Hopedale, MA Profile: Facts & Data

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Hopedale, Massachusetts - Basic Facts

The Hopedale CDP(1) had a population of 3,945 as of July 1, 2023.

The primary coordinate point for Hopedale is located at latitude 42.1307 and longitude -71.5412 in Worcester County. The formal boundaries for the Hopedale Census Designated Place encompass a land area of 1.73 sq. miles and a water area of 0 sq. miles. Worcester County is in the Eastern time zone (GMT -5).

The Hopedale Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Hopedale Census Designated Place is located within Town of Hopedale, a minor civil division (MCD) of Worcester County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Hopedale 2023 Demographic Data
  2. Growth Rates for Hopedale (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Massachusetts Research Tools (Easy Tools & Current Data)
  3. Massachusetts Data Comparison Tool - 2023 Demographics
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Hopedale, MA Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 3,945 (100%)
Population in Households 3,905 (99.0%)
Population in Families 3,261 (82.7%)
Population in Group Quarters1 40 ( 1.0%)
Population Density 2,256
Diversity Index2 30
 
 

INCOME

Median Household Income $112,370
Average Household Income $140,657
% of Income for Mortgage4 25%
Per Capita Income $57,386
Wealth Index5 163
Socioeconomic Status Index6 Moderate (58.6)
 

HOUSING

Total HU (Housing Units) 1,651 (100%)
Owner Occupied HU 1,260 (76.3%)
Renter Occupied HU 349 (21.1%)
Vacant Housing Units 42 ( 2.5%)
Median Home Value $461,333
Average Home Value $492,282
Housing Affordability Index3 91
 

HOUSEHOLDS

Total Households 1,609
Average Household Size 2.43
Family Households 1,083
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.05% -0.07%
Households 0.31% 0.16%
Families   0.09%
Median Household Income   1.90%
Per Capita Income   2.95%
Owner Occupied HU   0.16%

Hopedale, MA - Peer Comparisons by Rank and Percentile

The table below compares Hopedale to the other 248 incorporated cities, towns and CDPs in Massachusetts by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 139 44th
Population Density # 68 73rd
Median Household Income # 75 70th
Housing Affordability Index # 211 85th
Per Capita Income # 99 60th
Diversity Index # 143 43rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.

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