Cost of Living in Hopedale, MA
Population 4,126 · Massachusetts · Data vintage 2023
(100 = US avg)
Hopedale is a smaller Massachusetts community of around 4000 residents, where median household incomes of $111,016 and housing costs ($399,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 15 miles southeast of Worcester, Hopedale falls within that metro's commuting orbit. Median home values run roughly 18% higher than Worcester's $340,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hopedale
The median home value in Hopedale is $399,100 — 31% above the national median of $305,000. Median rent runs $1,844/month, 40% higher than the national median of $1,314/month. The median household income of $111,016/year is 49% higher than the US median of $74,580. The local unemployment rate is 4.4%, below the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. Overall, Hopedale has a cost of living index of 135 versus the US average of 100, meaning it is 35% more expensive.
Hopedale has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Hopedale, MA?
Hopedale has a cost index of 135 (100 = national average). It is 35% above the national average.
What is average rent in Hopedale, MA?
The median gross rent in Hopedale is $1,844 per month based on 2023 Census data.
What is the average home price in Hopedale?
The median home value in Hopedale is $399,100 according to Zillow and Census data.
What is the median income in Hopedale?
The median household income in Hopedale is $111,016 per year (2023 ACS 5-year estimates).
What is the sales tax in Hopedale, MA?
The combined state and local sales tax rate in Hopedale is 6.3%. The Massachusetts state income tax top rate is 9.0%.
Is Hopedale, MA affordable?
Hopedale is above average in cost of living, with an index of 135 — about 35% higher than the national average.
Hopedale at a Glance
- Population
- 4,126
- Median Income
- $111,016
- Home Value
- $399,100
- Median Rent
- $1,844/mo
- Unemployment
- 4.4%
- Sales Tax
- 6.3%
Nearby Cities
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Massachusetts Rankings
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