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Providence is a great place to live.
TOTAL POPULATION 179,472
TOTAL HOUSEHOLDS 64,190
38% OWN
62% RENT
Several speakers at HousingWorks RI’s forum on gentrification on Friday said they don’t need an academic study to tell them that many longtime city residents are getting priced out of the housing market.
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MEDIAN HOME PRICE $300,000
$87,996 Income needed to afford this
35% Cost burdened homeowners
AVE. 2-BEDROOM RENT $1,846/mo.
$73,840 Income needed to afford this
47% Cost burdened renters
1636
Providence, Rhode Island was founded in 1636 by Roger Williams.
A household is cost burdened if it spends more than 30% of its income on housing costs.
The state's website offers information about each of Rhode Island's 39 municipalities. To get to know Providence, click here.
Interested in learning about Providence’s vision for the future? Check out the city's comprehensive plan here.
To learn more about the opportunities and services in the City of Providence, visit the following sources:
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