Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.6 yrs |
|---|---|
| Avg HH Size | 2.77 |
| Below Poverty | 6.1% ▼ 39% below avg |
| College Grads | 50.5% ▲ 30% above avg |
| Unemployment | 0.2% ▼ 96% below avg |
| HS Graduate | 574 (22.3%) |
| Some College | 311 (12.1%) |
| Associates | 389 (15.1%) |
| Bachelors | 472 (18.4%) |
| Graduate Degree | 825 (32.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $135,106 ▲ 77% above avg |
|---|---|
| Median Home Value | $468,600 ▲ 68% above avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,723/mo |
| Total Housing Units | 1,360 |
| Vacant Units | 52 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hope is a city in Rhode Island, located in Providence County. The city spans 1 ZIP code and is home to approximately 3,665 residents. It is a middle-aged city, with a median age of 40.6 years.
Economically, Hope is a upper-middle-income community. The median household income of $135,106 is significantly above the national average. Approximately 6.1% of residents live below the poverty line. The unemployment rate is 0.2%, well below the national average.
The real estate market in Hope is a premium housing market. Median home values stand at $468,600, which is significantly above the national average. Renters typically pay around $1,723 per month. Homeownership is high at 94.7%, typical of suburban and family-oriented communities.
The population of Hope is well-educated. 50.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (96.92%).
Hope, RI offers residents above-average earning potential within Rhode Island.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 02831 | 3,665 | $135,106 | $468,600 | $1,723 | 0.2% | 50.5% | 94.7% |