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Providence is a great place to live.
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$190,000
$60,147Income needed to afford this
38%Cost burdened homeowners
AVE. 2-BEDROOM RENT$1,760/mo.
$70,400Income needed to afford this
54%Cost burdened renters
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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One Empire Plaza
Providence, RI 02903
A project of HousingWorks RI