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ZipNumbers

New Jersey · Census place 33150

Hopewell borough, NJ

Quick answer

Hopewell borough has 1,828 residents, ranking #474 of 700 places in New Jersey. Median household income is $142,396, the median home is worth $561,900 and median gross rent runs $1,712 a month.

Population
1,828Hopewell borough residents
Median household income
$142,396Past 12 months, inflation adjusted
Median home value
$561,900Owner-occupied units
Median gross rent
$1,712Rent plus utilities, monthly
Median age
44.7 yrsAll residents
Homeownership rate
79.5%Owner-occupied households

What the numbers mean in Hopewell borough

Housing cost measured against local earnings.

A household earning the Hopewell borough median would spend about 14.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.1% of residents and 79.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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