Cities / Rhode Island / Hope Valley

Hope Valley, RI

2,209 people

Right Now

Active Weather Alerts

Population & People

Population

2,209

Median age

41.9

Median household income

$101,932

Poverty rate

9.2%

Unemployment rate

5.3%

Bachelor's degree+

26.3%

Avg. commute

24 min

Hispanic or Latino

1.9%

Source: U.S. Census Bureau, American Community Survey.

Housing & Rent

Median home value

$447,500

Median gross rent

—

Homeownership rate

91.81%

HUD FMR — 2 bedroom

$1,773

HUD Fair Market Rent (Rhode Island statewide average across 39 areas — not specific to Hope Valley), 2026. Efficiency $1354, 1BR $1427, 2BR $1773, 3BR $2172, 4BR $2554. This is a different official figure from Census median gross rent above.

Energy

Rhode Island commercial electricity

23.46¢/kWh

Rhode Island industrial electricity

21.74¢/kWh

Rhode Island residential electricity

29.46¢/kWh

Economy

Gross Domestic Product: All Industry Total

83956

Real Gross Domestic Product: All Industry Total

64180.1

All-Transactions House Price Index for Rhode Island

1064.86

Unemployment Rate

3.9%

Source: FRED, Rhode Island-specific series.

Nearby Airports

Sources & Data: National Weather Service (weather, alerts), EPA AirNow (air quality), U.S. Census Bureau (population, housing), HUD (Fair Market Rent), U.S. Energy Information Administration (Rhode Island energy prices), Federal Reserve Bank of St. Louis (Rhode Island economic indicators), OurAirports (airport directory).