Hopedale, NL

Newfoundland and Labrador

Hopedale is a small town in Newfoundland and Labrador with a population of 596. Residents earn $71,000 per year, which is 6% below the national average.

2.8 /5.0
C+ Fair
596 Population 709/sq mi density
$71,000 Median Income $36,000 per capita
$80,000 Home Value
$600 Median Rent 5.1% income on rent
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$71,000 median income, 20.9% unemployment
A+
Affordability
5.0 / 5.0
$80,000 home value, $600/mo rent
F
Education
1.3 / 5.0
3.5% bachelor's degree or higher
Median Income $71,000
6% lower than US avg
Home Value $80,000
72% lower than US avg
Bachelor's+ 3.5%
90% lower than US avg
Median Rent $600
48% lower than US avg
Unemployment 20.9%
481% higher than US avg
Poverty Rate 30.6%
147% higher than US avg

How Hopedale Compares to the U.S. Average (100% = U.S. avg)

People

Population596
Median Age31.4 yrs
Density709/mi²
Male / Female51% / 49%
Largest GroupWhite 99%

Economy

C
Median Income$71,000
Per Capita$36,000
Unemployment20.9%
Poverty30.6%
Commute13 min

Housing

A+
Home Value$80,000
Rent$600
OwnershipN/A
Housing Units190
Rent Burden5.1%

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg TempN/A
AQIN/A

Education

F
Bachelor's+3.5%
High School+36.8%
Graduate+2.3%

Community

Commute13 min

Is Hopedale a Good Place to Live?

Based on current data, Hopedale receives an overall livability score of 2.8 out of 5.0, earning a grade of C+. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate. Hopedale has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Hopedale is $71,000, roughly in line with the national average of $75,149. At 20.9%, unemployment is notably high. The poverty rate of 30.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 13 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Hopedale is $80,000, 72% below the national median — offering relatively affordable homeownership. Renters pay a median of $600 per month, below the national average — a plus for affordability. At just 1.1x median income, home prices are very affordable relative to local earnings.

Education

3.5% of residents hold a bachelor's degree, below the national average of 33.7%. 36.8% have completed high school.

Hopedale has a population of 596 with a density of 709 people per square mile. The median age is 31.4 years, 19% younger than the national median of 38.9. The city is predominantly White (99.2%).

Population

596
Total Population
2021 Census
709
People / sq mi
31.4yrs
Median Age
19% below US avg
0.8mi²
Land Area

Gender Distribution

Male 51.3%
Female 48.7%

Race & Ethnicity

Hopedale vs U.S. Average

Language Spoken at Home

English Only91.6%
17% above US avg
Spanish0.0%
100% below US avg
Other Languages8.4%

Social Characteristics

Hopedale vs U.S. Average

The median household income in Hopedale is $71,000, which is 6% below the national average of $75,149. The unemployment rate is 20.9% (above the 3.6% US average). 30.6% of residents live below the poverty line. Workers commute an average of 13 minutes.

Income: Hopedale vs U.S.

Commute Mode

Income

Median HH Income$71,000
6% below US avg
Per Capita Income$36,000

Employment & Poverty

Unemployment20.9%
481% above US avg
Poverty Rate30.6%
147% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time12.9 min
Drive Alone38.2%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Hopedale is $80,000, 72% below the national average. Monthly rent averages $600 (48% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$80,000
72% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$600
48% below US avg
Rent Burden5.1%

Ownership & Property

Owner-Occupied81.6%
Renter-Occupied21.1%
Housing Units190

Property Tax

Health Metrics: Hopedale vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Food & Exercise

Crime Rates: Hopedale vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Safety Score

Temperature

Precipitation & Snow

Air Quality

Geography

Area0.8 sq mi (2.2 km²)
Population Density709/sq mi
Coordinates55.4674°N, 60.2032°W
TimezoneAmerica/Goose_Bay
3.5% of residents hold a bachelor's degree or higher (90% below US avg).

Education

Bachelor's Degree+3.5%
90% below US avg
High School+36.8%
Graduate Degree+2.3%
F Education Grade (1.3/5.0)

Urban-Rural Classification

Population Density709/sq mi
Total Area0.8 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute12.9 min
Drive Alone38.2%
Public Transit0.0%
Work from Home0.0%
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