Hopkinton is a medium-sized town located in the state of Massachusetts. With a population of 18,758 people and four constituent neighborhoods, Hopkinton is the 105th largest community in Massachusetts.
Hopkinton home prices are not only among the most expensive in Massachusetts, but Hopkinton real estate also consistently ranks among the most expensive in America.
Hopkinton is a decidedly white-collar town, with fully 94.03% of the workforce employed in white-collar jobs, well above the national average. Overall, Hopkinton is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Hopkinton who work in management occupations (17.93%), sales jobs (13.18%), and computer science and math (12.56%).
Also of interest is that Hopkinton has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Hopkinton is also a town of artists. Hopkinton has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Hopkinton’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.60% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Hopkinton is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Hopkinton is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Hopkinton’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Hopkinton is that it can take a long time to commute to work. In Hopkinton, the average commute to work is 35.83 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Despite being a small town, Hopkinton has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
If knowledge is power, Hopkinton is a pretty powerful place. 74.46% of the adults in Hopkinton have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Hopkinton in 2018 was $82,234, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $328,936 for a family of four.
Hopkinton is a very ethnically-diverse town. The people who call Hopkinton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Hopkinton residents report their race to be White, followed by Asian. Important ancestries of people in Hopkinton include Irish, English, Italian, German, and Polish.
The most common language spoken in Hopkinton is English. Other important languages spoken here include Langs. of India and Chinese.