What is the median home price in Hopewell?

The median home price in Hopewell, Hopewell city, Virginia is $151,600, which is 46% below the national average of 281,900 ($281,900).

Hopewell, Hopewell city, Virginia has a violent crime rate of 1.4 per 1,000 residents, which is 61% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.8 per 1,000 residents.

What is the Walk Score for Hopewell?

Hopewell, Hopewell city, Virginia has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 6/100.

What is the median household income in Hopewell?

The median household income in Hopewell, Hopewell city, Virginia is $50,661, which is 32% below the national average of 74,580 ($74,580).

What is the average rent in Hopewell?

The median rent in Hopewell, Hopewell city, Virginia is $1,267 per month. The national average median rent is $1,163/month.

What is the air quality in Hopewell?

Hopewell, Hopewell city, Virginia has an Air Quality Index (AQI) of 40, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Hopewell?

The population of Hopewell, Hopewell city, Virginia is approximately 23,046. The homeownership rate is 80.0% (national average: 65.9%).

What are the climate risks in Hopewell?

Hopewell, Hopewell city, Virginia has an overall climate risk rating of "Relatively Moderate" with a risk score of 71.58. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Hopewell affordable?

Hopewell, Hopewell city, Virginia has an affordability index of 98, which is below the national baseline of 100, indicating less affordable housing. The electricity rate is 13.4¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Hopewell?

The unemployment rate in Hopewell, Hopewell city, Virginia is 8.8%. The national average unemployment rate is 3.7%. The poverty rate is 21.3% (national average: 12.4%).

Hopewell

Hopewell city, Virginia

Affordable

About Hopewell

Alright, let me paint you a picture of Hopewell, Virginia, a city that punches above its weight in charm and affordability. Imagine a place where your housing dollar stretches significantly further than the national average. Here, the median home value sits around $151,600, a stark contrast to the national figure of roughly $350,000. Picture yourself enjoying a relaxed lifestyle, where friendly faces are the norm, and the pace of life is refreshingly manageable. With a population of just over 23,000, Hopewell offers a tight-knit community feel, perfect for those seeking an escape from the hustle and bustle of larger metropolitan areas.

From an investment standpoint, Hopewell presents a compelling case. While the median household income hovers around $50,661, it's essential to consider the lower cost of living, particularly housing, which has a significant impact on quality of life. The city's affordability makes it an attractive option for first-time homebuyers or those looking to downsize. While I don't have the specific stats, I can tell you that Hopewell is known for its safety and walkability. This is the kind of place where you can build a life without breaking the bank, a place where you can truly put down roots and feel a part of something special.

Hopewell, Virginia at a Glance

Hopewell is a city in Hopewell city, Virginia with a population of approximately 23,046. The median home value is $151,600 and the median household income is $50,661. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,267 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.