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Demographics
Population
Median Income
Racial Distributions
Hopewell, Illinois, is a small community with a population of 751 as of 2022. The city falls under the "Low Diversity" category, with a predominantly white population of 97% in 2022. The median income of $92,844 in 2022 indicates a relatively affluent community, significantly above the national median income.
Over the past decade, Hopewell has consistently remained in the "Low Diversity" category. The white population has maintained a strong majority, ranging from 95% to 98% throughout the years. There have been minimal fluctuations in other racial groups, with Hispanic representation slightly decreasing from 3% in 2013 to 2% in 2022. The community has not transitioned between diversity categories during this period, indicating a stable racial composition.
The median income in Hopewell has shown an overall upward trend, increasing from $86,197 in 2013 to $92,844 in 2022, representing a 7.7% growth over the decade. This increase suggests a growing affluence in the community. There was a significant jump in median income to $97,154 in 2021, followed by a slight decrease in 2022.
The population has fluctuated over the years, with a low of 665 in 2018 and a high of 875 in 2013. The recent trend shows a gradual increase from 665 in 2018 to 751 in 2022, indicating a slow but steady growth in the community's size.
Hopewell has maintained its homogeneous racial composition. This stability in racial demographics is less common in growing communities. The high median income and its growth over the decade suggest that Hopewell may be an affluent suburb or exurb, possibly attracting residents who value its current community characteristics.
Based on the observed trends, it is likely that Hopewell will remain in the "Low Diversity" category in the near future. The minimal changes in racial composition over a decade suggest a stable community with little influx of diverse populations. If the slow population growth continues and attracts more diverse residents, a very gradual shift towards the "Moderate Diversity" category might occur, but this transition would likely take many years at the current rate of change.
Economically, the upward trend in median income is likely to continue, potentially making Hopewell an increasingly affluent community. This could further reinforce its current demographic makeup, as high property values and cost of living might limit accessibility for more diverse populations.
Hopewell presents a picture of a stable, affluent, and homogeneous community that has largely resisted the diversification trends seen in many other parts of the country. The economic growth coupled with demographic stability suggests a community that may be intentionally preserving its current characteristics, possibly through zoning, housing policies, or simply by maintaining an environment that appeals to a specific demographic.