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Affordable
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These days, finding an affordable place to live in the Hopewell Junction area can be challenging. Home prices in Hopewell Junction are now at a median cost of $480,375, lower than the New York average of $610,895.
The average cost of rent is $1,789/mo in Hopewell Junction, primarily driven by the current value of real estate in the Hopewell Junction area. In Hopewell Junction, 9.91% of households rent, and 32.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hopewell Junction is $12,369 per month. Households that rent pay about 14.47% of their income on rent here. Hopewell Junction’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Johnston, IA: less expensive homes
- Lodi, NJ: equally priced homes
- Ridgefield, CT: higher priced homes
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