So which is better Hipster or Hippie?
Hippie.
Does either group have a tendency toward violence?
No more than the American aggregate.
What are the literacy rates for each group?
Around 91% for both.
Do neighborhoods populated with either group have a rise or decline in home values?
Rise with hipsters (gentrification). Decline with hippies (geodesic domes, greenhouses, lack of maintenance, non-running VWs and Volvos, sad looking dogs, a really fat cat named Eleanor Rigby).