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Paradise Valley Park

Middletown at a Glance:

The town of Middletown was incorporated in 1743. It is located in Newport County, Rhode Island. It covers 14.9 square miles, of which 2.0 square miles is water. Middletown's governmental structure is composed of a seven-member Town Council and a Town Administrator.

Housing Facts: 2012

Typical monthly housing payment* for a $279,000 house $1,998
Household income required to afford a $279,000 house $79,926
Average monthly rent for a two-bedroom apartment $1,322
Household income required for that rent to be affordable $52,880
Average private-sector wage for jobs in Middletown $46,904
Foreclosures in Middletown  
Actual number of foreclosures 5
Total number of mortgaged housing units 2,381
Foreclosures as a percentage of mortgaged stock 0.20%
Housing Units in Middletown  
Number of year-round housing units 6,874
Housing units that quality as affordable 567
Affordable housing units reserved for the elderly 99
Affordable housing units reserved for families 367
Affordable housing units reserved for persons with special needs 101
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 120