Hope Valley, RI

Census Place

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2023 Population
2,147
2.81% 1-year decline
US Senator
Jack Reed
Democratic Party
US Senator
Sheldon Whitehouse
Democratic Party
2023 Median Age
41.8
5.82% 1-year increase
2023 Poverty Rate
6.05%
42.3% 1-year decrease
2023 Median Household Income
$98,481
4.89% 1-year growth
2023 Median Property Value
$424,100
1.19% 1-year decline
2023 Employed Population
1,087
3.03% 1-year growth

About

In 2023, Hope Valley, RI had a population of 2.15k people with a median age of 41.8 and a median household income of $98,481. Between 2022 and 2023 the population of Hope Valley, RI declined from 2,209 to 2,147, a −2.81% decrease and its median household income grew from $93,888 to $98,481, a 4.89% increase.

The 5 largest ethnic groups in Hope Valley, RI are White (Non-Hispanic) (92.7%), Two+ (Non-Hispanic) (3.35%), Other (Hispanic) (2.93%), Two+ (Hispanic) (1.02%), and White (Hispanic) (0%).

None of the households in Hope Valley, RI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Hope Valley, RI are U.S. citizens.

In 2023, the median property value in Hope Valley, RI was $424,100, and the homeownership rate was 81.3%.

Most people in Hope Valley, RI drove alone to work, and the average commute time was 30.9 minutes. The average car ownership in Hope Valley, RI was 2 cars per household.

Population & Diversity

Hope Valley, RI is home to a population of 2.15k people, from which 100% are citizens. As of 2023, 0% of Hope Valley, RI residents were born outside of the country (0 people).

In 2023, there were 27.6 times more White (Non-Hispanic) residents (1.99k people) in Hope Valley, RI than any other race or ethnicity. There were 72 Two+ (Non-Hispanic) and 63 Other (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

100%
2023 Citizenship
100%
2022 Citizenship

As of 2023, 100% of Hope Valley, RI residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Hope Valley, RI was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Hope Valley, RI compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Hope Valley, RI
  1. White (Non-Hispanic)
    1.99k ± 586
  2. Two+ (Non-Hispanic)
    72 ± 101
  3. Other (Hispanic)
    63 ± 102
3.96%
Hispanic Population
85 people

In 2023, there were 27.6 times more White (Non-Hispanic) residents (1.99k people) in Hope Valley, RI than any other race or ethnicity. There were 72 Two+ (Non-Hispanic) and 63 Other (Hispanic) residents, the second and third most common ethnic groups.

3.96% of the people in Hope Valley, RI are hispanic (85 people).

The following chart shows the 7 races represented in Hope Valley, RI as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Rhode Island.
Most Common Origin
  1. Dominican Republic
    34,203 ± 4,469 people
  2. Guatemala
    16,562 ± 3,136 people
  3. Portugal
    12,711 ± 2,752 people

In 2022, the most common birthplace for the foreign-born residents of Rhode Island was Dominican Republic, the natal country of 34,203 Rhode Island residents, followed by Guatemala with 16,562 and Portugal with 12,711.

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Veterans

Most Common Service Period
  1. Vietnam
    139 ± 160
  2. Gulf War (2001-)
    12 ± 27
  3. Gulf War (1990s)
    10 ± 23

Hope Valley, RI has a large population of military personnel who served in Vietnam, 11.6 times greater than any other conflict.

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Economy

The economy of Hope Valley, RI employs 1.09k people. The largest industries in Hope Valley, RI are Health Care & Social Assistance (366 people), Construction (264 people), and Manufacturing (251 people), and the highest paying industries are Manufacturing ($53,854), Educational Services ($40,714), and Total ($36,439).

Males in Rhode Island have an average income that is 1.25 times higher than the average income of females, which is $65,610. The income inequality in Rhode Island (measured using the Gini index) is 0.447, which is lower than than the national average.

Occupations

1.09k
2023 Value
± 367
3.03%
1 Year growth
± 46.2%

From 2022 to 2023, employment in Hope Valley, RI grew at a rate of 3.03%, from 1.06k employees to 1.09k employees.

The most common job groups, by number of people living in Hope Valley, RI, are Healthcare Support Occupations (169 people), Construction & Extraction Occupations (155 people), and Management Occupations (122 people). This chart illustrates the share breakdown of the primary jobs held by residents of Hope Valley, RI.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in Rhode Island (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

1.09k
2023 Value
± 367
3.03%
1 Year growth
± 46.2%

From 2022 to 2023, employment in Hope Valley, RI grew at a rate of 3.03%, from 1.06k employees to 1.09k employees.

The most common employment sectors for those who live in Hope Valley, RI, are Health Care & Social Assistance (366 people), Construction (264 people), and Manufacturing (251 people). This chart shows the share breakdown of the primary industries for residents of Hope Valley, RI, though some of these residents may live in Hope Valley, RI and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$38,750
Median earning men ± $40,354
$22,101
Median earning women ± $30,110

The industries with the best median earnings for men in 2023 are Manufacturing ($54,167) and Construction ($36,349).

The industries with the best median earnings for women in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($66,250), Manufacturing ($44,856), and Educational Services, & Health Care & Social Assistance ($21,416).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Rhode Island.
Y-Axis
1.31%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 488k people employed in Rhode Island. This represents a 1.31% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 20.6%.

The following chart shows monthly employment numbers for each industry sector in Rhode Island.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

Data is only available at the state level. Showing data for Rhode Island.
Measure

In 2022, 1.16% of men over 25 years of age had not completed any academic degree (no schooling), while 1.22% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for Rhode Island.
Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (248k), Some college (184k), and Bachelors Degree (180k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Hope Valley, RI was $424,100 in 2023, which is 1.4 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $429,200 to $424,100, a 1.19% decrease. The homeownership rate in Hope Valley, RI is 81.3%, which is approximately the same as the national average of 65%.

People in Hope Valley, RI have an average commute time of 30.9 minutes, and they drove alone to work. Car ownership in Hope Valley, RI is approximately the same as the national average, with an average of 2 cars per household.

Property

$424,100
Median Property Value 2023
±$32,636
$633
Median Property Taxes
±$232

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Hope Valley, RI the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Hope Valley, RI compared to it's parent and neighbor geographies.

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Rent vs Own

81.3%
Homeownership
2023
65.2%
Homeowners with Mortgage
2023

In 2023, 81.3% of the housing units in Hope Valley, RI were occupied by their owner. This percentage grew from the previous year's rate of 75.6%.

This chart shows the percentage of owner in Hope Valley, RI compared it's parent and neighboring geographies.

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Income by Location

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Race/Ethnicity

The following map shows all of the places in Hope Valley, RI colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$98,481
Median Household Income
± $13,474
779
Number of Households
± 269

In 2023, the median household income of the 779 households in Hope Valley, RI grew to $98,481 from the previous year's value of $93,888.

The following chart displays the households in Hope Valley, RI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Hope Valley, RI is from Rhode Island.
0.447
2022 Wage GINI in Rhode Island
0.451
2021 Wage GINI in Rhode Island

In 2022, the income inequality in Rhode Island was 0.447 according to the GINI calculation of the wage distribution. Income inequality had a 0.831% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for Rhode Island was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Rhode Island in comparison to the national average.

This chart shows the number of workers in Rhode Island across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (93.6%)
  2. Worked At Home (4.83%)
  3. Carpooled (1.58%)

In 2023, 93.6% of workers in Hope Valley, RI drove alone to work, followed by those who worked at home (4.83%) and those who carpooled to work (1.58%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

30.9 minutes
Average Travel Time

Using averages, employees in Hope Valley, RI have a longer commute time (30.9 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Hope Valley, RI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Hope Valley, RI compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Hope Valley, RI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Hope Valley, RI have 2 cars.

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Poverty & Diversity

6.05% of the population for whom poverty status is determined in Hope Valley, RI (130 out of 2.15k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Males 18 - 24, followed by Females 35 - 44 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Hope Valley, RI is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

97.5% of the population of Hope Valley, RI has health coverage, with 57.5% on employee plans, 14.2% on Medicaid, 8.48% on Medicare, 16.5% on non-group plans, and 0.707% on military or VA plans.

Primary care physicians in Washington County, RI see 1133 patients per year on average, which represents a 5.59% increase from the previous year (1073 patients). Compare this to dentists who see 1653 patients per year, and mental health providers who see 292 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Washington County, RI.
1,133 to 1
Patient to Primary Care Physician Ratio in Washington County, RI

Primary care physicians in Washington County, RI see an average of 1,133 patients per year. This represents a 5.59% increase from the previous year (1,073 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Washington County, RI in comparison to its neighboring geographies.

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Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 19.7% under 18 years, 11.5% between 18 and 34 years, 50.4% between 35 and 64 years, and 18.4% over 64 years.

By gender, of the total number of insured persons, 58.5% were men and 41.5% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

2.54%
Uninsured
57.5%
Employer Coverage
14.2%
Medicaid
8.48%
Medicare
16.5%
Non-Group
0.707%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Hope Valley, RI grew by 113% from 1.19% to 2.54%.

The following chart shows how the percent of uninsured individuals in Hope Valley, RI changed over time compared with the percent of individuals enrolled in various types of health insurance.

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