Is Hope Valley, Rhode Island a Good Place To Live? - Living In Hope Valley, RI

Is Hope Valley, Rhode Island a good place to live?
Hope Valley is a city in Rhode Island state in USA with a population of 1823 residents.. The poverty rate of Hope Valley is 6.1%, which is 56% lower than national average. The typical household in Hope Valley earns $79931 a year, compared to the national median of $67,500. Nearly 35.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Hope Valley, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hope Valley remained 6.1%, which is 30% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hope Valley, only 29% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Hope Valley is 0, which is 100% lower than national average. Median home value in Hope Valley is $254600 , which is 11% higher than national average. While median income in Hope Valley remained $79931, which is 18% higher than national average.
Population
1823
Unemployment
6.1%
30% NAT AVG.
Poverty
6.1%
56% NAT AVG.
Overall Score
5
Median Home Cost
$254600
11% NAT AVG.
Median Income
$79931
18% NAT AVG.
Median Rent
$1375
19% NAT AVG.
People Living BPL
1 in 16
Unemployed People
1 in 16
People Earning < $10,000
1 in 38
People Earning < $50,000
35.9%
People with <= High School
1 in 2.6
People With Any Degree
1 in 3.2
Pros & Cons Overview

Jobs80%

Housing85%

Affordability60%

Safety40%

Amenities40%

Diversity40%

Education85%

Commute40%