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Rhode Island Housing

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As of 2010-2014, median price of a house in Rhode Island is $241,200, which is higher than the national average of $175,700. The Rhode Island median house value has grown by 81.35% since 2000. The growth rate for the price of a house in Rhode Island is higher than the national average rate of 46.91%. The median year that a house in Rhode Island was built is 1958, which is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 246,829 Owner Occupied Houses in Rhode Island, #12

Rhode Island	241,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #11

Rhode Island	81.35%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Rhode Island	%	U.S.
Total Housing Units	462,930, see rank	100%	132,741,033
Occupied Housing Units	409,569	88.47%, see rank	87.55%
Owner Occupied	246,829	53.32%, see rank	56.34%
Renter Occupied	162,740	35.15%, see rank	31.21%
Vacant Housing Units	53,361	11.53%, see rank	12.45%
For Rent	11,897	2.57%, see rank	2.34%
For Sale Only	4,820	1.04%, see rank	1.20%
Rented or Sold, Not Occupied	3,238	0.70%, see rank	0.92%
For Seasonal, Recreational, or Occasional Use	18,049	3.90%, see rank	3.97%
For Migrant Workers	61	0.01%, see rank	0.03%
Other Vacant	15,296	3.30%, see rank	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #49

Rhode Island	U.S.
1958	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Rhode Island	%	U.S.
Owner-Occupied Units	246,829	100%	74,787,460
With a Mortgage	174,730	70.79%, see rank	65.58%
Without a Mortgage	72,099	29.21%, see rank	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Rhode Island	1,867 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Rhode Island	%	U.S.
$299 or Less	317	0.18%, see rank	0.20%
$300 to $499	1,235	0.71%, see rank	1.59%
$500 to $699	2,715	1.55%, see rank	5.01%
$700 to $999	9,589	5.49%, see rank	14.32%
$1,000 to $1,499	36,959	21.15%, see rank	27.90%
$1,500 to $1,999	49,570	28.37%, see rank	20.35%
$2,000 to $2,999	54,483	31.18%, see rank	19.52%
$3,000 or More	19,862	11.37%, see rank	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Rhode Island	25.80% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Rhode Island	%	U.S.
10% or Less	8,440	4.83%, see rank	5.86%
10% to 20%	46,580	26.66%, see rank	31.95%
20% to 30%	51,478	29.46%, see rank	27.64%
30% to 40%	27,017	15.46%, see rank	13.74%
40% or More	40,638	23.26%, see rank	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Rhode Island	679 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Rhode Island	%	U.S.
$199 or Less	935	1.30%, see rank	7.76%
$200 to $299	1,841	2.55%, see rank	14.70%
$300 to $499	11,859	16.45%, see rank	34.63%
$500 to $699	24,027	33.33%, see rank	21.16%
$700 or More	33,437	46.38%, see rank	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Rhode Island	15.60% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Rhode Island	%	U.S.
10% or Less	19,742	27.38%, see rank	40.19%
10% to 20%	24,570	34.08%, see rank	31.47%
20% to 30%	11,227	15.57%, see rank	12.24%
30% to 40%	5,707	7.92%, see rank	5.64%
40% or More	9,898	13.73%, see rank	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Rhode Island	%	U.S.
Total Housing Units	462,930	100%	132,741,033
1-unit, Detached	254,413	54.96%, see rank	61.65%
1-unit, Attached	15,224	3.29%, see rank	5.82%
2 Units	53,040	11.46%, see rank	3.75%
3 or 4 Units	59,082	12.76%, see rank	4.43%
5 to 9 Units	23,358	5.05%, see rank	4.78%
10 or More Units	53,061	11.46%, see rank	13.08%
Mobile Home, Boat, RV, Van, etc.	4,752	1.03%, see rank	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Rhode Island	%	U.S.
Total Housing Units	462,930	100%	132,741,033
1 Room	10,030	2.17%, see rank	1.95%
2 Rooms	13,573	2.93%, see rank	2.48%
3 Rooms	45,940	9.92%, see rank	9.13%
4 Rooms	80,876	17.47%, see rank	16.60%
5 Rooms	97,719	21.11%, see rank	20.41%
6 Rooms	88,298	19.07%, see rank	18.06%
7 Rooms	52,505	11.34%, see rank	12.27%
8 Rooms	35,343	7.63%, see rank	8.48%
9 Rooms or More	38,646	8.35%, see rank	10.60%
Median Rooms	5.30, see rank	-	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Rhode Island	%	U.S.
Total Housing Units	462,930	100%	132,741,033
No Bedroom	10,659	2.30%, see rank	2.17%
1 Bedroom	65,597	14.17%, see rank	11.16%
2 Bedrooms	138,511	29.92%, see rank	26.69%
3 Bedrooms	177,046	38.24%, see rank	39.70%
4 Bedrooms	55,732	12.04%, see rank	16.05%
5 or More Bedrooms	15,385	3.32%, see rank	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Rhode Island	%	U.S.
Total Housing Units	409,569	100%	116,211,092
Utility Gas	209,409	51.13%, see rank	48.85%
Bottled, Tank, or LP Gas	9,590	2.34%, see rank	4.86%
Electricity	37,462	9.15%, see rank	36.68%
Fuel Oil, Kerosene, etc.	142,612	34.82%, see rank	5.86%
Coal or Coke	434	0.11%, see rank	0.12%
Wood	7,183	1.75%, see rank	2.12%
Solar Energy	96	0.02%, see rank	0.05%
Other Fuel	1,726	0.42%, see rank	0.47%
No Fuel Used	1,057	0.26%, see rank	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Rhode Island	%	U.S.
Occupied Units Paying Rent	157,088	100%	39,201,928
$199 or Less	3,568	2.27%, see rank	1.50%
$200 to $299	10,700	6.81%, see rank	3.18%
$300 to $499	11,807	7.52%, see rank	7.37%
$500 to $699	15,965	10.16%, see rank	16.01%
$700 to $999	50,677	32.26%, see rank	29.17%
$1,000 to $1,499	47,849	30.46%, see rank	26.88%
$1,500 to $1,999	11,671	7.43%, see rank	9.79%
$2,000 or More	4,851	3.09%, see rank	6.10%
Median	$923, see rank	-	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Rhode Island	%	U.S.
Occupied Housing Units	409,569	100%	116,211,092
No Vehicles Available	40,203	9.82%, see rank	9.12%
1 Vehicles Available	150,622	36.78%, see rank	33.80%
2 Vehicles Available	149,984	36.62%, see rank	37.48%
3 or More Vehicles Available	68,760	16.79%, see rank	19.61%

*Based on 2010-2014 data. View historical vehicle available data.