Carolina vs Hope Valley

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

Carolina 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 1,238 in Carolina). Carolina has the higher median household income ($123,063 vs $98,481 in Hope Valley). Hope Valley has the higher median home value ($424,100 vs $366,000 in Carolina).

Population, income & housing

	Carolina	Hope Valley
Population	1,238	2,147
Median age	41.1 yrs	41.8 yrs
Median household income	$123,063	$98,481
Median home value	$366,000	$424,100
Median gross rent	—	$1,393
Housing units	373	779
Homeownership rate	78.8%	81.3%
Bachelor's degree or higher	35.9%	26.1%
Unemployment rate	4.7%	6.9%

Trends (ACS 5-year, 2019–2023)

	Carolina	Hope Valley
Population	803 → 1,238 (+54.2%)	1,823 → 2,147 (+17.8%)
Median household income	$87,905 → $123,063 (+40.0%)	$79,931 → $98,481 (+23.2%)
Median home value	$265,800 → $366,000 (+37.7%)	$254,600 → $424,100 (+66.6%)
Median gross rent	—	$1,375 → $1,393 (+1.3%)

Carolina

Population

8031,238

Median household income

$87,905$123,063

Median home value

$265,800$366,000

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)

	Carolina	Hope Valley
Under 5	1.2%	2.2%
5 to 17	33.0%	14.2%
18 to 24	0.0%	9.0%
25 to 34	4.1%	5.4%
35 to 44	18.3%	22.5%
45 to 54	18.6%	6.0%
55 to 64	11.9%	22.4%
65 to 74	10.7%	13.7%
75 and over	2.2%	4.5%

Race & ethnicity (share)

	Carolina	Hope Valley
White (non-Hispanic)	93.1%	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	6.9%	3.4%
Hispanic or Latino	0.0%	4.0%

Educational attainment (age 25+)

Share of adults 25+

	Carolina	Hope Valley
No high school diploma	3.3%	17.4%
High school graduate	29.6%	22.7%
Some college or associate's	31.2%	33.7%
Bachelor's degree	23.5%	24.5%
Graduate or professional degree	12.4%	1.6%

Commute to work

How workers get to work (share)

	Carolina	Hope Valley
Drove alone	89.2%	93.6%
Carpooled	0.0%	1.6%
Public transit	10.8%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	0.0%	4.8%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Carolina	Hope Valley
1-unit, detached	100.0%	74.5%
1-unit, attached	0.0%	4.0%
2 to 4 units	0.0%	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

	Carolina	Hope Valley
Poverty rate	4.2%	6.1%
Average household size	3.32	2.75
Mean commute (minutes)	48	31
Median year structure built	1971	1981