The Hope Valley Census Designated Place had a population of 1,660 as of July 1, 2020. 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.
|Total Population||1,660 (100%)|
|Population in Households||1,654 (99.6%)|
|Population in Families||1,381 (83.2%)|
|Population in Group Quarters1||6 ( 0.4%)|
|Median Household Income||$86,235|
|Average Household Income||$116,810|
|% of Income for Mortgage4||13%|
|Per Capita Income||$45,776|
|Total HU (Housing Units)||748 (100%)|
|Owner Occupied HU||538 (71.9%)|
|Renter Occupied HU||126 (16.8%)|
|Vacant Housing Units||84 (11.2%)|
|Median Home Value||$272,710|
|Average Home Value||$280,354|
|Housing Affordability Index3||178|
|Average Household Size||2.49|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.65%|
|Per Capita Income||2.6%|
|Owner Occupied HU||0.44%|
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, 2020 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.
|Total Population||# 22||42nd|
|Population Density||# 24||36th|
|Median Household Income||# 13||67th|
|Housing Affordability Index||# 31||86th|
|Per Capita Income||# 8||81st|
|Diversity Index||# 30||22nd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Rhode Island Census Data Comparison Tool.