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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: 2012

Typical monthly housing payment* for a $167,000 house $1,340
Household income required to afford a $167,000 house $53,588
Average monthly rent for a two-bedroom apartment $1,157
Household income required for that rent to be affordable $46,280
Average private-sector wage for jobs in Cranston $41,548
Foreclosures in Cranston  
Actual number of foreclosures 152
Total number of mortgaged housing units 14,355
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 1,778
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 204
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 1,516