What is the median household income in Hope Valley CDP?

The median household income in Hope Valley CDP is $98,481, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the poverty rate in Hope Valley CDP?

The poverty rate in Hope Valley CDP is 6.0%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the median home value in Hope Valley CDP?

The median home value in Hope Valley CDP is $424,100, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the average rent in Hope Valley CDP?

The median gross rent in Hope Valley CDP is $1,393 per month, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the unemployment rate in Hope Valley CDP?

The unemployment rate in Hope Valley CDP is 6.9%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

Hope Valley CDP, Rhode Island

City

Population: 2,147 (2023 estimate)

Located in Rhode Island , Rhode Island

Census Bureau data for Hope Valley CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Hope Valley CDP

What is the median household income in Hope Valley CDP?: The median household income in Hope Valley CDP is $98,481 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Hope Valley CDP?: The poverty rate in Hope Valley CDP is 6.0% (U.S. Census Bureau ACS 2023).
What is the median home value in Hope Valley CDP?: $424,100 (U.S. Census Bureau ACS 2023).
What is the average rent in Hope Valley CDP?: The median gross rent in Hope Valley CDP is $1,393 per month (U.S. Census Bureau ACS 2023).
What percentage of Hope Valley CDP residents have a college degree?: 26.1% of adults in Hope Valley CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

2,147

Median Income

$98,481

Median Home Value

$424,100

Poverty Rate

6.0%

Unemployment (ACS 2023)

6.9%

Median Age

41.0 yrs

Since 2019 Median Income: +$18,550 (+23.2%) Home Value: +$169,500 (+66.6%) Poverty Rate: -1.0 pp (-14.3%) Bachelor's+: -3.1 pp (-10.6%) Unemployment: +0.8 pp (+13.1%)

Demographics

Total Population 2,147

Median Age 41.0

Female 42.2%

Race & Ethnicity

Hispanic or Latino 4.0% White (non-Hisp.) 92.7% Two or More 4.4% Other 2.9%

Hispanic Subgroups (% of total pop.)

Puerto Rican

1.2%

Mexican

1.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $98,481 ±$13,474

+$12,109 vs. state

Per Capita Income $104,691

Median Family Income $99,597

Poverty Rate 6.0%

-1.0 pp vs. state

Child Poverty Rate 15.8%

Working-Age Poverty Rate —

SNAP Recipients 9.8%

Social Security Income —

Retirement Income 45.4%

Household Income Distribution

$10–15k

3.1%

$25–35k

8.2%

$35–50k

14.4%

$50–75k

11.0%

$75–100k

22.7%

$100–150k

13.5%

$150–200k

12.7%

$200k+

14.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 779

Owner-Occupied 81.3%

Renter-Occupied 18.7%

Vacancy Rate 0.0%

Median Home Value $424,100

+$55,300 vs. state

Median Gross Rent $1,393

Owner Cost Burden (30%+) 30.0%

Renter Cost Burden (30%+) 87.2%

Home Value Distribution

< $50k

1.6%

$100–200k

3.3%

$200–300k

11.1%

$300–500k

72.2%

$500k–$1M

11.8%

Vehicle Availability

1 vehicle

30.2%

2 vehicles

29.8%

40.1%

Housing Type

Single-fam. det.

74.5%

Single-fam. att.

4.0%

2–4 units

4.6%

Housing Age

Pre-1940

20.0%

1940–1969

10.7%

1970–1999

9.2%

2000–2009

1.5%

2010+

17.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 82.6%

Bachelor's or Higher 26.1%

-11.2 pp vs. state

Graduate Degree 1.6%

Some College / Associate 25.9%

Less Than High School 1.5%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 66.5%

Unemployment Rate 6.9%

+1.2 pp vs. state

Work from Home 4.8%

Self-Employed 9.7%

Government Workers 7.4%

Private For-Profit 83.0%

Industry

Edu/Health

37.5%

Construction

24.3%

Manufacturing

23.1%

Prof. Services

4.9%

Finance

2.9%

Transportation

2.0%

Agriculture

1.7%

Retail

1.6%

Public Admin

1.1%

Occupation

Management

41.7%

Food Prep

25.1%

Construction

20.8%

Production

6.5%

Sales

5.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 30.9 min

Drove Alone 93.6%

Carpool 1.6%

Public Transit 0.0%

Work from Home 4.8%

Walked 0.0%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 779

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 69.7%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 12.8%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

2.2%

5–9

7.8%

10–14

2.2%

15–19

7.3%

20–24

5.9%

25–34

5.4%

35–44

22.5%

45–54

6.0%

55–64

1.0%

65–74

21.4%

75–84

13.7%

85+

4.5%

Under 18: 16.4% Working age (18–64): 83.6% 65 and over: 18.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 0.0%

Naturalized Citizen —

Speaks English Less Than Very Well 1.2%

Veterans & Disability

Veteran 11.2%

With a Disability 17.5%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 97.5%

Uninsured 2.5%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 100.0%

Has a Computer 98.5%

Same House 1 Year Ago 99.1%

Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Hope Valley CDP

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured