What percentage of people rent in Hopkinton (community), MA?
18.7% (±8.9 points) of the occupied homes in Hopkinton (community), MA are rented (2020–2024 American Community Survey).
That is 217 renting households against 941 that own their home.
In Hopkinton (community), the share of households that rent went from 28.9% in 2015–2019 to 18.7% in 2020–2024 (−10.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 18.7% (±8.9 points)
- Renting households
- 217 (±75)
- Median renter income
- $44,583 (±$43,966)
Who rents and who owns in Hopkinton (community)
| Hopkinton (community) | Middlesex County | Massachusetts | United States | |
|---|---|---|---|---|
| Renter-occupied share | 18.7% (±8.9 points) | 38.7% (±0.4 points) | 37.5% (±0.3 points) | 34.8% |
| Renting households | 217 (±75) | 245,322 (±2,507) | 1,043,884 (±6,942) | 45,017,354 |
| Owning households | 941 (±323) | 388,893 (±2,870) | 1,741,158 (±8,598) | 84,210,142 |
| Average renter household size | 1.4 (±0.2) | 2.2 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 3.2 (±0.4) | 2.7 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $44,583 (±$43,966) | $84,135 (±$1,906) | $60,987 (±$576) | $52,966 |
| Median owner household income | $250,000 or more | $169,746 (±$1,660) | $135,402 (±$770) | $100,009 |
In Hopkinton (community), the renter share is lower than in Middlesex County (38.7%).
It is also lower than in Massachusetts (37.5%).
It is lower than the national figure (34.8%).
In Middlesex County, Hopkinton (community) ranks 15 of 22 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 101 of 167.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hopkinton (community) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 28.9% (±12.2 points) | 18.7% (±8.9 points) | −10.2 percentage points | Not a measurable change |
| Median gross rent | $1,653 (±$250) | $1,220 (±$902) | −26.2% | No measurable change after inflation |
| Median household income | $112,014 (±$30,590) | $201,094 (±$107,250) | +79.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Hopkinton (community)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hopkinton (community) | — | 18.7% (±8.9 points) | — |
| Cordaville | 3.2 mi | 6.2% (±4.8 points) | Lower |
| Ashland | 3.4 mi | 24.7% (±4.3 points) | Not measurably different |
| Holliston | 4.2 mi | 12.6% (±4.1 points) | Not measurably different |
| Milford | 4.6 mi | 34.8% (±3.3 points) | Higher |
| Southborough | 5.1 mi | 11.8% (±2.9 points) | Not measurably different |
| Milford (community) | 5.2 mi | 37.8% (±3.6 points) | Higher |
| Upton | 5.3 mi | 13.3% (±4.7 points) | Not measurably different |
| Upton (community) | 5.4 mi | 30.5% (±10.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Cordaville, MA (6.2%).
Nearby places with a measurably higher figure: Milford, MA (34.8%), Milford (community), MA (37.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Middlesex County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 9 | Wakefield (community) | 29.3% (±3.8 points) |
| 10 | Stoneham (community) | 29.0% (±4.2 points) |
| 11 | Burlington (community) | 25.8% (±2.8 points) |
| 12 | Groton (community) | 25.1% (±12.5 points) |
| 13 | Maynard (community) | 25.0% (±4.8 points) |
| 14 | Lexington (community) | 19.5% (±2.3 points) |
| 15 | Hopkinton (community) | 18.7% (±8.9 points) |
| 16 | Winchester (community) | 18.3% (±3.0 points) |
| 17 | Reading (community) | 17.6% (±2.4 points) |
| 18 | Littleton Common | 15.8% (±8.4 points) |
| 19 | East Pepperell | 15.4% (±7.8 points) |
| 20 | Cochituate | 14.4% (±4.6 points) |
| 21 | Wilmington (community) | 11.9% (±3.1 points) |
Showing 13 of 22 places in Middlesex County, ranked from highest to lowest.
Hopkinton (community) is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Hopkinton, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hopkinton (community)
How many renters are there in Hopkinton (community)?
Hopkinton (community) has an estimated 217 (±75) renting households, 18.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hopkinton (community)?
In Hopkinton (community), the share of households that rent went from 28.9% in 2015–2019 to 18.7% in 2020–2024 (−10.2 percentage points), not a measurable change.
How big are renting households in Hopkinton (community)?
A renting household in Hopkinton (community) has 1.4 people on average, against 3.2 in an owned home.
How much do renters earn in Hopkinton (community)?
The median renting household in Hopkinton (community), MA has an income of $44,583 (±$43,966) a year, against $250,000 or more for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hopkinton CDP, Massachusetts
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hopkinton CDP, Massachusetts
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hopkinton CDP, Massachusetts
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hopkinton CDP, Massachusetts
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hopkinton CDP, Massachusetts
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hopkinton CDP, Massachusetts (place:31050, in state:25).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hopkinton (community) at a glance
- Rent by bedrooms in Hopkinton (community)
- Rent burden in Hopkinton (community)
- Home values in Hopkinton (community)
- Homeowner costs in Hopkinton (community)
- Property taxes in Hopkinton (community)
- Types of homes in Hopkinton (community)
- Age of homes in Hopkinton (community)
- Heating fuel in Hopkinton (community)
- Commute and cars in Hopkinton (community)
- Population growth in Hopkinton (community)
- How long people stay in Hopkinton (community)
- Massachusetts landlord and tenant rules
- Housing across Middlesex County
- Massachusetts places ranked by share of renters
- Housing data for every place in Massachusetts