All Countries
Hope Valley, RI
Full City Profile · Rhode Island · Washington County County
3.2
/5.0
B
Good
2,147
Population
647/sq mi density
$98,481
Median Income
$42,854 per capita
$424,100
Home Value
$468,990 Zillow
$1,393
Median Rent
44.3% income on rent
51°F
Avg Temperature
271 sunny days/yr
49
Violent Crime/100K
1,477 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$98,481 median income, 4.5% unemployment
A
Affordability
4.3 / 5.0
$424,100 home value, $1,393/mo rent
F
Safety
1.0 / 5.0
49 violent crimes/100K
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher
Income Overview
Median Household Income
$98,481
31% above
US avg: $75,149
Per Capita Income
$42,854
10% above
US avg: $39,052
Unemployment Rate
4.5%
25% above
US avg: 3.6%
Poverty Rate
6.0%
52% below
US avg: 12.4%
Income Comparison: Hope Valley vs. U.S. Average
Each bar shows Hope Valley’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$98,481
131%
Per Capita
US: $39,052
$42,854
110%
IRS Avg AGI
US: $72,000
$107,904
150%
Avg Weekly Wage
US: $1,432
$1,206
84%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,206
16% below US avg ($1,432)
Mean Commute Time
31 min
12% above US avg (28 min)
Work From Home
4.8%
68% below US avg (15.2%)
Drive Alone
93.6%
28% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$9,768M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
93.6%
Public Transit
0%
Work From Home
4.8%
Other
1.6%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
5,814
Restaurants
466
Healthcare
350
Retail
493
Manufacturing
133
Tax & Financial
IRS Avg Adjusted Gross Income
$107,904
50% above US avg ($72,000)
Avg Property Tax
$7,752
121% above US avg ($3,500)
Cost of Living Index
102.3
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $98,481 |
| Per Capita Income | $42,854 |
| IRS Avg Adjusted Gross Income | $107,904 |
| Avg Weekly Wage | $1,206 |
| County GDP | $9,768M |
Hardship Indicators
| Unemployment Rate | 4.5% |
| Poverty Rate | 6.0% |
| Gini Coefficient | 0.427 |
| Cost of Living Index | 102.3 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 93.6% |
| Public Transit | 0.0% |
| Work From Home | 4.8% |
Businesses
| Total Establishments | 5,814 |
| Restaurants | 466 |
| Healthcare | 350 |
| Retail | 493 |
| Manufacturing | 133 |
Tax
| IRS Avg AGI | $107,904 |
| Avg Property Tax | $7,752 |