housing costs · Virginia
Housing costs in Hopewell city
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,106 | ± $44 | evidence → |
| 2019–2023 | $1,085 | ± $45 | evidence → |
| 2018–2022 | $1,033 | ± $66 | evidence → |
| 2017–2021 | $957 | ± $56 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $181,600 | ± $14,250 | evidence → |
| 2019–2023 | $165,100 | ± $15,267 | evidence → |
| 2018–2022 | $151,600 | ± $8,140 | evidence → |
| 2017–2021 | $127,300 | ± $12,928 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 31.7 % | ± 3.7 % | evidence → |
| 2019–2023 | 37.4 % | ± 4.2 % | evidence → |
| 2018–2022 | 30.9 % | ± 4.1 % | evidence → |
| 2017–2021 | 28.5 % | ± 4.6 % | evidence → |
In context
Median rent in Hopewell city is $1,106, above the Virginia median of $1,059 across 133 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.
Machine access — free, no API key
Every figure shown here about Housing costs in Hopewell city, Virginia can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.