Town of Hopkinton — Financial Data

1,105 Population FY 2024

$1,225 Town-Wide Per Capita Spending All residents incl. villages FY 2024

5.7% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

13.3 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

9.8% Poverty Rate 2023

15.6% Bachelor's+ Rate 2023

4.0% Unemployment Rate 2023

89.4% Homeownership Rate 2023

Median Household Income

$62,946 (2023)

2010 2023

Per Capita Income

$31,136 (2023)

2010 2023

Median Home Value

$111,400 (2023)

2010 2023

Median Gross Rent

$1,033 (2023)

2010 2023

Median Age

45.9 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.3 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2024

Fiscal Health

Debt Outstanding

$234,898 (2024)

2011 2024

Full Value of Taxable Property

$143,933,322 (2024)

2011 2024

Debt Service

$152,955 (2024)

1995 2024

Debt Service %

5.7% (2024)

1995 2024

Town-Wide Per Capita Spending

$1,225 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

13.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,280,000 (2024)

1995 2024

Sales And Use Tax

$898,784 (2024)

1995 2024

State Aid

$734,957 (2024)

1995 2024

Use And Sale Of Property

$118,784 (2024)

1995 2024

Charges To Other Governments

$100,071 (2024)

1995 2024

Top Expenditures

Transportation

$1,554,190 (2024)

1995 2024

General Government

$503,298 (2024)

1995 2024

Employee Benefits

$356,152 (2024)

1995 2024

Culture And Recreation

$78,605 (2024)

1995 2024

Public Safety

$53,041 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Hopkinton OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Hopkinton OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Hopkinton FSMS Report 2024	FSMS_MONITORING
2023	Town of Hopkinton Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Hopkinton OSC Annual Financial Report 2023	OSC_TOWN_CSV_AFR

View all 84 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 400340100000

School Details

Not applicable for this entity type.