HomeRhode IslandWashington CountyHope Valley
Hope Valley, Rhode Island: commercial real estate data.
Hope Valley is a Census CDP of 2,297 people across 3.32 square miles of land, in Washington County. Median household income is $101,932, 91.8 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $725,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hope Valley
What Hope Valley is
- Census place typeCDP
- Land area3.32 sq mi
- Water area0.2 sq mi
- Population per square mile of land692 plus or minus 163
- County holding the largest share of its areaWashington County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Valley
How many people live in Hope Valley
- Population2,297 plus or minus 540
- Median age41.9 plus or minus 10.6
- Population under 18438 plus or minus 156
- Share under 1819.1 percent plus or minus 5.1
- Population 65 and over363 plus or minus 180
- Share 65 and over15.8 percent plus or minus 6.9
- Households781 plus or minus 191
- Family households662 plus or minus 190
- Share of households that are families84.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Valley
Income and work in Hope Valley
- Median household income$101,932 plus or minus $23,340
- Per capita income$45,882
- Civilian labor force1,203 plus or minus 371
- Employed1,138 plus or minus 339
- Unemployed65 plus or minus 72
- Unemployment rate5.4 percent plus or minus 5.7
- Adults 25 and over1,697 plus or minus 462
- Adults 25 and over with a high school diploma or higher83.5 percent plus or minus 29.7
- Adults 25 and over with a bachelor degree or higher26.3 percent plus or minus 6.5
- Adults 25 and over with a graduate degree2.0 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Valley
Housing in Hope Valley
- Housing units781 plus or minus 191
- Occupied units781 plus or minus 191
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied717 plus or minus 193
- Renter occupied64 plus or minus 65
- Ownership rate91.8 percent
- Median owner-occupied home value$447,500
- Single family units657 plus or minus 190
- Share single family84.1 percent
- Units in buildings of two or more124 plus or minus 84
- Share in buildings of two or more15.9 percent plus or minus 10.0
- Mobile homes0
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Valley
How Hope Valley gets to work
- Workers 16 and over who commute936 plus or minus 337
- Commuting under 15 minutes47 plus or minus 49
- Share commuting under 15 minutes5.0 percent plus or minus 4.9
- Commuting 30 minutes or more712 plus or minus 301
- Share commuting 30 minutes or more76.1 percent plus or minus 16.8
- Drove alone82.6 percent
- Carpooled1.6 percent plus or minus 2.7
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home15.8 percent plus or minus 12.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hope Valley
SBA loans in Hope Valley (7(a))
- Approvals3
- Gross approval$725,000
- Average approval$241,667
- Median approval$225,000
- Largest approval$300,000
- Jobs supported15
- Jobs per approval5.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Hope Valley, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hope Valley
SBA loans in Hope Valley (504)
- Approvals2
- Gross approval$388,000
- Average approval$194,000
- Median approval$194,000
- Largest approval$216,000
- Jobs supported9
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Hope Valley, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Washington County, not Hope Valley
Washington County context, not Hope Valley figures
- Establishments in Washington County3,799
- Covered employment, Washington County59,183
- Average annual pay, Washington County$62,700
- Housing units permitted, Washington County299
Every figure in this section is published for Washington County as a whole and is not a measurement of Hope Valley.
All Washington County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Hope Valley questions, answered from the record.
How many people live in Hope Valley, Rhode Island?
2,297, in 781 households. Hope Valley CDP covers 3.32 square miles of land, which is 692 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hope Valley in?
Washington County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hope Valley?
$101,932. The median owner-occupied home is valued at $447,500. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hope Valley businesses?
3 7(a) approvals totaling $725,000 since FY2020, across 3 lenders, median approval $225,000, plus 2 504 approvals worth $388,000 since FY2010. These count approvals to borrowers whose address is in Hope Valley, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hope Valley borrowers get paid back?
No rate is published for Hope Valley. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Hope Valley figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Washington County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hope Valley.
Is zoning published for Hope Valley?
No. Nothing on this page presents parcel level zoning.