Woonsocket, RI
Maps & Population Facts
Population
41,508
Population Density
5,358
Labor Participaton
60.0%
Bachelor's or Higher
15.3%
Median Household Income
$38,340
Median Individual Income
$31,196
Median Individual Income(Full-time Workers Only)
$41,263
Housing Estimates
Median House Value
$158,500
Median Gross Rent
$848
Median Mortgage Payment
$1,626
Housing Units
19,493
People who reside in Woonsocket live in:
Detached - Single Family Homes
26%
Apt, Condo, Other
74%
Analysis
Income
Households in Woonsocket earn signifcantly less money than the national median income, averaging 36% less per household.
Housing
Woonsocket has a median house price of $158,500. The cost of owning a home in Woonsocket is less than most areas. The cost of renting in Woonsocket is 16% less than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 39% |
| New Construction (Built after 2000) | 3% |
Demographics
The median age in Woonsocket is 38. The age of the general population in Woonsocket is comparable with with the national average.
Woonsocket ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
| Woonsocket | Rhode Island | USA | |
| Median Property Value | 158,500 | 257,800 | 217,600 |
| Median Mortgage Payment | 1,626 | 1,782 | 1,513 |
| Median Gross Rent | 848 | 941 | 1,012 |
| Property Vacancy | 12.5% | 12.7% | 12.6% |
| % Renters | 63% | 39% | 36% |
| Residents per Sq. Mi. | 5,358 | 1,023 | 93 |
Personal Comparison
| Woonsocket | Rhode Island | USA | |
| Median Household Income | 38,340 | 63,870 | 60,336 |
| Median Individual Income | 31,196 | 36,278 | 33,646 |
| Median Income (Full-Time) | 41,263 | 51,286 | 46,881 |
| Median Age | 37.8 | 39.5 | 38.1 |
| Labor Participation | 60.0% | 64.1% | 62.8% |
| Attained College Degree | 15.3% | 33.4% | 32.0% |
Population Density Analysis
Woonsocket, RI
5,358
Residents per Sq. Mile
The population density of Woonsocket is comparable to that of a Mid-Sized City.
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 +