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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,823 (±452) | 2,297 (±540) | +26.0% | Not a measurable change |
| Housing units | 728 (±182) | 781 (±191) | +7.3% | Not a measurable change |
| Households that rent | 28.8% (±16.8 points) | 8.2% (±8.4 points) | −20.6 percentage points | Measurable 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
| Residents | Verdict | Housing 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
| Year built | Hope Valley | Washington County | Rhode Island | United States |
|---|---|---|---|---|
| 2020 or later | 0.0% (±6.2 points) | 1.2% | 0.7% | 2.0% |
| 2010 to 2019 | 18.1% (±11.3 points) | 6.3% | 3.7% | 9.4% |
| 2000 to 2009 | 10.2% (±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
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Hope Valley | — | 2,297 | +26.0% | Not a measurable change |
| Richmond | 3.0 mi | 8,142 | +6.4% | Measurable increase |
| Carolina | 5.1 mi | 1,048 | +30.5% | Not a measurable change |
| Exeter | 6.1 mi | 7,195 | +8.0% | Measurable increase |
| Ashaway | 6.8 mi | 1,722 | +44.1% | Not a measurable change |
| Voluntown | 7.3 mi | 2,604 | +2.7% | Measurable increase |
| North Stonington | 8.4 mi | 5,160 | −1.2% | Measurable decrease |
| West Greenwich | 8.5 mi | 6,647 | +6.8% | Measurable increase |
| Bradford | 8.9 mi | 1,511 | +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
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Hope Valley CDP, Rhode Island
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hope Valley CDP, Rhode Island
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Hope Valley CDP, Rhode Island
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Hope Valley CDP, Rhode Island
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hope Valley CDP, Rhode Island
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hope Valley CDP, Rhode Island
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hope Valley CDP, Rhode Island
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in Hope Valley at a glance
- Income and affordability in Hope Valley
- Home values in Hope Valley
- Homeowner costs in Hope Valley
- Property taxes in Hope Valley
- Types of homes in Hope Valley
- Bedrooms in Hope Valley
- Age of homes in Hope Valley
- Heating fuel in Hope Valley
- Commute and cars in Hope Valley
- Rhode Island landlord and tenant rules
- Housing across Washington County
- Housing data for every place in Rhode Island