Hopedale, MA
Maps & Population Facts

Population
5,955
Population Density
1,151
Labor Participaton
68.4%
Bachelor's or Higher
40.2%
Median Household Income
$101,761
Median Individual Income
$47,200
Median Individual Income(Full-time Workers Only)
$64,432

Housing Estimates

Median House Value
$322,500
Median Gross Rent
$1,054
Median Mortgage Payment
$2,169
Housing Units
2,287
People who reside in Hopedale live in:
Detached - Single Family Homes
61%
Apt, Condo, Other
39%
Analysis

Income

Households in Hopedale earn significantly more money than the national median income, averaging 69% higher per household.

Housing

Hopedale has a median house price of $322,500. The cost of homeownership is higher than most areas. The cost of renting in Hopedale is 4% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 12%

Demographics

The median age in Hopedale is 44. Hopedale has a population that is significantly older than in comparison to the US median age.

Hopedale ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.

Housing Data

Housing Comparison
Hopedale Massachusetts USA
Median Property Value 322,500 385,400 217,600
Median Mortgage Payment 2,169 2,108 1,513
Median Gross Rent 1,054 1,208 1,012
Property Vacancy 2.4% 10.0% 12.6%
% Renters 19% 38% 36%
Residents per Sq. Mi. 1,151 885 93
Personal Comparison
Hopedale Massachusetts USA
Median Household Income 101,761 77,385 60,336
Median Individual Income 47,200 41,700 33,646
Median Income (Full-Time) 64,432 60,923 46,881
Median Age 44.4 39.5 38.1
Labor Participation 68.4% 67.8% 62.8%
Attained College Degree 40.2% 43.4% 32.0%

Population Density Analysis

Hopedale, MA
1,151
Residents per Sq. Mile
The population density of Hopedale is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics