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Rhode Island Housing

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As of 2010, median price of a house in Rhode Island is $254,500, which is higher than the national average of $179,900. The Rhode Island median house value has grown by 91.35% since 2000. The growth rate for the price of a house in Rhode Island is much higher than the national average rate of 50.42%. The median year that a house in Rhode Island was built is 1956, which is older than the median year for a house built in the USA which is 1975.

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 244,516 Owner Occupied Houses in Rhode Island, #10

Rhode Island	254,500 USD
U.S.	179,900 USD

Median House Price Growth Since 2000, #8

Rhode Island	91.35%
U.S.	50.42%

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

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

Housing Occupancy

	Rhode Island	%	U.S.
Total Housing Units	463,388, see rank	100%	131,704,730
Occupied Housing Units	413,600	89.26%, see rank	88.62%
Owner Occupied	250,952	54.16%, see rank	57.69%
Renter Occupied	162,648	35.10%, see rank	30.93%
Vacant Housing Units	49,788	10.74%, see rank	11.38%
For Rent	15,763	3.40%, see rank	3.14%
For Sale Only	5,171	1.12%, see rank	1.44%
Rented or Sold, Not Occupied	1,946	0.42%, see rank	0.48%
For Seasonal, Recreational, or Occasional Use	17,077	3.69%, see rank	3.53%
For Migrant Workers	12	0.00%, see rank	0.02%
Other Vacant	9,819	2.12%, see rank	2.77%

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

Year Structure Built

Median Built Year, #49

Rhode Island	U.S.
1956	1975

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

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

Mortgage Status

	Rhode Island	%	U.S.
Owner-Occupied Units	244,516	100%	74,873,372
With a Mortgage	178,372	72.95%, see rank	67.23%
Without a Mortgage	66,144	27.05%, see rank	32.77%

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

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Rhode Island	1,837 USD
U.S.	1,496 USD

Owner Costs Distribution

Monthly Owner Costs	Rhode Island	%	U.S.
$299 or Less	0	0.00%, see rank	0.20%
$300 to $499	395	0.22%, see rank	1.85%
$500 to $699	2,968	1.66%, see rank	5.47%
$700 to $999	10,468	5.87%, see rank	14.91%
$1,000 to $1,499	38,877	21.80%, see rank	27.80%
$1,500 to $1,999	51,804	29.04%, see rank	19.99%
$2,000 to $2,999	54,906	30.78%, see rank	19.07%
$3,000 or More	18,954	10.63%, see rank	10.70%

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

Rhode Island	27.70% of the Total Income
U.S.	25.10% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Rhode Island	%	U.S.
10% or Less	5,486	3.08%, see rank	4.75%
10% to 20%	41,714	23.39%, see rank	28.79%
20% to 30%	52,973	29.70%, see rank	28.13%
30% to 40%	28,861	16.18%, see rank	15.08%
40% or More	48,689	27.30%, see rank	22.74%

*Based on 2010 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	647 USD
U.S.	431 USD

Owner Costs Distribution

Monthly Owner Costs	Rhode Island	%	U.S.
$199 or Less	684	1.03%, see rank	8.72%
$200 to $299	2,118	3.20%, see rank	16.53%
$300 to $499	13,778	20.83%, see rank	36.04%
$500 to $699	22,075	33.37%, see rank	20.06%
$700 or More	27,489	41.56%, see rank	18.66%

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

Rhode Island	15.40% of the Total Income
U.S.	12.80% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Rhode Island	%	U.S.
10% or Less	18,447	27.89%, see rank	38.30%
10% to 20%	20,590	31.13%, see rank	32.35%
20% to 30%	10,679	16.15%, see rank	12.77%
30% to 40%	5,892	8.91%, see rank	5.93%
40% or More	9,335	14.11%, see rank	9.43%

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

Units in Structure

	Rhode Island	%	U.S.
Total Housing Units	463,416	100%	131,791,065
1-unit, Detached	252,187	54.42%, see rank	61.43%
1-unit, Attached	13,807	2.98%, see rank	5.81%
2 Units	54,673	11.80%, see rank	3.83%
3 or 4 Units	60,606	13.08%, see rank	4.44%
5 to 9 Units	26,224	5.66%, see rank	4.81%
10 or More Units	52,190	11.26%, see rank	13.04%
Mobile Home, Boat, RV, Van, etc.	3,729	0.80%, see rank	6.64%

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

Rooms

	Rhode Island	%	U.S.
Total Housing Units	463,416	100%	131,791,065
1 Room	10,345	2.23%, see rank	1.97%
2 Rooms	14,715	3.18%, see rank	2.39%
3 Rooms	45,904	9.91%, see rank	9.11%
4 Rooms	86,219	18.61%, see rank	16.75%
5 Rooms	96,210	20.76%, see rank	20.45%
6 Rooms	81,907	17.67%, see rank	18.25%
7 Rooms	54,360	11.73%, see rank	12.30%
8 Rooms	34,450	7.43%, see rank	8.51%
9 Rooms or More	39,306	8.48%, see rank	10.29%
Median Rooms	5.30, see rank	-	5.50

*Based on 2010 data. View historical rooms data.

Bedrooms

	Rhode Island	%	U.S.
Total Housing Units	463,416	100%	131,791,065
No Bedroom	11,405	2.46%, see rank	2.18%
1 Bedroom	67,710	14.61%, see rank	11.25%
2 Bedrooms	141,107	30.45%, see rank	26.95%
3 Bedrooms	170,312	36.75%, see rank	39.67%
4 Bedrooms	57,418	12.39%, see rank	15.80%
5 or More Bedrooms	15,464	3.34%, see rank	4.14%

*Based on 2010 data. View historical bedrooms data.

House Heating Fuel

	Rhode Island	%	U.S.
Total Housing Units	402,295	100%	114,567,419
Utility Gas	197,703	49.14%, see rank	49.48%
Bottled, Tank, or LP Gas	7,793	1.94%, see rank	5.04%
Electricity	35,706	8.88%, see rank	35.42%
Fuel Oil, Kerosene, etc.	151,847	37.75%, see rank	6.45%
Coal or Coke	125	0.03%, see rank	0.12%
Wood	7,084	1.76%, see rank	2.08%
Solar Energy	0	0.00%, see rank	0.04%
Other Fuel	814	0.20%, see rank	0.45%
No Fuel Used	1,223	0.30%, see rank	0.92%

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

Gross Rent

Monthly Rental	Rhode Island	%	U.S.
Occupied Units Paying Rent	150,933	100%	37,521,157
$199 or Less	4,049	2.68%, see rank	1.98%
$200 to $299	12,041	7.98%, see rank	3.31%
$300 to $499	12,332	8.17%, see rank	9.08%
$500 to $699	17,398	11.53%, see rank	19.05%
$700 to $999	53,387	35.37%, see rank	29.93%
$1,000 to $1,499	37,762	25.02%, see rank	24.18%
$1,500 to $1,999	8,969	5.94%, see rank	8.01%
$2,000 or More	4,995	3.31%, see rank	4.46%
Median	$868, see rank	-	$855

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

Vehicle Available

	Rhode Island	%	U.S.
Occupied Housing Units	402,295	100%	114,567,419
No Vehicles Available	40,876	10.16%, see rank	9.08%
1 Vehicles Available	146,864	36.51%, see rank	33.82%
2 Vehicles Available	144,828	36.00%, see rank	37.58%
3 or More Vehicles Available	69,727	17.33%, see rank	19.53%

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