Rhode Island

Hope Valley

Census-designated place Hope Valley is a census-designated place in Rhode Island, in Washington County. A census-designated place is an unincorporated community that the Census Bureau defines for statistics; it has no city government of its own.

The median owner-occupied home in Hope Valley had a real-estate tax bill of $6,354 (± $706) a year, compared with $4,854 in Rhode Island and $2,969 nationwide. The median home value was $424,100 (± $32,636), compared with $368,800 in Rhode Island and $303,400 nationwide.

U.S. Census Bureau estimates for Hope Valley, Rhode Island and the United States, with margins of error
MeasureHope ValleyRhode IslandUnited States
Population 2,147 ± 565 1,095,371 332,387,540
Median annual property tax bill (homeowners) $6,354 ± $706 $4,854 ± $37 $2,969 ± $3
Median home value $424,100 ± $32,636 $368,800 ± $2,560 $303,400 ± $362
Median household income $98,481 ± $13,474 $86,372 ± $1,274 $78,538 ± $176
Property tax as a share of home value (calculated) 1.50% ± 0.20 points 1.32% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 81.3% ± 13.6 points 63.3% ± 0.6 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older Too imprecise to report (estimate 43.0%, margin of error ± 24.0 points) 32.5% ± 0.5 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs 23.1% ± 8.1 pointsrough guide only: the margin of error is 35% of the estimate 25.7% ± 0.8 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Rhode Island

How it works. Municipal tax sale/tax deed followed by Superior Court foreclosure of right of redemption; city/town-held titles and private purchasers have related paths

Excess sale money. §44-9-37 expressly protects surplus from a municipal 'sale without foreclosure': balance over taxes/interest/charges/expenses is held for person entitled for 5 years, then goes to municipality. A general post-foreclosure former-owner equity-payment mechanism comparable to newer Tyler reforms was not verified in current Chapter 44-9 and remains an open legal-research field

These rules are set by Rhode Island, not by Hope Valley, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Rhode Island entry with statute links.

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