Rhode Island
Maps & Population Facts
Housing Estimates
Rhode Island is the smallest state in the United States with a land area of only 1,034 square miles. The state is the second most densely populated after New Jersey.
Rhode Island employs a higher percentage of individuals in the leisure and hospitality industry compared to most states, about 11% of the total workforce. Rhode Island's beaches and the city of Newport bring in millions of tourists each year. The state also has numerous higher educational institutions, including Brown University.
Income
Households in the state of Rhode Island earn more money than the national median income, averaging 6% higher per household.
Housing
Rhode Island has a median house price of $257,800. The cost of homeownership is slightly higher than most states. The cost of renting in Rhode Island is 7% less than the national average.
| Percent | Ranking | |
|---|---|---|
| Renter Occupied Households | 39% | 5th |
| New Construction (Built after 2000) | 8% | 50th |
Demographics
The median age in the state is 40. The age of the general population in Rhode Island is comparable with other US states.
Rhode Island ranks better than average for having an educated population. The state has more college graduates per resident than most states.
Housing Data
| Rhode Island | USA | |
| Median Property Value | 257,800 | 217,600 |
| Median Mortgage Payment | 1,782 | 1,513 |
| Median Gross Rent | 941 | 1,012 |
| Property Vacancy | 12.7% | 12.6% |
| % Renters | 39% | 36% |
| Residents per Sq. Mi. | 1,023 | 93 |
| Rhode Island | USA | |
| Median Household Income | 63,870 | 60,336 |
| Median Individual Income | 36,278 | 33,646 |
| Median Income (Full-Time) | 51,286 | 46,881 |
| Median Age | 39.5 | 38.1 |
| Labor Participation | 64.1% | 62.8% |
| Attained College Degree | 33.4% | 32.0% |
Population Density Analysis
Demographics
Most Populated Cities
| 1. | Providence | 179,509 |
| 2. | Warwick | 81,218 |
| 3. | Cranston | 80,979 |
| 4. | Pawtucket | 71,770 |
| 5. | East Providence | 47,425 |
Highest Household Income
| 1. | Barrington | 117,408 |
| 2. | East Greenwich | 108,828 |
| 3. | Jamestown | 105,201 |
| 4. | West Greenwich | 103,110 |
| 5. | Richmond | 98,234 |
Highest Home Value
| 1. | New Shoreham | 1,104,200 |
| 2. | Jamestown | 582,100 |
| 3. | Little Compton | 511,200 |
| 4. | East Greenwich | 424,600 |
| 5. | Newport | 405,700 |
Highest Gross Rent
| 1. | Jamestown | 1,761 |
| 2. | West Greenwich | 1,688 |
| 3. | Barrington | 1,407 |
| 4. | Narragansett | 1,297 |
| 5. | Portsmouth | 1,270 |