Is Hope Valley, RI growing?

Hope Valley, RI had an estimated 2,297 (±540) residents in 2020–2024, against 1,823 in 2015–2019.

That is a change of +26.0%, not a measurable change.

Its housing went from 728 to 781 homes (+7.3%), not a measurable change.

0.0% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
2,297 (±540)
Amount of change
+26.0%
Homes change
+7.3%
Built 2020 or later
0.0%

Residents and homes in Hope Valley, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents1,823 (±452)2,297 (±540)+26.0%Not a measurable change
Housing units728 (±182)781 (±191)+7.3%Not a measurable change
Households that rent28.8% (±16.8 points)8.2% (±8.4 points)−20.6 percentage pointsMeasurable decrease
Median home value$254,600 (±$29,849)$447,500 (±$24,055)+75.8%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Hope Valley against Washington County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Hope Valley+26.0%Not a measurable change+7.3%
Washington County+3.4%Measurable increase+3.7%
Rhode Island+4.2%Measurable increase+3.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Hope Valley

Housing units by year built, 2020–2024
Year builtHope ValleyWashington CountyRhode IslandUnited States
2020 or later0.0% (±6.2 points)1.2%0.7%2.0%
2010 to 201918.1% (±11.3 points)6.3%3.7%9.4%
2000 to 200910.2% (±9.7 points)10.2%6.1%13.6%

18.1% of the homes in Hope Valley were built in 2010 or later.

The median age of residents is 41.9 years.

Growth in places near Hope Valley

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Hope Valley—2,297+26.0%Not a measurable change
Richmond3.0 mi8,142+6.4%Measurable increase
Carolina5.1 mi1,048+30.5%Not a measurable change
Exeter6.1 mi7,195+8.0%Measurable increase
Ashaway6.8 mi1,722+44.1%Not a measurable change
Voluntown7.3 mi2,604+2.7%Measurable increase
North Stonington8.4 mi5,160−1.2%Measurable decrease
West Greenwich8.5 mi6,647+6.8%Measurable increase
Bradford8.9 mi1,511+16.0%Not a measurable change

Hope Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Hopkinton, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Hope Valley

Is Hope Valley growing?

Hope Valley, RI had an estimated 2,297 residents in 2020–2024 and 1,823 in 2015–2019, a change of +26.0%: not a measurable change by the Census Bureau’s test.

How many homes have been added in Hope Valley?

The estimated number of housing units went from 728 in 2015–2019 to 781 in 2020–2024 (+7.3%), not a measurable change.

How much new construction is there in Hope Valley?

0.0% of homes in Hope Valley were built in 2020 or later and 18.1% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hope Valley CDP, Rhode Island (place:34660, in state:44).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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