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Hopkinton, MA

Full City Profile · Massachusetts · Norfolk County County

4.3 /5.0
A Great
3,142 Population 2,054/sq mi density
$173,750 Median Income $113,814 per capita
$601,900 Home Value $935,968 Zillow
$1,053 Median Rent 31.9% income on rent
48°F Avg Temperature 246 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.9 / 5.0
$173,750 median income, 2.8% unemployment
A+
Affordability
4.7 / 5.0
$601,900 home value, $1,053/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
66.8% bachelor's degree or higher

Income Overview

Median Household Income
$173,750
131% above
US avg: $75,149
Per Capita Income
$113,814
191% above
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
0.7%
94% below
US avg: 12.4%

Income Comparison: Hopkinton vs. U.S. Average

Each bar shows Hopkinton’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$173,750
231%
Per Capita
US: $39,052
$113,814
291%
IRS Avg AGI
US: $72,000
$164,234
228%
Avg Weekly Wage
US: $1,432
$1,625
113%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,625
13% above US avg ($1,432)
Mean Commute Time
33 min
21% above US avg (28 min)
Work From Home
16.5%
9% above US avg (15.2%)
Drive Alone
77.5%
6% above US avg (73.2%)
Public Transit
1.2%
76% below US avg (5.0%)
County GDP
$75,071M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.5%
Public Transit 1.2%
Work From Home 16.5%
Other 4.8%
Average commute time
33 minutes
US avg: 28 min

Business Landscape

Total Establishments
26,156
Restaurants
1,720
Healthcare
2,640
Retail
2,359
Manufacturing
519

Tax & Financial

IRS Avg Adjusted Gross Income
$164,234
128% above US avg ($72,000)
Avg Property Tax
$11,234
221% above US avg ($3,500)
Cost of Living Index
105.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$173,750
Per Capita Income$113,814
IRS Avg Adjusted Gross Income$164,234
Avg Weekly Wage$1,625
County GDP$75,071M

Hardship Indicators

Unemployment Rate2.8%
Poverty Rate0.7%
Gini Coefficient0.489
Cost of Living Index105.8

Commute

Mean Commute33 minutes
Drive Alone77.5%
Public Transit1.2%
Work From Home16.5%

Businesses

Total Establishments26,156
Restaurants1,720
Healthcare2,640
Retail2,359
Manufacturing519

Tax

IRS Avg AGI$164,234
Avg Property Tax$11,234