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Warwick at a Glance:
The city of Warwick is located in Kent County, Rhode Island. It is the second largest city in the state, with a population of 85,808 at the 2000 census. Warwick was founded as a town in 1642 by Samuel Gorton. It was then incorporated as a city in 1931.
According to the United States Census Bureau, the city has a total area of 49.6 square miles, of which 14.1 square miles is water.
The following villages are located in Warwick:
Apponaug
Arnold's Neck
Buttonwoods
Cedar Tree Point
Chepiwanoxet
Conimicut
Cowesett
Gaspee
Greenwood
Hillsgrove
Hoxsie
Knight
Lakewood
Nausauket
Norwood
Oakland Beach
Old Buttonwoods
Pawtuxet Village (also in Cranston)
Pontiac (also in Cranston)
Potowomut
Warwick Neck
Wildes Corner
Warwick's governmental structure is composed of a nine-member City Council and a Mayor.
Housing Facts: 2009
| Typical monthly housing payment* for a $168,000 house | $1,178 |
| Household income required to afford a $168,000 house | $47,113 |
| Average monthly rent for a two-bedroom apartment | $1,166 |
| Household income required for that rent to be affordable | $46,640 |
| Average private-sector wage for jobs in Warwick | $36,244 |
| Housing Units in Warwick | |
|---|---|
| Number of year-round housing units | 36,592 |
| Housing units that quality as affordable | 1,967 |
| Affordable housing units reserved for the elderly | 1,657 |
| Affordable housing units reserved for families | 139 |
| Affordable housing units reserved for persons with special needs | 171 |
| Homes funded through Building Homes Rhode Island | 6 |
| 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 | 1,692 |
*Calculated using a 30-year mortgage at 5.04% interest (2009 average rate) with a 5.75% down payment (which includes a 3.5% down payment and a 2.25% one-time mortgage insurance fee), property taxes (the state's average rate of $14.36 per $1,000 of the home's valuation), hazard insurance ($60/month), and monthly mortgage insurance (0.6%/month).