Hope, RI
Source:
Affordability Score: 71/100
Population: 3,515 · 1 ZIP codes
The affordability dashboard for Hope, RI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,515 residents, then layers in county-level federal data to produce an overall grade of B (71/100). The headline inputs are median household income of $137,181, median home value of $462,200, median rent of $1,705 per month, and 30.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.
Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,729 per month (studio $1,318, 1BR $1,402, 3BR $2,087, 4BR $2,480). Department of Labor data lists infant center-based childcare at $15,059 per year, consuming 11% of the local median household income.
Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Hope, RI include income, rent. Unemployment currently reads 1.0% and poverty 5.4% — numbers worth keeping alongside the headline grade.
Score Breakdown
Income & Employment
Housing
Fair Market Rents by Bedroom
Safety
Education & Family
Childcare Costs
What This Means
Hope, RI receives an overall affordability grade of B (71/100), aggregated from 1 ZIP codes with a total population of 3,515. This area performs well in income and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.
Nearby City Dashboards
What are common questions about this dashboard?
Is Hope, RI affordable?▼
What is the cost of living in Hope?▼
How is the affordability score calculated?▼
Official Data Resources
Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →
Read our methodology — how this data is sourced, computed, and verified.