Pros and Cons of Living In Hopewell, Virginia. Is Hopewell, VA a Nice Place To Live or Retire?

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Hopewell, Virginia

Moving to Hopewell In Virginia ? Is Hopewell, VA a Nice Place To Live? Pros and Cons of Living in Hopewell, Virginia. Find out the best and worst about to live, raise a family or retire in Hopewell.

Hopewell is an independent city surrounded by Prince George County and the Appomattox River in the Commonwealth of Virginia, United States. At the 2020 census, the population was 23,033. The Bureau of Economic Analysis combines the city of Hopewell with Prince George County for statistical purposes.

Hopewell is in the Tri-Cities area of the Richmond Metropolitan Statistical Area (MSA).

DEMOGRAPHICS

Population
22500
Unemployment
8.4%
79% NAT AVG.
Poverty
24.7%
76% NAT AVG.
Cost Of Living
93
7% NAT AVG.

ECONOMICS

Median Home Cost
$126100
45% NAT AVG.
Median Income
$43262
36% NAT AVG.
Median Rent
$920
21% NAT AVG.
Overall Score
4

CRIME REPORT

Total Crime
537
2% NAT. AVG.
43% STATE AVG.
Violent Crime
83
5% NAT. AVG.
77% STATE AVG.
Property Crime
454
3% NAT. AVG.
39% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 12
People Earning < $10,000
1 in 12
People Earning < $50,000
56.2%
People With Any Degree
1 in 4.3

ETHNICITY

Ethnicity Hopewell USA
White 45.2% 60.1%
African American 42.3% 12.2%
American Indian 0.1% 0.6%
Asian 1.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.5% 2.8%
Hispanic 8.4% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Hopewell USA
Less than $10,000 8.4% 5.8%
$10,000 to $14,999 9.7% 4.1%
$15,000 to $24,999 12.6% 8.5%
$25,000 to $34,999 9.2% 8.6%
$35,000 to $49,999 16.3% 12.0%
$50,000 to $74,999 16.2% 17.2%
$75,000 to $99,999 12.8% 12.8%
$100,000 to $149,999 10% 15.6%
$150,000 to $199,999 2.7% 7.1%

EDUCATION

Education Hopewell USA
< 9th Grade 5% 5.0%
9-12th Grade 10% 7.0%
High School or GED 37% 27.0%
Other College 25% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 2% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Hopewell is a city in Virginia state in USA with a population of 22500 residents.. The poverty rate of Hopewell is 24.7%, which is 76% higher than national average. The typical household in Hopewell earns $43262 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Hopewell remained 8.4%, which is 79% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Hopewell is 93, which is 7% lower than national average. In Hopewell, only 13% of adults have a bachelor's degree and 35% have some college but no degree. Median home value in Hopewell is $126100 , which is 45% lower than national average. While median income in Hopewell remained $43262, which is 36% lower than national average.
Hopewell Scorecard

Jobs40%

Housing70%

Affordability60%

Safety50%

Amenities90%

Diversity95%

Education50%

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