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CITY · 2010 ACS

Hope Valley

Rhode Island · 1,612 residents · 3.322 sq mi
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The short version

Hope Valley is significantly wealthier than the US average, with a median household income of $78,214. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $285,400. Poverty is rare here, at 1.4% of residents. Households here earn about 42% more than the Rhode Island median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 41.7
US median: 37.2
Average education
27% hold a bachelor's degree
US average: 28%
Less affordable
home values up 69%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,612
−2%since 2000
from 1,649 in 2000
1990 – 2024
Population density
485 / sq mi
−2%since 2000
from 496 / sq mi in 2000
US average: 261
Median age
41.7
+12%since 2000
from 37.3 in 2000
US average: 37.2
Population, 1990 – 2024
1K2K2K2K2K1990201020202024Hope Valley
20242K
1990201020202024
Section 02

Income & economy

Median household income
$78,214
+43%inflation adjusted, since 2000
from $43,264 in 2000
US average: $52,703
1990 – 2024
Per capita income
$28,102
+48%since 2000
from $18,925 in 2000
US average: $27,286
Households earning $100K+
50.6%
+2.5 ptssince 2009
from 48.1% in 2009
US average: 33.3%
Poverty rate
1.4%
−2.4 ptssince 2000
from 3.8% in 2000
US average: 13.8%
Income inequality (Gini)
0.304
US average: 0.461
Workforce by industry, 2010
Wholesale trade18.7%
US avg: 7.2%
Information15.9%
US avg: 11.5%
Retail trade13%
US avg: 10.9%
Other services4%
US avg: 7%
Public administration2.9%
US avg: 4.9%
Finance & insurance1.9%
US avg: 5.1%
Professional, scientific, technical1.9%
US avg: 4.2%
Arts, entertainment, food1.9%
US avg: 2.4%
Transportation & warehousing1.5%
US avg: 3.1%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$285,400
+69%inflation adjusted, since 2000
from $133,300 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$911
+15%inflation adjusted, since 2000
from $624 in 2000
US average: $853
Owner-occupied
58.8%
−15.3 ptssince 2000
from 74.1% in 2000
23.5% rent
Vacancy rate
10.7%
−0.8 ptssince 2009
from 11.6% in 2009
US average: 12.1%
Owner cost-burdened
32.4%
+4.8 ptssince 2009
from 27.7% in 2009
US average: 30.9%
Renter cost-burdened
61.2%
+28.3 ptssince 2009
from 32.9% in 2009
US average: 46.8%
Afford Score
3.6
+18%since 2000
from 3.1 in 2000
1990 – 2024
RELATED:See current rent listings in Hope Valley on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.6%(1,593)
Black0.7%(11)
Hispanic / Latino0.7%(11)
Asian0.2%(3)
Other0%
Diversity Score3.8%(63)
2010
White, non-Hispanic96.2%(1,550)
Black0.2%(3)
Hispanic / Latino1.2%(19)
Asian0.1%(2)
Other1.3%(21)
Diversity Score7%(112)
Diversity Score
7
+82%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
27.2%
+7.1 ptssince 2000
from 20.1% in 2000
US average: 27.9%
High school or higher
93.8%
+22.2 ptssince 2000
from 71.6% in 2000
US average: 84.9%
Graduate degree
8.4%
+4.3 ptssince 2000
from 4.2% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
28.2 min
+78%since 2000
from 15.8 min in 2000
US average: 25.2
Drive alone to work
78.8%
+2.0 ptssince 2009
from 76.8% in 2009
US average: 76.2%
Carpooled to work
15.4%
−2.2 ptssince 2009
from 17.6% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
4.4%
+0.4 ptssince 2009
from 4.0% in 2009
US average: 4.1%
Walked to work
1.4%
−0.2 ptssince 2009
from 1.6% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
16.8%
−4.9 ptssince 2009
from 21.8% in 2009
US average: 12.9%
Management & professional
26.1%
−38.1 ptssince 2009
from 64.2% in 2009
US average: 35.2%
Section 08

People & community

Male
48.4%
+3.0 ptssince 2009
from 45.4% in 2009
Female
51.6%
−3.0 ptssince 2009
from 54.6% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 12.8%
Veterans
13.2%
−31.9 ptssince 2009
from 45.1% in 2009
US average: 9.9%
Drill deeper

Places similar to Hope Valley

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Head to head

Compare Hope Valley to nearby cities

HOPE VALLEY VS
Westerly
Income$95,207+22%
Home value$448,800+57%
Population18,411+702%
SEE FULL COMPARISON →
HOPE VALLEY VS
Wakefield-Peace Dale
Income$106,551+36%
Home value$494,400+73%
Population9,302+305%
SEE FULL COMPARISON →
HOPE VALLEY VS
Norwich
Income$65,024−17%
Home value$242,300−15%
Population40,001+1641%
SEE FULL COMPARISON →
HOPE VALLEY VS
Conning Towers-Nautilus Park
Income$81,694+4%
Home value$290,100+2%
Population8,460+268%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hope Valley, Rhode Island?

Hope Valley, Rhode Island has about 1,612 residents according to the 2010 American Community Survey.

What is the median household income in Hope Valley, Rhode Island?

The typical household in Hope Valley, Rhode Island earns about $78,214 a year. Half of households make more than that, and half make less.

Is Hope Valley, Rhode Island expensive?

In Hope Valley, Rhode Island, the median home is worth about $285,400, and the typical rent is about $911 a month.

How educated are people in Hope Valley, Rhode Island?

About 27.2% of adults age 25 and over in Hope Valley, Rhode Island hold a bachelor's degree or higher.

What is the poverty rate in Hope Valley, Rhode Island?

About 1.4% of people in Hope Valley, Rhode Island live below the federal poverty line.

Has Hope Valley, Rhode Island grown since 1990?

Yes, Hope Valley, Rhode Island has grown since 1990. The population has added about 167 residents, a change of about 12 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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