New Shoreham

The facts:

• *****$800,000:  Price of the median single-family home sold last year
• $6,297:  Typical monthly payment for that house (including principal, interest, taxes and insurance)
• $251,862:  The income you need to afford that house
• *$1,172:  Average rent for a 2-bedroom apartment
• $46,880:  The income you need to afford that apartment
• $28,582:  Average annual wage in New Shoreham***
• 90:  Households in New Shoreham paying more than half their income for housing
• 36 (7.24%):  Housing units that qualify as affordable

Click here for footnotes.

*****The only single-family house sale listed by the Statewide Multiple Listing Service between 2003 and 2006 was for $800,000.

What's Happening in Rhode Island

In the News

Gallery of Affordable Homes

Question 9 Passed: What Now?

Meetings and Events Calendar