Also See Hope Valley, RI: ZIP Codes & Maps
The Hope Valley CDP(1) had a population of 1,860 as of July 1, 2024.
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 Hope Valley Census Designated Place 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.
POPULATION | |
---|---|
Total Population | 1,860 (100%) |
Population in Households | 1,849 (99.4%) |
Population in Families | 1,403 (75.4%) |
Population in Group Quarters1 | 11 ( 0.6%) |
Population Density | 560 |
Diversity Index2 | 20 |
INCOME | |
Median Household Income | $103,928 |
Average Household Income | $149,785 |
% of Income for Mortgage4 | 29% |
Per Capita Income | $58,152 |
Wealth Index5 | 166 |
Socioeconomic Status Index6 | Moderate (53.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 796 (100%) |
Owner Occupied HU | 573 (72.0%) |
Renter Occupied HU | 149 (18.7%) |
Vacant Housing Units | 74 ( 9.3%) |
Median Home Value | $488,445 |
Average Home Value | $512,086 |
Housing Affordability Index3 | 82 |
HOUSEHOLDS | |
Total Households | 722 |
Average Household Size | 2.56 |
Family Households | 490 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -0.13% | -0.11% |
Households | -0.03% | 0.06% |
Families | -0.08% | |
Median Household Income | 2.91% | |
Per Capita Income | 3.61% | |
Owner Occupied HU | 0.48% |
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, 2024 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 | # 19 | 50th |
Population Density | # 24 | 36th |
Median Household Income | # 17 | 56th |
Housing Affordability Index | # 21 | 58th |
Per Capita Income | # 11 | 72nd |
Diversity Index | # 26 | 31st |
Additional comparisons and rankings can be made with a VERY EASY TO USE Rhode Island Census Data Comparison Tool.
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