Hope Valley, RI Profile: Facts & Data

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Hope Valley, Rhode Island - Basic Facts

The Hope Valley Census Designated Place had a population of 1,629 as of July 1, 2019. Hope Valley ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Rhode Island. See peer rankings below.

The primary coordinate point for Hope Valley is located at latitude 41.5076 and longitude -71.7162 in Washington County. The formal boundaries for the Hope Valley Census Designated Place encompass a land area of 3.32 sq. miles and a water area of 0.2 sq. miles. Washington County is in the Eastern time zone (GMT -5). The elevation is 82 feet.

The Hope Valley Census Designated Place (GNIS ID: 2378107) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Hope Valley Census Designated Place is located within Town of Hopkinton, a minor civil division (MCD) of Washington County.


Jump to... (On This Page!)
  1. Hope Valley 2019 Demographic Data
  2. Growth Rates for Hope Valley (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Rhode Island Research Tools (Easy Tools & Current Data)
  3. Rhode Island Data Comparison Tool - 2019 Demographics

Hope Valley, RI - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Hope Valley, RI Data & Demographics (As of July 1, 2019)

POPULATION

Total Population 1,629
Population in Households 1,623
Population in Familes 1,360
Population in Group Qrtrs 6
Population Density 490
Diversity Index1 11
 

INCOME

Median Household Income $74,881
Average Household Income $107,637
Per Capita Income $42,076
Wealth Index3 143

HOUSING

Total Housing Units 728 (100%)
Owner Occupied HU 490 (67.3%)
Renter Occupied HU 160 (22.0%)
Vacant Housing Units 78 (10.7%)
Median Home Value $283,163
Housing Affordability Index2 130
 

HOUSEHOLDS

Total Households 650
Average Household Size 2.5
Family Households 455
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.11% 0.11%
Households 0.27% 0.24%
Families 0.44% 0.18%
Median Household Income   4.4%
Per Capita Income   3.76%

Hope Valley, RI - Peer Comparisons by Rank and Percentile

The table below compares Hope Valley to the other 36 incorporated cities, towns and CDPs in Rhode Island by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 21 44th
Population Density # 24 36th
Diversity Index # 30 19th
Median Household Income # 20 47th
Per Capita Income # 14 64th

Additional comparisons and rankings can be made with a VERY EASY TO USE Rhode Island Census Data Comparison Tool.

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Rhode Island Census Data Comparison Tool

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