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CITY

Hopkinton

Massachusetts · 3,426 residents · 1.532 sq mi
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The short version

Hopkinton is significantly wealthier than the US average, with a median household income of $201,094. Population has grown 30% since 2000. 68% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has roughly tripled since 2000, reaching $666,400. With a median age of 46.5, the population is older than the US median of 38.9. It ranks in the top 1% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 46.5
US median: 38.9
More educated
68% hold a bachelor's degree
US average: 36%
Less affordable
home values up 74%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,426
+30%since 2000
from 2,628 in 2000
1990 – 2024
Population density
2,236 / sq mi
+30%since 2000
from 1,715 / sq mi in 2000
US average: 281
Median age
46.5
+24%since 2000
from 37.6 in 2000
US average: 38.9
Population, 1990 – 2024
2K2K3K3K4K1990201020202024Hopkinton
20243K
1990201020202024
Section 02

Income & economy

Median household income
$201,094
+111%inflation adjusted, since 2000
from $52,250 in 2000
US average: $82,259
1990 – 2024
Per capita income
$107,757
+351%since 2000
from $23,878 in 2000
US average: $44,673
Households earning $100K+
75.2%
+18.6 ptssince 2009
from 56.6% in 2009
US average: 53.3%
Poverty rate
3.2%
−0.2 ptssince 2000
from 3.3% in 2000
US average: 12.5%
Income inequality (Gini)
0.515
+46%since 2010
from 0.353 in 2010
US average: 0.476
Workforce by industry, 2024
Other services21.1%
US avg: 6.7%
Public administration19.8%
US avg: 4.8%
Retail trade11.2%
US avg: 9.9%
Information7.3%
US avg: 10.8%
Wholesale trade7.1%
US avg: 6.9%
Finance & insurance2.2%
US avg: 5.9%
Education & health services1.2%
US avg: 0.9%
Professional, scientific, technical1.1%
US avg: 5.1%
Transportation & warehousing0.5%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$666,400
+74%inflation adjusted, since 2000
from $209,900 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,220
+44%inflation adjusted, since 2000
from $464 in 2000
US average: $1,442
Owner-occupied
81.3%
+7.8 ptssince 2000
from 73.5% in 2000
18.7% rent
Vacancy rate
0.6%
−2.2 ptssince 2009
from 2.8% in 2009
US average: 10.0%
Owner cost-burdened
15.9%
−13.6 ptssince 2009
from 29.5% in 2009
US average: 22.9%
Renter cost-burdened
57.6%
+28.5 ptssince 2009
from 29.1% in 2009
US average: 47.4%
Afford Score
3.3
−18%since 2000
from 4.0 in 2000
1990 – 2024
Gentrification Score
81
RELATED:See current rent listings in Hopkinton on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.7%(2,515)
Black0.3%(9)
Hispanic / Latino2.1%(54)
Asian0.9%(24)
Other0%
Diversity Score8.2%(214)
2024
White, non-Hispanic81.8%(2,802)
Black0.4%(14)
Hispanic / Latino7%(240)
Asian4.9%(167)
Other5.9%(203)
Diversity Score40%(1,372)
Diversity Score
40
+391%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
67.5%
+30.2 ptssince 2000
from 37.3% in 2000
US average: 35.6%
High school or higher
97.9%
+6.7 ptssince 2000
from 91.2% in 2000
US average: 89.6%
Graduate degree
29.9%
+13.8 ptssince 2000
from 16.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
35.4 min
+32%since 2000
from 26.9 min in 2000
US average: 26.5
Drive alone to work
77.1%
−5.2 ptssince 2009
from 82.3% in 2009
US average: 68.9%
Carpooled to work
1.0%
+1.0 ptssince 2009
from 0.0% in 2009
US average: 8.5%
Public transit
1.5%
−2.7 ptssince 2009
from 4.2% in 2009
US average: 3.2%
Worked from home
16.8%
+8.8 ptssince 2009
from 8.0% in 2009
US average: 15.0%
Walked to work
3.7%
−0.1 ptssince 2009
from 3.8% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.3%
+0.3 ptssince 2009
from 3.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.8%
−0.4 ptssince 2011
from 4.2% in 2011
US average: 5.2%
Labor force participation
66.7%
+6.1 ptssince 2011
from 60.6% in 2011
US average: 63.5%
Self-employed
16.3%
+10.9 ptssince 2009
from 5.4% in 2009
US average: 13.1%
Management & professional
54.9%
−13.7 ptssince 2009
from 68.5% in 2009
US average: 42.5%
Section 08

People & community

Male
45.2%
−5.9 ptssince 2009
from 51.1% in 2009
Female
54.8%
+5.9 ptssince 2009
from 48.9% in 2009
Foreign born
8.9%
+1.1 ptssince 2009
from 7.8% in 2009
US average: 14.1%
Veterans
4.3%
−44.4 ptssince 2009
from 48.7% in 2009
US average: 6.2%
With a disability
9.3%
+1.4 ptssince 2012
from 7.9% in 2012
US average: 13.3%
Uninsured
0.0%
−98.4 ptssince 2013
from 98.4% in 2013
US average: 8.4%
Broadband at home
72.3%
−18.0 ptssince 2017
from 90.3% in 2017
US average: 91.0%
English only at home
90.6%
−3.3 ptssince 2016
from 93.9% in 2016
US average: 77.7%
Spanish at home
1.6%
−0.6 ptssince 2016
from 2.2% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Hopkinton to nearby cities

HOPKINTON VS
Milford
Income$93,310−54%
Home value$464,700−30%
Population27,731+709%
SEE FULL COMPARISON →
HOPKINTON VS
Framingham
Income$107,419−47%
Home value$627,300−6%
Population73,021+2031%
SEE FULL COMPARISON →
HOPKINTON VS
Marlborough
Income$91,968−54%
Home value$513,100−23%
Population42,772+1148%
SEE FULL COMPARISON →
HOPKINTON VS
Franklin
Income$145,773−28%
Home value$611,700−8%
Population33,955+891%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hopkinton, Massachusetts?

Hopkinton, Massachusetts has about 3,426 residents according to the 2024 American Community Survey.

What is the median household income in Hopkinton, Massachusetts?

The typical household in Hopkinton, Massachusetts earns about $201,094 a year. Half of households make more than that, and half make less.

Is Hopkinton, Massachusetts expensive?

In Hopkinton, Massachusetts, the median home is worth about $666,400, and the typical rent is about $1,220 a month.

How educated are people in Hopkinton, Massachusetts?

About 67.5% of adults age 25 and over in Hopkinton, Massachusetts hold a bachelor's degree or higher.

What is the poverty rate in Hopkinton, Massachusetts?

About 3.2% of people in Hopkinton, Massachusetts live below the federal poverty line.

Has Hopkinton, Massachusetts grown since 1990?

Yes, Hopkinton, Massachusetts has grown since 1990. The population has added about 1,201 residents, a change of about 54 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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