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Area data

Hope, RI — ZIP 02831

Population: 3,483 (Census ACS)

The typical home value in ZIP 02831 (Hope, RI) is $581,011 — up 2.8% over the past year. Homes sell for a median $627,500 after a median 30 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with cold wave, heat wave, ice storm the top-rated hazards. Cost of living is 2.3% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$581,011

Typical home value

+2.8%

1-year change

30

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Typical home value
$581,011
1-year appreciation
+2.8%
3-year appreciation
+10.3%
5-year appreciation
+27.4%
10-year appreciation
+88.4%
Peak value since 2000 (Aug 2026)
$581,011
House Price Index (state)
447.4 (+4.6% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$627,500
Median list price
$650,000
Median price per sqft
$304
1-year sale-price change
+9.1%
Median days on market
30 days
Homes sold (recent period)
14
For-sale inventory
12
Sale-to-list ratio
102.2%
Active listings
9
1-year forecast
+2.5%
New listings (monthly)
4

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,423/mo
1BR fair-market rent
$1,509/mo
2BR fair-market rent
$1,879/mo
3BR fair-market rent
$2,302/mo
4BR fair-market rent
$2,615/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
102.3 (100 = US avg)
Electricity rate (state-level)
29.5¢/kWh
Natural gas rate (state-level)
$21.70/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Avg student-teacher ratio
10.2 : 1
Schools include
Hope School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
cold wave, heat wave, ice storm, inland flooding, lightning
Notable hazard ratings (county)
cold wave: Relatively High · heat wave: Relatively High · ice storm: Relatively High · lightning: Relatively High · inland flooding: Relatively High · hail: Relatively Moderate
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
32
Wildfire risk to homes (county)
Higher than 18% of US counties
Buildings in wildfire direct-exposure zone
16.9%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Central Landfill (5 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
60.0°F
Average low
40.0°F
Annual precipitation
52.0 in
Annual snowfall
34.5 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
39
Days with Good air quality
268
Days with Moderate air quality
96
Days with Unhealthy air quality
1
Highest AQI recorded (year)
196

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
3.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
32,481
Jobs reachable by transit (45 min)
35,416

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
15
Nearest national park
Roger Williams National Memorial (12 mi)
National parks include
Roger Williams National Memorial, Blackstone River Valley National Historical Park, Touro Synagogue National Historic Site
Airports within 30 mi
27
Nearest airport
Riconn Airport (10 mi)
Nearest major airport
Rhode Island T. F. Green International Airport (PVD) (11 mi)
Hospitals in or near this ZIP
66
Hospitals include
DAY KIMBALL HOSPITAL, LAWRENCE & MEMORIAL HOSPITAL, JOHNSON MEMORIAL HOSPITAL
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,506 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1965
Housing built before 1970
54.5%
Housing built 2000 or later
10.6%
Median annual property tax
$4,985
Mean commute to work
27 min
Households with broadband internet
89.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
255,333
Average weekly wage
$1,347
Top industries (by employment)
Health Care, Accommodation & Food, Finance & Insurance
Annual residential building permits (county)
1,028

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 02831State medianUS median
Typical home value$581,011$513,245$288,527
Median sale price$627,500$551,000$325,000
Median days on market30 days34 days51 days
Median annual property tax$4,985$4,962$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 02831?
$581,011.
What is the median sale price in ZIP 02831?
$627,500.
How long do homes take to sell in ZIP 02831?
Median days on market: 30 days.
What is typical rent in ZIP 02831?
2-bedroom fair-market rent: $1,879/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 02831?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: cold wave, heat wave, ice storm, inland flooding, lightning.
Is ZIP 02831 in a flood zone?
Flood zones vary by property within ZIP 02831. 32 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in ZIP 02831?
Risk to homes is higher than 18% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 02831?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 02831?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Central Landfill, 5 mi.
How many schools serve ZIP 02831?
1 schools (1 elementary) (NCES, 2024-25).
Is ZIP 02831 walkable?
Walkability index: 3.8/20 (EPA Smart Location Database).
What is the air quality in ZIP 02831?
Good. Median AQI: 39. (EPA AQI).
What is the cost of living in ZIP 02831?
Regional Price Parity: 102.3 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents