HomeNew JerseyMercer CountyHopewell
Hopewell, New Jersey: commercial real estate data.
Hopewell 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 since FY2020.
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
- 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
Counted by borrower city: approvals to borrowers whose address is in Hopewell, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hopewell
Flood risk in Hopewell
- NFIP communityBorough of Hopewell
- NFIP community number340248
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/20/16
The Borough of Hopewell participates in the National Flood Insurance Program as community 340248 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Mercer County, not Hopewell
Mercer County context, not Hopewell figures
- Establishments in Mercer County9,683
- Covered employment, Mercer County264,154
- Average annual pay, Mercer County$90,503
- Housing units permitted, Mercer County2,026
Every figure in this section is published for Mercer County as a whole and is not a measurement of Hopewell.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $324,700 since FY2020, 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hopewell in the National Flood Insurance Program?
Yes. Hopewell appears in the FEMA Community Status Book as Hopewell, borough of, community 340248, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hopewell figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.