Housing Affordability in Rhode Island

$459,000
Median Home Value
$84,972
Median Household Income
110.2
Cost of Living Index

Historical data

Coming soon

Long-run charts for this indicator are on the way.

Compared to the United States

IndicatorRhode IslandUnited States
Home value to income ratio5.44.7

National ranking

Rhode Island ranks #17 of 35 states by home value-to-income ratio.

#1Oklahoma2.9
#2Illinois3.1
#3Ohio3.2
#4Indiana3.3
#5Michigan3.4
#6Pennsylvania3.5
#7Missouri3.5
#8Wisconsin3.6
#9Minnesota3.7
#10Virginia4.2
#11Georgia4.4
#12North Carolina4.5
#13Delaware4.6
#14Tennessee4.6
#15New Jersey4.9
#16Utah5.3
#17Rhode Island5.4
#18Maine5.4
#19New York5.5
#20Arizona5.6
#21Nevada5.9
#22Colorado5.9
#23Massachusetts6
#24Oregon6.1
#25Washington6.1
#26Montana6.4
#27Wyoming12
#28New Mexico18
#29Vermont30
#30New Hampshire78
#31Texas84
#32South Dakota88
#33Florida105
#34Louisiana$4,700
#35Kentucky$186,000

Overview

Rhode Island housing affordability has worsened as home prices rose faster than the state's median household income of $84,972.

Did you know?

  • Rhode Island's housing cost index of 127 is well above the national baseline of 100.

Related data