What percentage of people rent in Hopkinton, RI?
20.4% (±4.9 points) of the occupied homes in Hopkinton, RI are rented (2020–2024 American Community Survey).
That is 696 renting households against 2,720 that own their home.
In Hopkinton, the share of households that rent went from 16.1% in 2015–2019 to 20.4% in 2020–2024 (+4.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 20.4% (±4.9 points)
- Renting households
- 696 (±184)
- Median renter income
- $31,458 (±$16,113)
Who rents and who owns in Hopkinton
| Hopkinton | Washington County | Rhode Island | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.4% (±4.9 points) | 22.5% (±1.4 points) | 36.4% (±0.6 points) | 34.8% |
| Renting households | 696 (±184) | 11,807 (±804) | 160,568 (±2,793) | 45,017,354 |
| Owning households | 2,720 (±192) | 40,742 (±796) | 281,002 (±2,853) | 84,210,142 |
| Average renter household size | 1.6 (±0.3) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.5 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $31,458 (±$16,113) | $48,732 (±$8,280) | $50,251 (±$1,401) | $52,966 |
| Median owner household income | $104,079 (±$7,189) | $126,293 (±$5,020) | $115,286 (±$1,632) | $100,009 |
In Hopkinton, the renter share is not measurably different from Washington County (22.5%).
It is also lower than in Rhode Island (36.4%).
It is lower than the national figure (34.8%).
In Washington County, Hopkinton ranks 5 of 9 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 22 of 39.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hopkinton has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 16.1% (±4.3 points) | 20.4% (±4.9 points) | +4.3 percentage points | Not a measurable change |
| Median gross rent | $1,015 (±$311) | $1,040 (±$441) | +2.5% | No measurable change after inflation |
| Median household income | $90,134 (±$13,527) | $97,172 (±$12,327) | +7.8% | No measurable change 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.
Households that rent in places near Hopkinton
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hopkinton | — | 20.4% (±4.9 points) | — |
| Richmond | 4.7 mi | 3.4% (±1.9 points) | Lower |
| Carolina | 5.5 mi | 8.0% (±13.3 points) | Not measurably different |
| North Stonington | 6.0 mi | 7.1% (±3.6 points) | Lower |
| Bradford | 6.2 mi | 28.5% (±24.8 points) | Not measurably different |
| Westerly (community) | 7.7 mi | 28.6% (±3.9 points) | Higher |
| Voluntown | 7.9 mi | 16.5% (±9.5 points) | Not measurably different |
| Charlestown | 8.5 mi | 8.0% (±3.1 points) | Lower |
| Pawcatuck | 8.9 mi | 41.7% (±6.2 points) | Higher |
Nearby places with a measurably lower figure: Richmond, RI (3.4%), North Stonington, CT (7.1%), Charlestown, RI (8.0%).
Nearby places with a measurably higher figure: Westerly (community), RI (28.6%), Pawcatuck, CT (41.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Washington County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Narragansett | 28.3% (±4.6 points) |
| 2 (tie) | North Kingstown | 25.3% (±3.0 points) |
| 2 (tie) | Westerly | 25.3% (±3.4 points) |
| 4 | South Kingstown | 24.6% (±2.9 points) |
| 5 | Hopkinton | 20.4% (±4.9 points) |
| 6 | Exeter | 19.7% (±8.4 points) |
| 7 | New Shoreham | 18.7% (±17.4 points) |
| 8 | Charlestown | 8.0% (±3.1 points) |
| 9 | Richmond | 3.4% (±1.9 points) |
The figures for Hopkinton include the places inside it that have pages of their own: Ashaway, Hope Valley.
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 Hopkinton
How many renters are there in Hopkinton?
Hopkinton has an estimated 696 (±184) renting households, 20.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hopkinton?
In Hopkinton, the share of households that rent went from 16.1% in 2015–2019 to 20.4% in 2020–2024 (+4.3 percentage points), not a measurable change.
How big are renting households in Hopkinton?
A renting household in Hopkinton has 1.6 people on average, against 2.7 in an owned home.
How much do renters earn in Hopkinton?
The median renting household in Hopkinton, RI has an income of $31,458 (±$16,113) a year, against $104,079 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hopkinton town, Washington County, Rhode Island
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hopkinton town, Washington County, Rhode Island
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hopkinton town, Washington County, Rhode Island
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hopkinton town, Washington County, Rhode Island
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hopkinton town, Washington County, 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) and detailed tables (acs/acs5) for Hopkinton town, Washington County, Rhode Island (county subdivision:35380, in state:44 county:009).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
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- Home values in Hopkinton
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- Bedrooms in Hopkinton
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- Commute and cars in Hopkinton
- Crime reported to police in Hopkinton
- Population growth in Hopkinton
- How long people stay in Hopkinton
- Crowding and facilities in Hopkinton
- Rhode Island landlord and tenant rules
- Housing across Washington County
- Rhode Island places ranked by share of renters
- Housing data for every place in Rhode Island