Hopkinton, Massachusetts Housing

Hopkinton, Massachusetts has a population of 18,500, with a median household income of $94,000.

Current housing data for Hopkinton.

$520,000

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Population

18,500

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

229.00 Mbps

Hopkinton is a small local community located in Massachusetts. The city has a population that is below the average city population in Massachusetts, 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 Massachusetts, Hopkinton provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Hopkinton has a population of 18,500, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hopkinton is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Hopkinton is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Hopkinton is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Hopkinton are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

As part of Massachusetts, Hopkinton contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Hopkinton

What is the population of Hopkinton?

The population of Hopkinton is approximately 18,500.

Is Hopkinton a good place to live?

Hopkinton 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 Hopkinton?

The median household income in Hopkinton is around $94,000.

How expensive is housing in Hopkinton?

The average housing price in Hopkinton is approximately $520,000.