City profile · Rhode Island · Census ACS 2023

Hope Valley, RI

Population, income, housing, safety, climate and schools for Hope Valley - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

2,147
Residents
$98,481
Median income
$424,100
Median home
$1,729
Median rent (state)

Hope Valley - the verdict

Measured against every US city with at least 1,000 residents, Hope Valley lands in the 77th percentile for household income. Source: Census ACS.

77th
percentile, household income
79th
percentile, home value
70th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Hope Valley, RI

Census ACS 2023 estimates count 2,147 residents in Hope Valley, a small town within Rhode Island. Median household income here is $98,481 per year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 6.0%. Hope Valley's housing stock carries a median value of $424,100, and the median resident age is 41.8 years. About 26.1% of adults hold a bachelor's degree or higher, while 60.6% of working-age residents are in the labor force.

The city is served by 1 public schools according to NCES Common Core of Data.

Rhode Island tracks close to the national cost-of-living baseline: on BEA's 100-equals-national-average cost index, Rhode Island scores 102.3 (Near Average), per the 2024 Regional Price Parities release. A typical two-bedroom carries a HUD Fair Market Rent of $1,729 per month statewide. EIA 2023 residential energy data puts Rhode Island's average monthly utility costs around $318 (state average). On FEMA's National Risk Index, this area rates 64.0 out of 100 for natural-hazard exposure (Moderate).

Population

2,147 residents

Census ACS 2023 - Rhode Island

Median Household Income

$98,481 /yr

Poverty 6.0%

Cost of Living Index (state)

102.3 (US=100)

Near Average - BEA RPP 2024, Rhode Island average

How does Hope Valley compare to other US cities?

Here's how Hope Valley stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 77% higher than other cities
Home value 79% pricier than other cities
Median rent 70% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Hope Valley's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Rhode Island, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

77thIncome percentile

77th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Hope Valley's home value compares nationally

Median home value vs. every US city (population 1,000+)

$424,100 21st percentile more affordable than 21% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). Below this entry. $375,000–$400,000: 393 US cities (3%). Below this entry. $400,000–$425,000: 317 US cities (2%). This entry sits in this band. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Hope Valley $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

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

Income distribution context

Household income distribution - Hope Valley, RI Hope Valley, RI's reported median household income shown against the U.S. national quintile-share pattern (not Hope Valley, RI-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Hope Valley, RI median $98,481/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Hope Valley, RI's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Hope Valley, RI. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 26.1%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 6.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 60.6%

Census ACS S2301, share of working-age residents in the labor force

Population
2,147
Median Income
$98,481
Median Home Value
$424,100
Median Age
41.8
Poverty Rate
6.0%
Labor force participation
60.6%
Bachelor's Degree+
26.1%

Schools

Total Schools
1
Public schools in this city

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
93.6%
Carpool
1.6%
Public Transit
0.0%
Walk
0.0%
Work from Home
4.8%

Based on 1,076 workers 16 and over.

Monthly Utility Costs

State-average estimates for Rhode Island - EIA 2023 residential energy data

Electricity
$155
avg/month
Natural Gas
$105
avg/month
Water & Sewer
$58
avg/month
Total Utilities
$318
estimated/month

Estimates reflect Rhode Island state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Rhode Island state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Hope Valley sits in

Cost of Living Index
102.3
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,729/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
64.0 / 100
Moderate
FEMA NRI composite score (county)

Similar Cities in Rhode Island

Melville
1,840 people
Chepachet
1,819 people
Harrisville
1,816 people
Ashaway
1,682 people
Charlestown
1,648 people
Bradford
1,437 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Hope Valley's 2,147 residents (Census ACS 5-Year 2023).

Oak Hill, FL
2,147 people
Oriole Beach, FL
2,146 people
Athens, IL
2,146 people
Falmouth Foreside, ME
2,148 people
Cologne, MN
2,146 people
Washington Mills, NY
2,148 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Hope Valley's $98,481 (Census ACS 5-Year 2023, table B19013).

Plum, PA
$98,475 median income
University Heights, OH
$98,474 median income
Hillsborough, NC
$98,467 median income
Spanish Fork, UT
$98,497 median income
Millcreek, UT
$98,502 median income
Menomonee Falls, WI
$98,460 median income

Race & Ethnicity Composition

Race and ethnicity - Hope Valley, RI Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Hope Valley, RI - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 92.7% ETHNICITY, Hispanic or Latino (any race) 4.0% White 92.7% Black or African American 0.0% Asian 0.0% American Indian 0.0% Native Hawaiian 0.0% Some other race 2.9% Two or more races 4.4% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Hope Valley compares to nearby Rhode Island cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Hope Valley (this city) 2,147 $98,481
Melville 1,840 $103,393
Chepachet 1,819 $95,423
Harrisville 1,816 $66,016
Census ACS 5-year FIPS RI NCES CCD OMB Bulletin 23-01

What do people ask about Hope Valley, RI?

What is the population of Hope Valley, RI? +

The population of Hope Valley, RI stands at 2,147 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Hope Valley, RI? +

Median annual household income in Hope Valley runs $98,481, based on Census ACS 2023 data.

What is the cost of living in Hope Valley? +

BEA does not publish a city-level cost-of-living figure for Hope Valley; the closest available measure is the Rhode Island state average, a cost of living index of 102.3 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Rhode Island vary by metro area.

What is the median home value in Hope Valley, RI? +

The median home value in Hope Valley is $424,100, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.