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Market insights · Virginia

Hopewell city, VA: growth, migration and housing

Hopewell city has 23,261 residents, up 1.1% since 2020 (+0.8% in the last year). In 2022–2023, 1,104 households moved in and 957 moved out (+147 net), bringing in a net $5.3M of income. Median household income is $54,729, the median home $181,600 and median rent $1,106 a month.

Population (2025)23,261
5-year growth+1.1%
1-year growth+0.8%
Net households moving in+147
Per 1,000 residents+6.3
Net income moving in+$5.3M
Median household income$54,729
Median home value$181,600
Median rent$1,106/mo
Rent as share of income24%

In Virginia: 74th of 133 counties for 5-year population growth · 14th of 133 counties for net in-migration (per resident) · 109th of 133 counties for median household income · 102nd of 133 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Hopewell city, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Chesterfield County, VA218$8.9M
Prince George County, VA127$5.1M
Petersburg city, VA119$3.7M
Richmond city, VA105$4.3M
Henrico County, VA85$3.5M
Colonial Heights city, VA37$1.7M
Dinwiddie County, VA24$0.8M

Where leavers went

Top counties by households leaving Hopewell city, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Chesterfield County, VA159$7.2M
Prince George County, VA140$5.5M
Petersburg city, VA113$3.3M
Colonial Heights city, VA59$2.5M
Richmond city, VA46$1.5M
Henrico County, VA44$1.7M
Dinwiddie County, VA36$1.4M

BizyFi in Hopewell city

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.