ZIP Code 02832

standard

Source:

Hope Valley · Washington County · Rhode Island

Population
4,608

80/sq mi

Median income
$105,976

▲ 39% vs US

higher than 85% of US ZIPs

Median home value
$432,300

▲ 55% vs US

higher than 82% of US ZIPs

Bachelor's or higher
37.9%

Median age 42.1

Land area
57.9 sq mi

New York

ZIP code 02832 in Hope Valley, Rhode Island has a population of 4,608. The median household income is $105,976, which is 39% above the national average. Median home value is $432,300, 55% above the US average. 37.9% of residents hold a bachelor's degree or higher.

ZIP code 02832 is classified by USPS as a standard delivery area and covers roughly 57.9 square miles in Hope Valley, Washington County, Rhode Island. The area is home to 4,608 residents, producing a population density of 80 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 02832 against Rhode Island and the nation.

On the economic side, the median household income for ZIP 02832 sits at $105,976 (4% above the Rhode Island average), while per-capita income is $46,235. The poverty rate stands at 6.9% and the unemployment rate at 5.5%. On housing, the median home value is $432,300 (5% below the state average) with median rent at per month, and 79.8% of occupied units are owner-occupied, a direct signal of whether 02832 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 37.9% of adults hold a bachelor's degree or higher, the median age is 42.1, and the average commute is 29 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Washington County, so you can benchmark 02832 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 02832

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 02832.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 02832, Hope Valley, RI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

4,608

Population

57.9

Area (sq mi)

80

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 02832?

42.1

Median Age

53.4%

Male

46.6%

Female

2.5%

Foreign-Born

White 91.0%
African American 0.2%
Asian 0.5%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.7%
Hispanic or Latino 4.3%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$105,976

Median Household Income

+4% vs state

$46,235

Per Capita Income

6.9%

Poverty Rate

5.5%

Unemployment Rate

29.4 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 60.7%
Bachelor's Degree or Higher 37.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

2,042

Total Housing Units

1,962

Occupied Units

80

Vacant Units

2.53

Avg Household Size

Occupancy Type

Owner 79.8%
Renter 20.2%

$432,300

Median Home Value

-5% vs state

1985

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+4.5%

YoY Change (2024)

279

HPI Index (2000 = 100)

+179%

Total Change Since 2000

Home values in ZIP 02832 have increased 4.5% over the past year (2024). Since 2000, this ZIP has seen +179% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.0% 194
2021 +11.5% 216
2022 +10.9% 240
2023 +11.1% 267
2024 +4.5% 279

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 88 business establishments in ZIP 02832, employing approximately 553 people with a combined annual payroll of $26,538,000.

88

Businesses

553

Employees

$26.5M

Annual Payroll

10

Industry Sectors

Industry Establishments % of Total
Construction 24 27.3%
Retail trade 10 11.4%
Other services (except public administration) 10 11.4%
Health care and social assistance 9 10.2%
Administrative and support and waste management and remediation services 8 9.1%
Accommodation and food services 6 6.8%
Manufacturing 5 5.7%
Arts, entertainment, and recreation 5 5.7%
Wholesale trade 3 3.4%
Professional, scientific, and technical services 3 3.4%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 02832 vs 02898 →

ZIP Code City Population Distance
02898 Wyoming, RI 1,696 2.6 mi
02873 Rockville, RI 235 3.0 mi
02833 Hopkinton, RI 784 3.1 mi
02894 Wood River Junction, RI 722 4.4 mi
02812 Carolina, RI 1,497 4.3 mi
02808 Bradford, RI 2,401 7.0 mi
02804 Ashaway, RI 2,607 5.8 mi
02875 Shannock, RI 307 5.8 mi
02892 West Kingston, RI 4,988 6.7 mi
02822 Exeter, RI 6,111 6.3 mi

More ZIP Codes in Washington County

Frequently Asked Questions

What county is ZIP code 02832 in?
ZIP code 02832 (Hope Valley) is located in Washington County, Rhode Island. Washington County contains multiple ZIP codes, see the full list at /counties/washington-ri.
What is the population of ZIP code 02832?
ZIP code 02832 in Hope Valley, RI has a population of 4,608 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02832?
The median household income in ZIP 02832 is $105,976, which is 39% above the national average of $76,288.
What is the average home value in ZIP 02832?
The median home value in ZIP 02832 is $432,300, which is 55% above the national average of $278,155.
What is the demographic makeup of ZIP 02832?
The largest racial group in ZIP 02832 is White at 91.0%. Hispanic or Latino residents make up 4.3% of the population.
How many businesses are in ZIP code 02832?
ZIP code 02832 has 88 business establishments employing approximately 553 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02832?
The top industries by establishment count in ZIP 02832 are: Construction (24), Retail trade (10), Other services (except public administration) (10). There are 10 industry sectors represented in total.
How have home values changed in ZIP code 02832?
According to the FHFA House Price Index, home values in ZIP 02832 increased by 4.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 179%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 02832?
In ZIP code 02832, 60.7% of residents aged 25+ have a high school diploma or higher, and 37.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 02832?
The mean commute time for workers in ZIP code 02832 is 29.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 02832?
In ZIP code 02832, approximately 79.8% of occupied housing units are owner-occupied and 20.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02832?
The poverty rate in ZIP code 02832 is 6.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Hope Valley, RI

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.