Hopewell city, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 37.29, -77.30.
Assembled 2026-10-07. Read the brief.
- 43rd pct · 1,737th of 3,063 US counties · median $234,566
- 25th pct · 99th of 133 Virginia counties · median $307,999
- 12th pct · 15th of 17 counties in the Richmond metro · median $352,207
- 42nd pct · 1,755th of 3,063 US counties · median +2.9%
- 35th pct · 86th of 133 Virginia counties · median +2.9%
- 31st pct · 12th of 17 counties in the Richmond metro · median +3.4%
- 22nd pct · 1,087th of 1,399 US counties · median $1,496
- 6th pct · 74th of 79 Virginia counties · median $1,757
- 0th pct · 11th of 11 counties in the Richmond metro · median $1,801
- 46th pct · 1,712th of 3,221 US counties · median 8,232
- 43rd pct · 75th of 133 Virginia counties · median 9,944
- 37th pct · 11th of 17 counties in the Richmond metro · median 9,487
- 85th pct · 452nd of 3,221 US counties · median $1,039
- 84th pct · 22nd of 133 Virginia counties · median $1,048
- 81st pct · 4th of 17 counties in the Richmond metro · median $1,211
- 24th pct · 2,317th of 3,063 US counties · median 4.3
- 13th pct · 115th of 133 Virginia counties · median 5.4
- 0th pct · 17th of 17 counties in the Richmond metro · median 4.7
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $217,925 (Aug 2026), +2.3% over one year, +35.9% over five
- 43rd pct · 1,737th of 3,063 US counties · median $234,566
- 25th pct · 99th of 133 Virginia counties · median $307,999
- 12th pct · 15th of 17 counties in the Richmond metro · median $352,207
| Item | Value | Distance |
|---|---|---|
| Hopewell city, VA | $217,925 · +2.3% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,199/mo (Aug 2026), +4.1% over one year; price-to-rent 15.1
- 22nd pct · 1,087th of 1,399 US counties · median $1,496
- 6th pct · 74th of 79 Virginia counties · median $1,757
- 0th pct · 11th of 11 counties in the Richmond metro · median $1,801
| Item | Value | Distance |
|---|---|---|
| Hopewell city, VA | $1,199/mo · +4.1% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $1,193 a month on $217,925 at 7.28%, against an average weekly wage worth $5,703 a month: 20.9% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $217,925 × 80% = $174,340, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,193/mo principal and interest
- wage share = payment / (avg weekly wage $1,316 × 52 / 12 = $5,703) = 21% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $217,925 / ($1,316 × 52) = 3.2
- price-to-rent = $217,925 / ($1,199 × 12) = 15.1
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
7,276 jobs at 548 employers (2026 Q1); 0.0% jobs and +0.5% average weekly wage over the year
- 46th pct · 1,712th of 3,221 US counties · median 8,232
- 43rd pct · 75th of 133 Virginia counties · median 9,944
- 37th pct · 11th of 17 counties in the Richmond metro · median 9,487
| Item | Value | Distance |
|---|---|---|
| Hopewell city, VA | 7,276 jobs · $1,316/wk · 0.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Manufacturing | 1,830 | $2,248 | 3.13 | +0.0% |
| Health care and social assistance | 1,463 | $1,105 | 1.34 | +0.0% |
| Accommodation and food services | 771 | $402 | 1.18 | +14.7% |
| Retail trade | 467 | $651 | 0.66 | -11.4% |
| Administrative and waste services | 316 | $840 | 0.76 | -4.5% |
| Construction | 315 | $1,228 | 0.83 | +0.0% |
| Other services | 160 | $578 | 0.74 | +8.1% |
| Wholesale trade | 146 | $1,404 | 0.52 | +16.8% |
| Educational services | 100 | $643 | 0.64 | +0.0% |
| Utilities | 83 | $3,351 | 2.89 | +1.2% |
| Finance and insurance | 78 | $1,133 | 0.26 | -8.2% |
| Arts, entertainment and recreation | 16 | $234 | 0.13 | +6.7% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
No drought class at this point (USDM covers the United States only)
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$246.8 m in deposits at 2 offices of 2 banks (SOD June 2026); HHI 5,287, highly concentrated. $172.6 m federal obligations in FY2026 (direct payments $162.7 m, grants $7.6 m), $23,715 per covered job
| Item | Value | Distance |
|---|---|---|
| Truist Bank | $152.9 m · 62.0% share · 1 office | |
| Wells Fargo Bank, National Association | $93.9 m · 38.0% share · 1 office | |
| Hopewell (City), VA | $172.6 m FY2026 · $23,715/job | |
| MULTIPLE RECIPIENTS | $154.8 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Truist Bank | $152,944,000 | 62.0% | 1 |
| Wells Fargo Bank, National Association | $93,856,000 | 38.0% | 1 |
Deposit concentration is 5,287 across 2 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 2 banks with deposits in the county = 62.0² + 38.0² = 5,287
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $108,333,810 |
| Department of Veterans Affairs | $46,136,062 |
| Department of Housing and Urban Development | $10,726,423 |
| Department of Transportation | $5,392,157 |
| Department of Justice | $1,792,794 |
| Railroad Retirement Board | $293,055 |
| Department of Health and Human Services | $75,000 |
| Department of Agriculture | $38,765 |
| Small Business Administration | -$22,790 |
| Department of the Interior | -$212,126 |
That is $23,715 per covered job, against 7,276 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $172.6 m / 7,276 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $23,715
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 3.00 | 2026-10-06 | -50.0% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Hopewell city, VA: 9 findings, 9 noted
noteHopewell city, VA's average weekly wage was 0.5% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +0.5 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteHopewell city, VA's typical asking rent of $1,199 ranks 11th of 11 counties in the Richmond metro, against a median of $1,801.
Period 2026-08.Show the arithmetic
- 0 on the 0-to-100 scale across 11 counties in the Richmond metro that published rent.latest
position among the entities that published this metric this period; not an official level
noteHopewell city, VA's years of wages of 3.2 ranks 17th of 17 counties in the Richmond metro, against a median of 4.7.
Period 2026-08.Show the arithmetic
- 0 on the 0-to-100 scale across 17 counties in the Richmond metro that published yearsOfWages
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the entities that published this metric this period; not an official level
noteHopewell city, VA's momentum index of 0.15 ranks 16th of 17 counties in the Richmond metro, against a median of 0.41.
Period 2026-08.Show the arithmetic
- 6 on the 0-to-100 scale across 17 counties in the Richmond metro that published momentum
- momentum = Σ wᵢ · clip(changeᵢ / scaleᵢ, −1, 1) / Σ wᵢ over the terms present; weights and scales: home value 1-yr change 0.3 (±10%), rent 1-yr change 0.15 (±10%), jobs over-the-year change 0.3 (±3%), avg weekly wage over-the-year change 0.25 (±6%)
position among the entities that published this metric this period; not an official level
noteHopewell city, VA's typical asking rent of $1,199 ranks 74th of 79 Virginia counties, against a median of $1,757.
Period 2026-08.Show the arithmetic
- 6 on the 0-to-100 scale across 79 Virginia counties that published rent.latest
position among the entities that published this metric this period; not an official level
Read all 9 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.