Washington County

Business and Economy in Hope Valley, RI

Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Hope Valley , RI, is $69,408, and check out the following articles to get an inside look at its key industries and job opportunities.

Employment Overview

While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Hope Valley ’s economy.

Employment Rate in Washington County, RI

  Employed 95.9%
  Unemployed 4.1%

Occupations in Hope Valley , RI

Employment in Hope Valley , RI

Employment Armed Forces 0%
Employment Civilian Labor Force 77.4%
Employment Not in Labor Force 22.6%
Employment Total in Labor Force 77.4%

Industry in Hope Valley , RI

Agriculture, Forestry, Fishing and Hunting and Mining 1.2%
Construction 6.9%
Manufacturing 15.9%
Wholesale Trade 1.6%
Retail Trade 7.6%
Transportation and Warehousing, and Utilities 13.3%
Information 0%
Finance and Insurance, and Real Estate and Rental and Leasing 6.1%
Professional, Scientific and Management and Administrative and Waste 4.8%
Educational Services and Health Care and Social Assistance 27.3%
Arts, Entertainment and recreation and Accommodation and food Services 12.5%
Other Services, Except Public Administration 2.7%
Public Administration 0%