| ZIP Code | 02832 |
|---|---|
| City | Hope Valley |
| State | Rhode Island (RI) |
| County | Washington County |
| Area Code | 401 |
| Elevation | 279 ft |
| Latitude | 41.506767 |
|---|---|
| Longitude | -71.728006 |
| Timezone | New York (DST) |
| FIPS | 44009 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.4 yrs ↓ 6% since 2019 |
|---|---|
| Avg Household Size | 2.43 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 46.1% ▲ 19% above avg |
| Unemployment | 4.3% ▼ 12% below avg |
| No HS Diploma | 5 (0.1%) |
| HS Graduate | 804 (23.9%) |
| Some College | 331 (9.9%) |
| Associates | 669 (19.9%) |
| Bachelors | 257 (7.7%) |
| Graduate Degree | 1,291 (38.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $101,225 ▲ 33% above avg ↑ 26% since 2019 |
|---|---|
| Median Home Value | $391,100 ▲ 40% above avg ↑ 38% since 2019 |
| Home/Income Ratio | 3.9x (nat avg ~3.5x) |
| Median Rent | $1,114/mo ↑ 11% since 2019 |
| Total Units | 2,170 |
| Vacant Units | 146 |
| Avg HH Size | 2.43 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,170 |
|---|---|
| Vacant | 146 |
| Owner Occupied | 79.4% |
| Renter Occupied | 20.6% |
| Avg HH Size | 2.43 |
ZIP code 02832 is located in Hope Valley, Rhode Island, within Washington County. With a population of 4,950, this is a lightly populated ZIP code with a mature community — the median age is 45.4 years. Economically, 02832 is a upper-middle-income ZIP code: the median household income of $101,225 is above the national average.
Real estate in ZIP code 02832 represents a mid-range housing market. The median home value of $391,100 is above the national average. Renters can expect to pay around $1,114 per month in median rent. Homeownership is strong here — 79.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 38% since 2019.
The population of 02832 is primarily White (90.42%). Residents are well-educated — 46.1% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 5.3%. Household income has grown by 26% since 2019.
The unemployment rate in 02832 stands at 4.3%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 02832 in Hope Valley, RI is characterized as upper-middle-income, well-educated, a mature community, and predominantly owner-occupied. With 4,950 residents, a median household income of $101,225, and a median home value of $391,100, it offers a clear picture of life in this part of Rhode Island.