Living in Hopedale, Massachusetts
Cost of living, income, home prices, rent and demographics of Hopedale · Census data 2020–2024
Hopedale has 6,027 residents with a median age of 44.4. The median household income is $115,722 (11% higher than the Massachusetts median), the median home value is $466,100, the median rent is $1,788/month.
Hopedale at a glance
- Population
- 6,027
- Median age
- 44.4State: 40
- Median household income
- $115,722State: $103,960
- Median home value
- $466,100State: $562,100
- Median rent
- $1,788/moState: $1,762
- Homeowners
- 79.5%
- Bachelor's degree or higher
- 48.3%
- Average commute
- 31 min
Is Hopedale a good place to live?
Pros: Median household income 11% higher than the Massachusetts median; home values 17% lower than the state median; unemployment of 1.6%; a poverty rate of 2.9%.
Cons: An average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Hopedale
Housing is the biggest part of the cost of living. In Hopedale the median home value is $466,100, 40% higher than the U.S. median. Renters pay a median of $1,788 per month, which is 29.2% of household income. Homeowners with a mortgage pay $2,713 a month in housing costs.
Hopedale median household income
The median household income in Hopedale is $115,722 and the income per person is $57,032. 2.9% of residents live below the poverty line (Massachusetts: 10%).
Housing in Hopedale: homes for sale and rent
- Housing units
- 2,336
- Owner-occupied
- 79.5%
- Renter-occupied
- 20.5%
- Vacant
- 6.1%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.72
Hopedale demographics
- Population
- 6,027
- Median age
- 44.4
- Under 18
- 22.4%
- 65 and older
- 21.9%
- Households
- 2,194
- Foreign-born
- 7.8%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Hopedale ›
Education in Hopedale
48.3% of adults 25 and older in Hopedale have a bachelor's degree or higher (Massachusetts: 47.3%), and 23.3% have a graduate or professional degree.
Jobs and commute in Hopedale
- Unemployment rate
- 1.6%State: 5.2%
- Average commute
- 31 minState: 29 min
- Work from home
- 13.2%
- Drive alone
- 81.3%
- Public transit
- 2%
- Walk to work
- 1.6%
- Homes with broadband
- 93.2%
Hopedale vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hopedale | 6,027 | $115,722 | $466,100 | $1,788 |
| Mendon | 6,325 | $132,256 | $616,000 | $1,840 |
| Milford | 30,431 | $96,365 | $476,700 | $1,909 |
| Bellingham | 17,410 | $125,307 | $450,700 | $1,836 |
| Upton | 8,189 | $155,508 | $576,700 | $948 |
| Medway | 13,436 | $173,750 | $617,300 | $1,575 |
| Blackstone | 9,255 | $94,191 | $404,400 | $1,189 |
| Northbridge | 16,458 | $111,319 | $448,600 | $1,207 |
| Holliston | 15,094 | $159,817 | $650,300 | $1,821 |
More for people moving to Hopedale
Hopedale ZIP code ›Weather and climate ›Living in Hopedale: FAQ
What is the median household income in Hopedale, MA?
The median household income in Hopedale is $115,722, 11% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Hopedale?
The median home value in Hopedale is $466,100, compared with $562,100 in Massachusetts.
How much is rent in Hopedale?
The median gross rent in Hopedale is $1,788 per month, about 29.2% of household income.
Is Hopedale, MA a good place to live?
Pluses: median household income 11% higher than the Massachusetts median; home values 17% lower than the state median; unemployment of 1.6%; a poverty rate of 2.9%. Minuses: an average commute of 31 minutes.
What is the median age in Hopedale?
The median age in Hopedale is 44.4 years (Massachusetts: 40).
How long is the commute in Hopedale?
The average commute to work in Hopedale is 31 minutes; 13.2% of workers work from home.
What is the unemployment rate in Hopedale?
The unemployment rate in Hopedale is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hopedale?
48.3% of adults in Hopedale have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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