City

Hopewell, VA

1 ZIP code  ·  Hopewell (city) County  ·  Virginia

👥31,432Population
💰$55,104Median HH Income▼ 28% below avg
🎂38.3Median Age
🏠$187,800Median Home Value▼ 33% below avg
🎓26.2%College Grads▼ 32% below avg
📊9.4%Unemployment▲ 92% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.7% Female 46.3% ♀

Race & Ethnicity

White: 42.8%Hispanic: 7.9%Black: 41.5%Asian: 1%Other: 6.4%Race
White42.8%
Hispanic7.9%
Black41.5%
Asian1.0%
Other6.4%

Age Breakdown

Under 5
7%
5–17
15%
18–24
9%
25–44
30%
45–64
25%
65+
7%

Key Indicators

Median Age38.3 yrs
Avg HH Size2.46
Below Poverty17.9% ▲ 79% above avg
College Grads26.2% ▼ 32% below avg
Unemployment9.4% ▲ 92% above avg
No HS Diploma398 (2%)
HS Graduate6,904 (35.1%)
Some College4,324 (22%)
Associates2,895 (14.7%)
Bachelors2,234 (11.4%)
Graduate Degree2,926 (14.9%)

Education

No HS: 2%HS Grad: 35.1%Some College: 22%Associates: 14.7%Bachelors: 11.4%Graduate: 14.9%Edu
No HS2.0%
HS Grad35.1%
Some College22.0%
Associates14.7%
Bachelors11.4%
Graduate14.9%
Housing & Income

Housing Tenure

Owner: 60.7%Renter: 39.3%Tenure
Owner60.7%
Renter39.3%

Home Value Distribution

Under $50k
8%
$50k–$100k
12%
$100k–$150k
15%
$150k–$200k
20%
$200k–$300k
28%
$300k–$500k
13%
Over $500k
4%

Financials

Median HH Income$55,104 ▼ 28% below avg
Median Home Value$187,800 ▼ 33% below avg
Home/Income Ratio3.4x (nat avg ~3.5x)
Median Rent$1,103/mo
Total Housing Units12,254
Vacant Units1,087

Income Distribution

Under $25k
25%
$25k–$50k
19%
$50k–$75k
17%
$75k–$100k
12%
$100k–$150k
19%
$150k–$200k
4%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
0%
Walked
1%
Work From Home
10%

Commute Time

Under 15 min
28%
15–30 min
35%
30–45 min
22%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
14%
1960s–1970s
19%
1980s–1990s
9%
2000+
55%
About Hopewell, VA

Hopewell is a city in Virginia, located in Hopewell (city) County. The city spans 1 ZIP code and is home to approximately 31,432 residents. It is a middle-aged city, with a median age of 38.3 years.

Economically, Hopewell is a solidly middle-class community. The median household income of $55,104 is below the national average. Approximately 17.9% of residents live below the poverty line. The unemployment rate is 9.4%, significantly above the national average.

The real estate market in Hopewell is an affordable housing market. Median home values stand at $187,800, which is below the national average. Renters typically pay around $1,103 per month. Homeownership is high at 60.7%, typical of suburban and family-oriented communities.

The population of Hopewell is moderately educated. 26.2% of adults hold a bachelor's degree or higher — below the national average. The community is racially diverse, with White as the largest group at 42.8%.

Hopewell, VA offers residents a cost-conscious lifestyle within Virginia.

ZIP Codes in Hopewell
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
23860 31,432 $55,104 $187,800 $1,103 9.4% 26.2% 60.7%