Ashaway vs Hope Valley

A side-by-side comparison of Ashaway and Hope Valley: population, income, housing, and more.

Ashaway and Hope Valley are places in Rhode Island. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Hope Valley has the higher population (2,147 vs 1,682 in Ashaway). Ashaway has the higher median household income ($101,165 vs $98,481 in Hope Valley). Hope Valley has the higher median home value ($424,100 vs $305,600 in Ashaway).

Population, income & housing

	Ashaway	Hope Valley
Population	1,682	2,147
Median age	38.6 yrs	41.8 yrs
Median household income	$101,165	$98,481
Median home value	$305,600	$424,100
Median gross rent	$1,318	$1,393
Housing units	654	779
Homeownership rate	69.3%	81.3%
Bachelor's degree or higher	24.2%	26.1%
Unemployment rate	0.0%	6.9%

Trends (ACS 5-year, 2019–2023)

	Ashaway	Hope Valley
Population	1,195 → 1,682 (+40.8%)	1,823 → 2,147 (+17.8%)
Median household income	$104,337 → $101,165 (-3.0%)	$79,931 → $98,481 (+23.2%)
Median home value	$232,000 → $305,600 (+31.7%)	$254,600 → $424,100 (+66.6%)
Median gross rent	$970 → $1,318 (+35.9%)	$1,375 → $1,393 (+1.3%)

Ashaway

Population

1,1951,682

Median household income

$104,337$101,165

Median home value

$232,000$305,600

Median gross rent

$970$1,318

Hope Valley

Population

1,8232,147

Median household income

$79,931$98,481

Median home value

$254,600$424,100

Median gross rent

$1,375$1,393

Age & race/ethnicity

Age distribution (share)

	Ashaway	Hope Valley
Under 5	5.2%	2.2%
5 to 17	22.5%	14.2%
18 to 24	12.1%	9.0%
25 to 34	5.8%	5.4%
35 to 44	10.9%	22.5%
45 to 54	19.4%	6.0%
55 to 64	14.8%	22.4%
65 to 74	7.2%	13.7%
75 and over	2.0%	4.5%

Race & ethnicity (share)

	Ashaway	Hope Valley
White (non-Hispanic)	88.8%	92.7%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	8.3%	3.4%
Hispanic or Latino	3.0%	4.0%

Educational attainment (age 25+)

Share of adults 25+

	Ashaway	Hope Valley
No high school diploma	0.0%	17.4%
High school graduate	34.5%	22.7%
Some college or associate's	41.4%	33.7%
Bachelor's degree	17.5%	24.5%
Graduate or professional degree	6.7%	1.6%

Commute to work

How workers get to work (share)

	Ashaway	Hope Valley
Drove alone	95.7%	93.6%
Carpooled	0.8%	1.6%
Public transit	0.0%	0.0%
Walked	0.4%	0.0%
Bicycle	0.0%	0.0%
Worked from home	2.3%	4.8%
Other means	0.9%	0.0%

Housing

Units in structure (share)

	Ashaway	Hope Valley
1-unit, detached	91.3%	74.5%
1-unit, attached	1.4%	4.0%
2 to 4 units	7.3%	21.6%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	0.0%	0.0%

Poverty & households

	Ashaway	Hope Valley
Poverty rate	0.6%	6.1%
Average household size	2.69	2.75
Mean commute (minutes)	23	31
Median year structure built	1948	1981