HomeNew JerseyMercer CountyHopewell borough
Hopewell borough, New Jersey: commercial real estate data.
Hopewell borough is a Census borough of 1,823 people across 0.72 square miles of land, in Mercer County. Median household income is $145,114, 76.4 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $324,700.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hopewell
What Hopewell is
- Census place typeborough
- Land area0.72 sq mi
- Water area0 sq mi
- Population per square mile of land2,519
- County holding the largest share of its areaMercer County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hopewell
How many people live in Hopewell
- Population1,823
- Median age44.3
- Population under 18506 plus or minus 116
- Share under 1827.8 percent
- Population 65 and over324
- Share 65 and over17.8 percent
- Households743
- Family households498
- Share of households that are families67.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hopewell
Income and work in Hopewell
- Median household income$145,114
- Per capita income$73,894
- Civilian labor force963
- Employed943
- Unemployed20 plus or minus 24
- Unemployment rate2.1 percent plus or minus 2.5
- Adults 25 and over1,248
- Adults 25 and over with a high school diploma or higher99.1 percent
- Adults 25 and over with a bachelor degree or higher69.2 percent
- Adults 25 and over with a graduate degree37.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hopewell
Housing in Hopewell
- Housing units809
- Occupied units743
- Vacant units66 plus or minus 49
- Vacancy rate8.2 percent plus or minus 6.0
- Owner occupied568
- Renter occupied175 plus or minus 59
- Ownership rate76.4 percent
- Median owner-occupied home value$586,600
- Median gross rent, monthly$1,856
- Annual rent as a share of median income15.3 percent plus or minus 3.5
- Single family units615
- Share single family76.0 percent
- Units in buildings of two or more194 plus or minus 75
- Share in buildings of two or more24.0 percent plus or minus 8.9
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hopewell
How Hopewell gets to work
- Workers 16 and over who commute734
- Commuting under 15 minutes124 plus or minus 40
- Share commuting under 15 minutes16.9 percent plus or minus 4.9
- Commuting 30 minutes or more338 plus or minus 95
- Share commuting 30 minutes or more46.0 percent plus or minus 11.5
- Drove alone69.8 percent plus or minus 14.3
- Carpooled2.5 percent plus or minus 2.0
- Public transport2.1 percent plus or minus 1.7
- Walked3.3 percent plus or minus 2.3
- Worked from home21.3 percent plus or minus 7.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hopewell
SBA loans in Hopewell (7(a))
- Approvals1
- Gross approval$324,700
- Average approval$324,700
- Median approval$324,700
- Ninetieth percentile approval$324,700
- Largest approval$324,700
- Jobs supported8
- Jobs per approval8.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mercer County, not Hopewell
Mercer County context, not Hopewell figures
These are Mercer County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hopewell measurements.
- Establishments in Mercer County9,683
- Employment at those establishments, Mercer County208,192
- Covered employment, Mercer County264,154
- Average annual pay, Mercer County$90,503
- Average weekly wage, Mercer County$1,740
- Housing units permitted, Mercer County2,026
- Of those, single family, Mercer County827
- County product, 2024, Mercer County$56,806,586,000
- County product change over the prior year, Mercer County4.4 percent
- Average income of an arriving household, Mercer County$120,760
Every figure in this section is published for Mercer County as a whole and is not a measurement of Hopewell. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hopewell questions, answered from the record.
How many people live in Hopewell, New Jersey?
1,823, in 743 households. Hopewell borough covers 0.72 square miles of land, which is 2,519 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hopewell in?
Mercer County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hopewell?
$145,114. The median owner-occupied home is valued at $586,600. Median gross rent is $1,856 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hopewell businesses?
1 7(a) approvals totalling $324,700, across 1 lenders, median approval $324,700. These count approvals to borrowers whose address is in Hopewell, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hopewell borrowers get paid back?
No rate is published for Hopewell. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Hopewell figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mercer County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hopewell.
Is zoning published for Hopewell?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.