Hope Valley CDP, Rhode Island Demographics & Population 2026

Name: Hope Valley CDP, Rhode Island Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Hope Valley CDP, Rhode Island has a total population of 2,147, the 19th largest city in Rhode Island, with a median household income of $98,481, which is 14% higher than the state average. The poverty rate is 6.0%.

Hope Valley CDP Quick Facts

Population 2,147

Median Household Income $98,481

Median Home Value $424,100

Poverty Rate 6.0%

Unemployment Rate 6.9%

Median Age 41.8 years

Homeownership Rate 81.3%

Affordability Ratio 4.3x

Bachelor's Degree or Higher 26.1%

High School Graduation Rate 82.6%

Diversity Index 14/100

Population 2,147 19th of 36

Median Income $98,481 average

Poverty Rate 6.0% 51% lower national

Median Home Value $424,100 above average

How Hope Valley CDP Compares

Median Household Income

Hope Valley CDP

$98,481

$86,372

National

$78,538

Median Home Value

Hope Valley CDP

$424,100

$368,800

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 3.1%

$25K-$50K 22.6%

$50K-$100K 33.8%

$100K+ 40.6%

Employment

6.9% Unemployment Rate State: 5.7% | National: 5.2%

66.5% Labor Force Participation

Housing Overview

Owner 81.3%

Renter 18.7%

Affordability Index Moderate

4.3x home value to income ratio

People & Demographics

Age Distribution

Under 18

16.4%

18-34

14.5%

35-54

28.5%

55-74

36.1%

75+

4.5%

Race & Ethnicity

Diversity Index

Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 49 | National average: 60

Education

Educational Attainment (Adults 25+)

Hope Valley CDP Rankings in Rhode Island

#19 Population of 36

#15 Median Income of 36

#27 Education of 36

#12 Home Value of 36

Explore Rhode Island Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Hope Valley CDP

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Melville CDP	1,840	$103,393	N/A	63.0%	1.0%
Chepachet CDP	1,819	$95,423	$285,600	24.9%	1.9%
Ashaway CDP	1,682	$101,165	$305,600	24.2%	0.6%
Charlestown CDP	1,648	$113,281	$545,800	56.7%	6.7%
Harrisville CDP	1,816	$66,016	$348,700	19.0%	10.2%

Population Overview

Hope Valley CDP is a small community located in Rhode Island. The total population is 2,147. It ranks as the 19th most populous out of 36 cities and towns in Rhode Island.

Age Demographics

The median age in Hope Valley CDP is 41.8 years. This is 3% higher than the state median of 40.5 years.

Economy, Income & Housing

The median household income in Hope Valley CDP is $98,481. This is 14% higher than the state median of $86,372. Compared to the national median of $78,538, household income here is 25% higher. The poverty rate stands at 6.0%. This is 45% lower than the state poverty rate of 10.9%. The unemployment rate is 6.9%. This is 21% higher than the state rate of 5.7%. The median home value is $424,100. Housing costs are 15% higher than the state median of $368,800. The home-value-to-income ratio is 4.3x. 81.3% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 63.2%.

Race & Ethnicity

Hope Valley CDP has a predominantly White (non-Hispanic) population, comprising 92.7% of all residents. Hispanic or Latino residents account for 4.0%. The Hispanic or Latino population (4.0%) is well below the state average of 17.1%.

Education

26.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% lower than the state rate of 37.3%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.6%.

Data Sources & Methodology

All demographic data for Hope Valley CDP, Rhode Island is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Rhode Island state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 36 Census-designated places in Rhode Island. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Hope Valley CDP, Rhode Island?

Hope Valley CDP, Rhode Island has a population of 2,147 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Hope Valley CDP is $98,481, which is 25% higher the national median of $78,538.

What is the poverty rate in Hope Valley CDP, RI?

The poverty rate in Hope Valley CDP is 6.0%. This means approximately 130 residents live below the federal poverty line.

What is the racial makeup of Hope Valley CDP, Rhode Island?

Hope Valley CDP's population is 92.7% White, 0.0% Black, 4.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Hope Valley CDP is $424,100. The home-value-to-income ratio is 4.3x.

How educated is Hope Valley CDP, Rhode Island?

26.1% of adults (25+) in Hope Valley CDP hold a bachelor's degree or higher, and 1.6% hold a graduate or professional degree.