Narragansett, RI
Maps & Population Facts
Population
15,601
Population Density
1,125
Labor Participaton
56.6%
Bachelor's or Higher
58.2%
Median Household Income
$69,332
Median Individual Income
$31,131
Median Individual Income(Full-time Workers Only)
$72,883
Housing Estimates
Median House Value
$393,400
Median Gross Rent
$1,297
Median Mortgage Payment
$2,010
Housing Units
9,962
People who reside in Narragansett live in:
Detached - Single Family Homes
82%
Apt, Condo, Other
18%
Analysis
Income
Households in Narragansett earn more money than the national median income, averaging 15% higher per household.
Housing
Narragansett has a median house price of $393,400. The cost of homeownership is higher than most areas. The cost of renting in Narragansett is 28% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 39% |
| New Construction (Built after 2000) | 15% |
Demographics
The median age in Narragansett is 44. Narragansett has a population that is significantly older than in comparison to the US median age.
Narragansett ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
| Narragansett | Rhode Island | USA | |
| Median Property Value | 393,400 | 257,800 | 217,600 |
| Median Mortgage Payment | 2,010 | 1,782 | 1,513 |
| Median Gross Rent | 1,297 | 941 | 1,012 |
| Property Vacancy | 32.4% | 12.7% | 12.6% |
| % Renters | 33% | 39% | 36% |
| Residents per Sq. Mi. | 1,125 | 1,023 | 93 |
Personal Comparison
| Narragansett | Rhode Island | USA | |
| Median Household Income | 69,332 | 63,870 | 60,336 |
| Median Individual Income | 31,131 | 36,278 | 33,646 |
| Median Income (Full-Time) | 72,883 | 51,286 | 46,881 |
| Median Age | 43.7 | 39.5 | 38.1 |
| Labor Participation | 56.6% | 64.1% | 62.8% |
| Attained College Degree | 58.2% | 33.4% | 32.0% |
Population Density Analysis
Narragansett, RI
1,125
Residents per Sq. Mile
The population density of Narragansett is comparable to that of a Suburban 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 +