Over one-third (148,766) of all Rhode Island households pay more than 30% of their income toward housing costs.
There is no municipality in the state where a household earning the median homeowner income of $115,286 can buy a home affordably.
The state's median single-family home price for 2025 was $499,900, which would require an estimated monthly housing payment of $4,085 and an annual income of $163,408.
Of the top 20 occupations considered the 'Fastest Growing Occupations,' 78 percent (over 55,000 jobs) do not pay enough to afford a two-bedroom apartment at fair market rate.
In five years, the median single-family household cost statewide has increased by 26%.
