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Hope Valley, Rhode Island

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,297
Population
$101,932
Median Income
$447,500
Home Value
41.9
Median Age

Demographics

Hope Valley has a population of 2,297 with a median age of 41.9. Here is the racial and ethnic breakdown of the population:

White
93.8%
Other
4.3%
Hispanic
1.9%
Demographic Value
Total Population2,297
Median Age41.9
White93.8%
Hispanic or Latino1.9%
Other / Two or More Races4.3%
Hope Valley, Rhode Island — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.8%Other: 4.3%Other: 1.9%2,297PopulationWhiteWhite93.8%OtherOther4.3%OtherOther1.9%

Income & Economy

The median household income in Hope Valley is $101,932, which is 26.5% above the national median of $80,610. The per capita income is $45,882. The poverty rate is 9.2%.

$101,932
Median Household Income
$45,882
Per Capita Income
9.2%
Poverty Rate

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Education

In Hope Valley, 83.5% of residents age 25+ have a high school diploma or higher, and 26.3% hold a bachelor's degree or higher (2.0% with a graduate or professional degree).

HS Diploma+
83.5%
Bachelor's+
26.3%
Graduate+
2.0%
Education Level % of Adults (25+)
High School Diploma or Higher83.5%
Bachelor's Degree or Higher26.3%
Graduate or Professional Degree2.0%

Housing

The median home value in Hope Valley is $447,500, above the national median of $303,400. The homeownership rate is 91.8%.

$447,500
Median Home Value
91.8%
Homeownership Rate
Housing Metric Value
Median Home Value$447,500
Homeownership Rate91.8%

Salaries in Rhode Island

Explore salary data for popular occupations in Rhode Island:

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Other Cities in Rhode Island

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Frequently Asked Questions

What is the population of Hope Valley, Rhode Island?
The population of Hope Valley, Rhode Island is 2,297 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hope Valley, Rhode Island?
The median household income in Hope Valley, Rhode Island is $101,932. This is 26.5% above the national median of $80,610.
What is the median home value in Hope Valley, Rhode Island?
The median home value in Hope Valley, Rhode Island is $447,500.
What percentage of people in Hope Valley have a college degree?
In Hope Valley, Rhode Island, 26.3% of adults age 25 and older hold a bachelor's degree or higher, and 83.5% have a high school diploma or higher.
Is Hope Valley, Rhode Island an affordable place to live?
The home price-to-income ratio in Hope Valley, Rhode Island is 4.4x (median home value $447,500 vs. median income $101,932), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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