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Cost of living, pay and housing

35.24° N · 84.91° W · GEOID 4735880

Hopewell

Bradley County, Tennessee · part of the Cleveland, TN metro

Limited data population under 5,000

TennesseeHopewell, TNHopewellHopewell

The short answer

Hopewell is home to 2,634 people. Median household income is $87,842 a year and median rent is $1,296 a month, 17.7% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $305,600, about 3.5x annual median household income.

Median gross rent
$1,296
5% below the median place
Median household income
$87,842
9% above the median place
Median home value
$305,600
4% below the median place
Unemployment
6.6%
34% above the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Hopewell

  • Between the 2019 and 2024 surveys, rent rose 17.7% a year while household income rose 9.9%, so rent outran pay by more than in 95% of the 2,476 places under 10,000 people we track. It is the 2nd-highest of 112 Tennessee places.
  • Owning with a mortgage costs only about $37 a month more than the median rent, a smaller gap than in 92% of places its size.
01

Moving to Hopewell

Bradley County gains about 12.1 residents per 1,000 a year to moves between counties.

Moved in5,808
Moved out4,744
Net+1,064

Where people come from and where they go, top counties

Hamilton County, TN1,2451,084+161
Polk County, TN286359−73
Meigs County, TN128154−26
Knox County, TN84113−29

Within Tennessee, other states or abroad

Arrivals
Leavers
Within TennesseeOther states

Income per tax return

Arrivals$58K
Leavers$52K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Bradley County; flows under 20 returns are not published.

Who moves here
6.2% of residents arrived from another county in the past year, 2.9% from another state. County figure.
Who arrives and who leaves
Households moving into Bradley County report $57,500 a year in income on average; those leaving, $52,400, so newcomers earn more than leavers.
Income you would need
$51,800 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,296 a month; owners with a mortgage pay $1,333 a month including taxes and insurance, on a median home of $305,600.
Getting to work
22 minutes each way on average; 9.1% work from home.
If it is close but not quite
Lindale, TX matches it on character. Compare the two
Net movers per 1,000 people6
12.1
above the median place (median -0.6)
Income of households moving out6
$52,360
25% below the median place
Income of households moving in6
$57,525
18% below the median place
All 5 moving measures
MeasureHopewellAmong 6,645 placesVs median
Moved here in the past year1County figure6.2%8% above
Moved from another state1County figure2.9%45% above
Net movers per 1,000 people6County figure12.1above (median -0.6)
Income of households moving in6County figure$57,52518% below
Income of households moving out6County figure$52,36025% below
02

What it costs to live here

Vacant homes is 0.0%, below the median place (median 7.1%).

Hopewell17.7%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$51,840
a year, at the 30% line
Rent to income
17.7%
13% below the median place
Home price to income
3.5x
8% below the median place

Could you afford it?

The median rent would take
18%
comfortably under the 30% line
Left after rent, in US prices
$77,300
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Hopewell, $1,296 a month, and local prices for everything else (93.8 against a US average of 100). It runs in your browser and stores nothing.

Like Hopewell, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Social Circle, GA14.7% vs 17.7%$200Compare

Moving from somewhere else? Work out the salary you would need in Hopewell.

Sponsored · exampleMoving to Hopewell? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Vacant homes1
0.0%
below the median place (median 7.1%)
Property tax rate1
0.4%
58% below the median place
Property tax paid (median)1
$1,151
65% below the median place
All 15 cost and housing measures
MeasureHopewellAmong 6,645 placesVs median
Median gross rent1$1,2965% below
Rent to income117.7%13% below
Property tax rate10.4%58% below
Home price to income13.5x8% below
Prices vs US average2Metro figure88.113% below
Fair market rent, 2 bedrooms3County figure$1,27021% below
Property tax paid (median)1$1,15165% below
Median home value1$305,6004% below
Home prices, 1-year change4County figure3.7%16% above
Home prices, 5-year change4County figure66.0%28% above
Homeownership181.7%23% above
Renters paying 30%+1County figure45.4%10% below
Owner costs with a mortgage1$1,33329% below
Vacant homes10.0%below (median 7.1%)
Median year built119850% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Income per person1
$31,098
22% below the median place
Mean commute1
22 min
11% below the median place
All 10 work and pay measures
MeasureHopewellAmong 6,645 placesVs median
Median household income1$87,8429% above
Income per person1$31,09822% below
Unemployment1County figure6.6%34% above
Average annual pay5County figure$57,02014% below
Pay growth, 1 year5County figure4.9%32% above
Jobs5County figure40,03373% below
Poverty rate1County figure12.7%18% above
Mean commute122 min11% below
Works from home1County figure9.1%27% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Homes with broadband is 98.5%, 7% above the median place.

Homes with broadband1
98.5%
7% above the median place
High school or higher1
86.5%
6% below the median place
Bachelor's or higher1
24.3%
24% below the median place

More about who lives here, against the typical place

Household size2.7 +7%
Median age39.2 +1%
No health insurance6.6% +3%
All 8 people measures
MeasureHopewellAmong 6,645 placesVs median
Population12,6346646th largest
Median age139.21% above
Bachelor's or higher124.3%24% below
High school or higher186.5%6% below
Household size12.77% above
Born abroad1County figure5.9%33% below
No health insurance16.6%3% above
Homes with broadband198.5%7% above
05

Life in Hopewell

24 sites are on the National Register of Historic Places, one of them a National Historic Landmark.

Out the door, against the typical place

Parks per 10k residents0.0 −100%
Playgrounds per 10k7.6 −19%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars17.3 −17%
Shops34.0 +12%
Arts, recreation and fitness2.5 −39%
Doctors' offices and clinics17.1 −15%
Child care centers2.9 +26%

Counts businesses with paid staff, so small owner-run shops are not included.

Arts, recreation and fitness per 10k7
2.5
39% below the median place
Restaurants and bars per 10k7
17.3
17% below the median place
Public school students10
16,092
229% above the median place
All 15 schools and local life measures
MeasureHopewellAmong 6,645 placesVs median
Public schools10County figure27200% above
Public school students10County figure16,092229% above
Restaurants and bars per 10k7County figure17.317% below
Shops per 10k7County figure34.012% above
Arts, recreation and fitness per 10k7County figure2.539% below
Doctors' offices and clinics per 10k7County figure17.115% below
Child care centers per 10k7County figure2.926% above
Parks per 10k80.0below (median 10.2)
Playgrounds per 10k87.619% below
Grocery stores per 10k80.0below (median 2.1)
Restaurants, cafes and bars per 10k80.0below (median 11.2)
Libraries per 10k80.0below (median 0.9)
Named paths and bike trails80.0below (median 2.0)
Transit stops per sq mi80.0below (median 0.2)
National Register listings9County figure2485% above
06

Safety, weather and risk

Annual precipitation is 55.6 in, 27% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Hopewell. Larger places are fetched first.

Annual precipitation11
55.6 in
27% above the median place
Heat wave risk12
46.3
49% below the median place
Natural hazard risk12
73.4
21% below the median place
All 9 weather and risk measures
MeasureHopewellAmong 6,645 placesVs median
July average high11County figure89°F2% above
January average low11County figure30°F19% above
Average temperature11County figure60°F9% above
Annual precipitation11County figure55.6 in27% above
Natural hazard risk12County figure73.421% below
Hurricane risk12County figure55.821% below
Tornado risk12County figure88.49% above
Wildfire risk12County figure47.223% below
Heat wave risk12County figure46.349% below
08

Hopewell in 2030: where the trends point

If recent trends hold, the median rent will take about 18% of the median income in 2030, about the same as 18% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,296/mo (2024)$1,710/mo$1,400 to $2,080/mo+4.7%
Median household income$87,842 (2024)$113,500$95,500 to $134,000+4.3%
Median home value$305,600 (2024)$452,000$328,000 to $623,000+6.7%

The median home would be worth 4.0 years of the median income in 2030, against 3.5 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Hopewell

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Lindale, TX$1,274$83,249Compare
Spring Lake Park, MN$1,413$90,753Compare
Clayton, NJ$1,246$90,274Compare
Mustang, OK$1,287$87,844Compare
Mustang, OKClayton, NJSpring Lake Park, MNLindale, TXHopewell, TNHopewellLindaleSpring Lake ParkClaytonMustangHopewellLindaleSpring Lake ParkClaytonMustang

Common questions

Is Hopewell a good place to live?

It depends on what you need, so here is what the numbers say. Between the 2019 and 2024 surveys, rent rose 17.7% a year while household income rose 9.9%, so rent outran pay by more than in 95% of the 2,476 places under 10,000 people we track. It is the 2nd-highest of 112 Tennessee places. Owning with a mortgage costs only about $37 a month more than the median rent, a smaller gap than in 92% of places its size. See how it ranks with your own weights.

Is Hopewell expensive to live in?

The median rent takes 17.7% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $305,600.

What salary do you need to live in Hopewell?

To rent the median home without spending more than 30% of income on rent, a household needs about $51,840 a year. Work it out from your current city.

What places are similar to Hopewell?

On income, rent, home value, education and age, the closest matches are Lindale, TX, Spring Lake Park, MN, Clayton, NJ and Mustang, OK.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  7. County Business Patterns · US Census Bureau · 2023 data
  8. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  9. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  10. Common Core of Data · National Center for Education Statistics · 2024 release
  11. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  12. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Hopewell with places of a similar size, using only figures measured for Hopewell itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/hopewell-tennessee

Citytistics. “Hopewell, Tennessee.” Data as of 2026-11-14. https://www.citytistics.com/city/hopewell-tennessee/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.