Hopewell, Virginia Median Income

Hopewell, Virginia has a population of 23,111, with a median household income of $52,218.

Current median income data for Hopewell.

$52,218

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Population

23,111

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Median Income

$52,218

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Unemployment

4.90%

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Housing Price

$214,700

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Crime Rate

6.40

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Internet Speed

191.50 Mbps

Hopewell is a small local community located in Virginia. The city has a population that is above the average city population in Virginia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Virginia, Hopewell provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Hopewell has a population of 23,111, which is higher than the state average. This indicates a relatively larger urban presence within Virginia.

Income and Economy

The median household income in Hopewell is $52,218, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Hopewell is about $214,700, making it relatively affordable compared to many cities in Virginia.

Employment and Safety

The unemployment rate in Hopewell is 4.90%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Hopewell are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Virginia, Hopewell shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Hopewell continues to play a role in shaping regional trends in Virginia, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Hopewell

What is the population of Hopewell?

The population of Hopewell is approximately 23,111.

Is Hopewell a good place to live?

Hopewell offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Hopewell?

The median household income in Hopewell is around $52,218.

How expensive is housing in Hopewell?

The average housing price in Hopewell is approximately $214,700.