What is the median household income in Hopewell Township (Cumberland County), NJ?
The median household income in Hopewell Township (Cumberland County), NJ is $100,202 (±$30,088) a year (2020–2024 American Community Survey).
Paying the median gross rent of $972 a month would take about $38,900 a year at the common guideline of spending no more than 30% of income on rent.
In Hopewell Township (Cumberland County), the median household income went from $80,259 in 2015–2019 to $100,202 in 2020–2024 (+24.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $100,202 (±$30,088)
- Median renter income
- $32,664 (±$8,313)
- Income to afford median rent
- about $38,900
Income in Hopewell Township (Cumberland County) against Cumberland County, its state and the nation
| Hopewell Township (Cumberland County) | Cumberland County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $100,202 (±$30,088) | $67,436 (±$1,985) | $103,556 (±$513) | $80,734 |
| Median renter household income | $32,664 (±$8,313) | $39,965 (±$5,780) | $62,674 (±$718) | $52,966 |
| Median owner household income | $124,107 (±$19,854) | $86,723 (±$3,528) | $133,477 (±$624) | $100,009 |
| Median gross rent | $972 (±$615) | $1,282 (±$38) | $1,720 (±$7) | $1,413 |
In Hopewell Township (Cumberland County), median household income is higher than in Cumberland County ($67,436).
It is not measurably different from New Jersey ($103,556).
It is not measurably different from the national figure ($80,734).
In Cumberland County, Hopewell Township (Cumberland County) ranks 2 of 14 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 351 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Hopewell Township (Cumberland County)
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $972 a month ($11,664 a year) needs an income of about $38,900 a year.
The median renting household in Hopewell Township (Cumberland County) earns $32,664 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $80,259 (±$11,563) | $100,202 (±$30,088) | +24.8% | No measurable change after inflation |
| Median gross rent | $1,011 (±$868) | $972 (±$615) | −3.9% | No measurable change after inflation |
| Median home value | $173,600 (±$11,089) | $251,400 (±$18,554) | +44.8% | Up 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.
Median household income in places near Hopewell Township (Cumberland County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Hopewell Township (Cumberland County) | — | $100,202 (±$30,088) | — |
| Shiloh Borough | 1.7 mi | $70,625 (±$27,234) | Not measurably different |
| Sunset Lake | 2.7 mi | $78,555 (±$36,848) | Not measurably different |
| Bridgeton | 2.9 mi | $55,781 (±$7,187) | Lower |
| Silver Lake (Cumberland County) | 3.0 mi | $111,139 (±$13,217) | Not measurably different |
| Stow Creek Township | 4.2 mi | $105,139 (±$29,523) | Not measurably different |
| Gouldtown | 5.1 mi | $55,789 (±$6,637) | Lower |
| Fairfield Township (Cumberland County) | 5.1 mi | $60,929 (±$4,240) | Lower |
| Upper Deerfield Township | 5.1 mi | $82,946 (±$10,952) | Not measurably different |
Nearby places with a measurably lower figure: Bridgeton, NJ ($55,781), Gouldtown, NJ ($55,789), Fairfield Township (Cumberland County), NJ ($60,929).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cumberland County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Stow Creek Township | $105,139 (±$29,523) |
| 2 | Hopewell Township (Cumberland County) | $100,202 (±$30,088) |
| 3 | Lawrence Township (Cumberland County) | $85,515 (±$22,015) |
| 4 | Deerfield Township | $85,094 (±$13,089) |
| 5 | Greenwich Township (Cumberland County) | $83,125 (±$19,724) |
| 6 | Upper Deerfield Township | $82,946 (±$10,952) |
| 7 | Maurice River Township | $76,964 (±$25,850) |
| 8 | Shiloh Borough | $70,625 (±$27,234) |
Showing 8 of 14 places in Cumberland County, ranked from highest to lowest.
The figures for Hopewell Township (Cumberland County) include the places inside it that have pages of their own: West Park.
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 Hopewell Township (Cumberland County)
What is the median household income in Hopewell Township (Cumberland County)?
The median household income in Hopewell Township (Cumberland County) is $100,202 (±$30,088) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Hopewell Township (Cumberland County)?
About $38,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $972 a month.
Have incomes in Hopewell Township (Cumberland County) kept up with inflation?
In Hopewell Township (Cumberland County), the median household income went from $80,259 in 2015–2019 to $100,202 in 2020–2024 (+24.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Hopewell Township (Cumberland County)?
The median renting household in Hopewell Township (Cumberland County), NJ earns $32,664 (±$8,313) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hopewell township, Cumberland County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hopewell township, Cumberland County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hopewell township, Cumberland County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hopewell township, Cumberland County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hopewell township, Cumberland County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hopewell township, Cumberland County, New Jersey
- 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 Hopewell township, Cumberland County, New Jersey (county subdivision:33120, in state:34 county:011).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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
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- Home values in Hopewell Township (Cumberland County)
- Homeowner costs in Hopewell Township (Cumberland County)
- Property taxes in Hopewell Township (Cumberland County)
- Types of homes in Hopewell Township (Cumberland County)
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- Population growth in Hopewell Township (Cumberland County)
- How long people stay in Hopewell Township (Cumberland County)
- Crowding and facilities in Hopewell Township (Cumberland County)
- New Jersey landlord and tenant rules
- Housing across Cumberland County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey