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These days, finding an affordable place to live in the Hopewell area can be challenging. Home prices in Hopewell are now at a median cost of $162,090, lower than the Mississippi average of $183,008.
The average cost of rent is $583/mo in Hopewell, primarily driven by the current value of real estate in the Hopewell area. In Hopewell, 12.75% of households rent, and 69.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hopewell is $5,782 per month. Households that rent pay about 10.09% of their income on rent here. Hopewell’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gatesville, MS: equally priced homes
- Georgetown, MS: less expensive homes
- Crystal Springs, MS: less expensive homes
- Shady Grove, MS: less expensive homes
- Harrisville, MS: less expensive homes
- Gallman, MS: higher priced homes
- Rosemary, MS: higher priced homes
- Rexford, MS: higher priced homes
- Hazlehurst, MS: less expensive homes
- Thomasville, MS: equally priced homes
Cities with Similar Populations
- Tioga Junction, PA: less expensive homes
- Eulala, SC: equally priced homes
- Extra, WV: higher priced homes
- Ferguson, IA: higher priced homes
- Five Points, FL: higher priced homes
- Fort Monmouth, NJ: higher priced homes
- Foundryville, PA: higher priced homes
- Galt, MO: less expensive homes
- Swansonville, VA: less expensive homes
- Swink, OK: equally priced homes
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