Median Age
39 Years
Largest Age Group
30-39 Years
Approximately 13% of Residents
Under 20
26%
Over 65
18%
Avg Rent
$912
Population
22,902
Renter Mix
50% Rent
Hopewell is a suburban community located just minutes south of Richmond on the banks of the James River. Established as a port city in the early 17th century, Hopewell’s City Point district holds the distinction of being the oldest continuously-inhabited English settlement in the country. Surrounding City Point, the northeast corner of town is filled with vintage buildings and storefronts, including the landmark Beacon Theatre.
The city remains an important industrial community, with the chemical plants near the waterfront serving as some of the biggest employers in the area. Due to the vast range of affordable apartments, condos, and houses available to rent, Hopewell is also a popular option for Richmond-area commuters seeking budget-friendly living arrangements and a quaint small-town style.
Median Household Income
$44,133
Average: $59,111
Education
2,628
Residents Have a Degree
Job Market
10,422
Workers Employed
Median Age
39 Years
Largest Age Group
30-39 Years
Approximately 13% of Residents
Under 20
26%
Over 65
18%
Housing Distribution
In Hopewell, there are roughly the same number of renters and homeowners.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Hopewell, VA is $912 for one bedroom, $1,309 for two bedrooms, and $1,098 for three bedrooms. Apartment rent in Hopewell has increased by 2.0% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Hopewell, VA is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades K-5
481 Students
Public
Grades K-5
632 Students
Public
Grades K-5
600 Students
Public
Grades 6-8
826 Students
Public
Grades 9-12
1,136 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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Data provided by
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.