Virginia · Census place 38424
Hopewell city, VA
Quick answer
Hopewell city has 22,944 residents, ranking #52 of 688 places in Virginia. Median household income is $48,681, the median home is worth $165,100 and median gross rent runs $1,085 a month.
- Population
- 22,944Hopewell city residents
- Median household income
- $48,681Past 12 months, inflation adjusted
- Median home value
- $165,100Owner-occupied units
- Median gross rent
- $1,085Rent plus utilities, monthly
- Median age
- 36.4 yrsAll residents
- Homeownership rate
- 55.5%Owner-occupied households
What the numbers mean in Hopewell city
Housing cost measured against local earnings.
A household earning the Hopewell city median would spend about 26.7% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.8% of residents and 55.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Virginia.
- Chantilly CDP 23,744
- Chester CDP 23,519
- Cherry Hill CDP 23,443
- West Springfield CDP 22,905
- Leesylvania CDP 22,848
- Christiansburg town 22,820
- Waynesboro city 22,574
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