Cranston at a Glance:
The city of Cranston, once known as Pawtuxet, is located in Providence County. Cranston was incorporated as a town in 1754, and then as a city in 1910. As of the 2000 Census, Cranston was the third largest city in Rhode Island. It covers 29.9 square miles, 1.4 square miles of which are water. Cranston's governmental structure is composed of a City Council comprised of six wards and three city-wide councilors and a Mayor. In 2006, Money Magazine named Cranston as on of the "100 Best Places to Live" in the United States.
Housing Facts: 2011
| Typical monthly housing payment* for a $172,900 house |
$1,424 |
| Household income required to afford a $172,900 house |
$56,956 |
| Average monthly rent for a two-bedroom apartment |
$1,094 |
| Household income required for that rent to be affordable |
$43,760 |
| Average private-sector wage for jobs in Cranston |
$40,976 |
| Foreclosures in Cranston |
|
| Actual number of foreclosures |
162 |
| Total number of mortgaged housing units |
14,703 |
| Foreclosures as a percentage of mortgaged stock |
1.10% |
| Housing Units in Cranston |
|
| Number of year-round housing units |
32,935 |
| Housing units that quality as affordable |
1,781 |
| Affordable housing units reserved for the elderly |
1,345 |
| Affordable housing units reserved for families |
229 |
| Affordable housing units reserved for persons with special needs |
207 |
| Homes funded through Building Homes Rhode Island |
0 |
| How much housing is needed? |
|
| Additional housing units necessary to meet the 10% threshold established by the State's Low and Moderate Income Housing Act of 2004 |
1,513 |
