Places/Virginia/Hopewell city, Virginia
County profile

Hopewell city, Virginia

United States · US territory
EA Place Score
methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
5,277
Census CBP · 2023
Employers
396
Census CBP · 2023
Avg. wage
$64.5k
BLS QCEW · 2023
Population
23,261
Census PEP · 2025
Labor, income & education
Unemployment
5.1%
Median HH income
$54.7k±$7.6k
Bachelor's degree+
13.7%±2.5%
Poverty rate
21.8%±3.9%
Business applications
343 · 2025
Retail establishments
69
29.9/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing33%
Health care24%
Food & accommodation17%
Retail trade14%
Other services7%
Construction6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
23,261
residents · 2025 · +1.1% since 2020
COMPONENTS OF CHANGE · 20212025
Domestic migration+301
International migration+142
Natural change183

Real estate & risk

FHFA · ACS · FEMA
Median home value
$181.6k±$14.3k
Median gross rent
$1.1k/mo±$44/mo
Vacancy rate
11.4%±3.1%
Affordability
2.8× wages
Residential permits
$5.2M
31 units · 1.3/1k pop
FEMA risk score
17.2
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 76Earthquake 64Coastal flooding 49
FHFA HOUSE PRICE INDEX · 20162025
231
2016
232
2017
255
2018
270
2019
300
2020
349
2021
400
2022
446
2023
485
2024
496
2025
RESIDENTIAL PERMITS · 20212025
82% since 2021
17
2021
19
2022
18
2023
42
2024
31
2025

Transport access

BTS · FAA · USACE
Nearest interstate
2.6 km
I-295
Nearest freight rail
0.1 km
NS
Nearest port
3.4 km
ADVANSIX HOPEWELL FACILITY
Nearest commercial airport
23.9 km
RICHMOND INTL
Wage trend
BLS QCEW · 20192023
$64.5k
avg. annual pay · +19% since 2019
The read

What is Hopewell city’s economy like?

Hopewell city is home to 23,261 residents and 5,277 jobs across 396 employers, led by manufacturing. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.

GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.