Construction Value
$146.3M ▲ 149.8%
Units Permitted
578 ▲ 95.9%
Avg Value / Unit
$253K
2024 · Census Bureau Building Permits Survey
Construction activity in Hopewell Township (Mercer) jumped in 2024, up 95.9% from the prior year with 578 housing units permitted. At $253K per unit, new builds are in line with the Mercer County average of $275K. Volume is 478% above the county average of 100 units, suggesting faster-than-typical growth. 60.6% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$8K
per resident
County avg: $17K-52%
$203.3M
per square mile
Hopewell Township (Mercer) vs. Mercer County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 228 | 228 | $107.6M | 74% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 350 | 10 | $38.7M | 26% |
County Ranking by Construction Volume
Among 12 permit-issuing towns in Mercer County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →