87123 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
23860
87123
Opportunity
23 · Bottom 3%
vs33 · Bottom 11%
Growth
43 · Bottom 38%
vs44 · Bottom 40%
Climate
75 · Top 30%
vs71 · Top 45%
Physical resilience
65 · Top 42%
vs69 · Top 38%
Housing affordability
88 · Top 36%
vs85 · Top 42%
Access
90 · Bottom 41%
vs97 · Top 32%
Economic stability
32 · Bottom 10%
vs43 · Bottom 23%
Measured values
| Metric | 23860 | 87123 | Source period |
|---|---|---|---|
| Population | 31,404 | 42,252 | 2024 ACS 5-Year |
| Median household income | $62,141 | $64,359 | 2024 ACS 5-Year |
| Per capita income | $28,756 | $39,011 | 2024 ACS 5-Year |
| Population density | 694/sq mi | 1,464/sq mi | 2024 ACS 5-Year |
| Median home value | $206,500 | $249,500 | 2024 ACS 5-Year |
| Median gross rent | $1,124 | $1,086 | 2024 ACS 5-Year |
| Homeownership rate | 63.2% | 67.0% | 2024 ACS 5-Year |
| Unemployment rate | 5.1% | 4.7% | June 2026 |
| Employment change (year over year) | -2.2% | -3.5% | June 2026 |
| Bachelor's degree or higher | 15.1% | 33.4% | 2024 ACS 5-Year |
| Poverty rate | 18.5% | 20.4% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 45 | 1,524 | 12 months ending July 2026 |
| Permits per 1,000 residents | 2.0 | 2.7 | 12 months ending July 2026 |
| Permit change (year over year) | -10.0% | 17.7% | 12 months ending July 2026 |
| Average July high | 90°F | 91°F | 1991-2020 Normals |
| Average January low | 29°F | 26°F | 1991-2020 Normals |
| Annual precipitation | 45.5" | 8.8" | 1991-2020 Normals |
| Distance to major airport | 17 mi | 8 mi | NASR current cycle |
| Average commute | 27.9 min | 23.9 min | 2024 ACS 5-Year |
| Median age | 39.2 | 39.9 | 2024 ACS 5-Year |
| Public schools | 7 | 8 | 2024-25 school year |
| Students per teacher | 13.90 | 12.58 | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
23860
Elevated or high exposure: hurricane, drought.
87123
No hazard reaches elevated exposure.
Full profiles: 23860 — Hopewell, VA · 87123 — Albuquerque, NM · How this is calculated: methodology