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Hope Valley, Rhode Island Mortgage and Housing Information

Population: 1,649
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$137,500

Value of Houses and Condos

A comparison of the average prices of homes in Hope Valley, Rhode Island and the U.S.
U.S.Rhode IslandHope Valley
Median home value
in year 2000
$111,800$130,500$133,300

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.Rhode IslandHope Valley
With a mortgage$1,088$1,205$1,232
Without a mortgage$295$406$344

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Hope Valley (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage14431.2%
First Mortgage Only23851.5%
Second Mortgage and/or Home Equity Loan8017.3%
Total462100%

Tenancy in Hope Valley

How many people in Hope Valley live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes467
Renter-occupied homes163
Homes for sale4
Homes for rent11
Total663

Age of Hope Valley Residents

Median age for males and females (2000).
Males 36
Females 38

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.Rhode IslandHope Valley
Median Earnings$23,755$24,007$25,288
Median Earnings, Males$29,458$30,240$28,523
Median Earnings, Females$18,957$19,167$15,967

Males earn $12,556 (78.6%) more than Females in Hope Valley.

Commuting in Hope Valley

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo740
Carpooled49
Public Transit5
Bicycle0
Walking0
Other Means26
Total, Commuted820
Worked from home14
Total834

Time Spent Commuting in Hope Valley

Time spent commuting in Hope Valley
Time spent in minutesNumber of People
Less than 566
5-985
10-1443
15-1952
20-24155
25-29102
30-34152
35-3938
40-4438
45-5964
60-8916
Over 909

Education

Level of higher education for people over 25 years in Hope Valley (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College9416.3%10017.3%
Associate Degree315.4%315.4%
Bachelor's Degree9115.8%8514.7%
Master's Degree152.6%234.0%
Professional Degree00.0%81.4%
Doctorate Degree00.0%00.0%
Total (at least some college)23140.0%24746.9%
Total over 25577100%527100%

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