Charlestown, RI
Maps & Population Facts
Population
7,762
Population Density
213
Labor Participaton
65.8%
Bachelor's or Higher
37.6%
Median Household Income
$72,648
Median Individual Income
$35,215
Median Individual Income(Full-time Workers Only)
$47,031
Housing Estimates
Median House Value
$305,900
Median Gross Rent
$1,141
Median Mortgage Payment
$1,830
Housing Units
5,187
People who reside in Charlestown live in:
Detached - Single Family Homes
84%
Apt, Condo, Other
16%
Analysis
Income
Households in Charlestown earn more money than the national median income, averaging 20% higher per household.
Housing
Charlestown has a median house price of $305,900. The cost of homeownership is higher than most areas. The cost of renting in Charlestown is 13% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 39% |
| New Construction (Built after 2000) | 12% |
Demographics
The median age in Charlestown is 48. Charlestown has a population that is significantly older than in comparison to the US median age.
Charlestown ranks better than average for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
| Charlestown | Rhode Island | USA | |
| Median Property Value | 305,900 | 257,800 | 217,600 |
| Median Mortgage Payment | 1,830 | 1,782 | 1,513 |
| Median Gross Rent | 1,141 | 941 | 1,012 |
| Property Vacancy | 36.9% | 12.7% | 12.6% |
| % Renters | 16% | 39% | 36% |
| Residents per Sq. Mi. | 213 | 1,023 | 93 |
Personal Comparison
| Charlestown | Rhode Island | USA | |
| Median Household Income | 72,648 | 63,870 | 60,336 |
| Median Individual Income | 35,215 | 36,278 | 33,646 |
| Median Income (Full-Time) | 47,031 | 51,286 | 46,881 |
| Median Age | 47.9 | 39.5 | 38.1 |
| Labor Participation | 65.8% | 64.1% | 62.8% |
| Attained College Degree | 37.6% | 33.4% | 32.0% |
Population Density Analysis
Charlestown, RI
213
Residents per Sq. Mile
The population density of Charlestown is comparable to that of a Rural Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +