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Deer Brook Estates developed by Deer Brook Development Corporation. Funded in part through BHRI.

Exeter at a Glance:

Exeter is a town in Washington County, Rhode Island. It extends east from the Connecticut border to the town of North Kingstown. It is bordered to the north by West Greenwich and East Greenwich, and to the south by Hopkinton, Richmond and South Kingstown. The town has a total area of 58.4 square miles, of which 0.7 square miles is water. Exeter's governmental structure is made up of a five member elected Town Council.

Housing Facts: 2012

Typical monthly housing payment* for a $279,000 house $1,974
Household income required to afford a $279,000 house $78,977
Average monthly rent for a two-bedroom apartment $1,176
Household income required for that rent to be affordable $47,040
Average private-sector wage for jobs in Exeter $39,780
Foreclosures in Exeter  
Actual number of foreclosures 9
Total number of mortgaged housing units 1,609
Foreclosures as a percentage of mortgaged stock 0.60%
Housing Units in Exeter  
Number of year-round housing units 2,453
Housing units that quality as affordable 57
Affordable housing units reserved for the elderly 0
Affordable housing units reserved for families 33
Affordable housing units reserved for persons with special needs 24
Homes funded through Building Homes Rhode Island 25
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 188