Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.8 yrs |
|---|---|
| Avg HH Size | 2.74 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 54.8% ▲ 41% above avg |
| Unemployment | 3.1% ▼ 37% below avg |
| No HS Diploma | 24 (0.6%) |
| HS Graduate | 960 (25%) |
| Some College | 255 (6.7%) |
| Associates | 495 (12.9%) |
| Bachelors | 221 (5.8%) |
| Graduate Degree | 1,878 (49%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $115,216 ▲ 51% above avg |
|---|---|
| Median Home Value | $456,000 ▲ 64% above avg |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $1,819/mo |
| Total Housing Units | 2,320 |
| Vacant Units | 149 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hopedale is a city in Massachusetts, located in Worcester County. The city spans 1 ZIP code and is home to approximately 6,024 residents. It is a middle-aged city, with a median age of 43.8 years.
Economically, Hopedale is a upper-middle-income community. The median household income of $115,216 is significantly above the national average. Approximately 4.2% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Hopedale is a premium housing market. Median home values stand at $456,000, which is significantly above the national average. Renters typically pay around $1,819 per month. Homeownership is high at 76.8%, typical of suburban and family-oriented communities.
The population of Hopedale is well-educated. 54.8% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (90.67%).
Hopedale, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01747 | 6,024 | $115,216 | $456,000 | $1,819 | 3.1% | 54.8% | 76.8% |