Rhode Island · Census place 34660
Hope Valley CDP, RI
Quick answer
Hope Valley CDP has 2,147 residents, ranking #19 of 36 places in Rhode Island. Median household income is $98,481, the median home is worth $424,100 and median gross rent runs $1,393 a month.
- Population
- 2,147Hope Valley CDP residents
- Median household income
- $98,481Past 12 months, inflation adjusted
- Median home value
- $424,100Owner-occupied units
- Median gross rent
- $1,393Rent plus utilities, monthly
- Median age
- 41.8 yrsAll residents
- Homeownership rate
- 81.3%Owner-occupied households
What the numbers mean in Hope Valley CDP
Housing cost measured against local earnings.
A household earning the Hope Valley CDP median would spend about 17% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.1% of residents and 81.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Rhode Island.
- Kingston CDP 6,953
- Pascoag CDP 4,081
- Narragansett Pier CDP 3,080
- Melville CDP 1,840
- Chepachet CDP 1,819
- Harrisville CDP 1,816
- Ashaway CDP 1,682
Keep going
More Rhode Island coverage.