Hopewell is a very small borough located in the state of New Jersey. With a population of 1,895 people and two associated neighborhoods, Hopewell is the 429th largest community in New Jersey. Hopewell has a large stock of pre-World War II architecture, making it one of the older and more historic boroughs in the country.
Housing costs in Hopewell are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Of important note, Hopewell is also a borough of artists. Hopewell has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Hopewell’s character.
Also of interest is that Hopewell has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.63% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Hopewell is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Hopewell is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Hopewell’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
If knowledge is power, Hopewell is a pretty powerful place. 67.85% of the adults in Hopewell have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Hopewell in 2022 was $73,207, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $292,828 for a family of four.
The people who call Hopewell home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Hopewell residents report their race to be White, followed by Asian. Important ancestries of people in Hopewell include German, Irish, Italian, English, and Polish.
The most common language spoken in Hopewell is English. Other important languages spoken here include Spanish and French.