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Hopewell, NJ

Full City Profile · New Jersey · Mercer County County

3.9 /5.0
B+ Good
1,828 Population 2,539/sq mi density
$142,396 Median Income $78,642 per capita
$561,900 Home Value $1,017,649 Zillow
$1,712 Median Rent 20.4% income on rent
53°F Avg Temperature 271 sunny days/yr
104 Violent Crime/100K 728 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$142,396 median income, 1.0% unemployment
A
Affordability
4.5 / 5.0
$561,900 home value, $1,712/mo rent
F
Safety
1.0 / 5.0
104 violent crimes/100K
A+
Education
5.0 / 5.0
72.7% bachelor's degree or higher

Housing Overview

Median Home Value
$561,900
99% above
US avg: $281,900
Median Rent
$1,712/mo
47% above
US avg: $1,163/mo
Homeownership Rate
79.5%
22% above US avg (65.4%)
Total Housing Units
809
Median year built: 1938

Home Value by Source

Census Median
$561,900
Zillow (ZHVI)
$1,017,649
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.5%
Owner-Occupied
20.5%
Renter-Occupied
80%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,712/mo

Affordability & Housing Stock

Rent Burden
20.4%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
79.5%

Complete Housing Data

Home Values

Census Median Value$561,900
Zillow Home Value (ZHVI)$1,017,649

Rent

Census Median Rent$1,712
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Ownership & Stock

Owner-Occupied79.5%
Renter-Occupied20.5%
Homeownership Rate79.5%
Total Housing Units809
Median Year Built1938
Rent Burden20.4%