

Employment

9.2% Unemployment Rate State: 4.3%|National: 5.2%
63.2% Labor Force Participation

Housing Overview

Owner 57.9%
Renter 42.1%
Affordability Index Affordable
3.3x home value to income ratio
Median gross rent $1,106/mo 24.3% of median household income annually

People & Demographics

Diversity Index

65out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 61 | National average: 61

Education

Hopewell Rankings in Virginia

#52 Population of 681
#428 Median Income of 585
#523 Education of 680
#413 Home Value of 580

Cities Similar to Hopewell

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Waynesboro22,841$59,994$245,50025.7%11.2%
Christiansburg22,720$77,147$252,60044.7%11.7%
Salem25,618$66,725$258,60033.1%10.3%
Staunton25,948$65,581$259,20037.7%12.4%
Winchester27,913$63,974$343,00031.3%21.5%

Population Overview

Hopewell is a small city located in Virginia. The total population is 22,959. It ranks as the 52nd most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Hopewell is 37.5 years. This is 4% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Hopewell is $54,729. This is 41% lower than the state median of $93,170. It is also 32% lower than the national median of $80,734. The poverty rate stands at 21.8%. This is 120% higher than the state poverty rate of 9.9%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 9.2%. This is 117% higher than the state rate of 4.3%. The median home value is $181,600. Housing costs are 53% lower than the state median of $383,700. The home-value-to-income ratio is 3.3x. 57.9% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 67.3%.

Race & Ethnicity

Hopewell is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 40.7%. The Black or African American population is significantly higher than the state average (41.6% vs 18.3%). The Asian population (1.1%) is well below the state average of 6.9%.

Education

13.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.7%.

Data Sources & Methodology

All demographic data for Hopewell, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. 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, Virginia?

Hopewell, Virginia has a population of 22,959 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hopewell, VA?

The median household income in Hopewell is $54,729, which is 32% lower than the national median of $80,734.

What is the poverty rate in Hopewell, VA?

The poverty rate in Hopewell is 21.8%. This means approximately 4,952 residents live below the federal poverty line.

What is the racial makeup of Hopewell, Virginia?

Hopewell's population is 40.7% White, 41.6% Black, 8.9% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Hopewell, VA?

The median home value in Hopewell is $181,600. The home-value-to-income ratio is 3.3x.

How educated is Hopewell, Virginia?

13.7% of adults (25+) in Hopewell hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.