Hopkinton is a somewhat small town located in the state of Massachusetts. With a population of 18,470 people and three constituent neighborhoods, Hopkinton is the 128th 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 90.64% 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 (18.13%), sales jobs (10.52%), and computer science and math (9.65%).
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.30% 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 35.45 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.
Even though Hopkinton is a smaller town, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Hopkinton. 68.59% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Hopkinton in 2018 was $66,704, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $266,816 for a family of four.
Hopkinton is a somewhat 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, Italian, English, German, and French.
The most common language spoken in Hopkinton is English. Other important languages spoken here include Langs. of India and Chinese.