Providence, RI Housing
As of 2010-2014, median price of a house in Providence is $186,000, which is lower than the state average of $241,200 and is higher than the national average of $175,700. The Providence median house value has grown by 83.25% since 2000. The growth rate for the price of a house in Providence is about the same as the state average rate of 81.35% and is higher than the national average rate of 46.91%. The median year that a house in Providence was built is 1939, which is older than the median year for a house built in the state which is 1958 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 21,345 Owner Occupied Houses in Providence, RI, #30Providence, RI | 186,000 USD |
Rhode Island | 241,200 USD |
U.S. | 175,700 USD |
Providence, RI | 83.25% |
Rhode Island | 81.35% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Providence, RI | Rhode Island | U.S. | |
Total Housing Units | 71,147, see rank, 100% | 462,930 | 132,741,033 |
Occupied Housing Units | 60,967, 85.69%, see rank | 88.47% | 87.55% |
Owner Occupied | 21,345, 30.00%, see rank | 53.32% | 56.34% |
Renter Occupied | 39,622, 55.69%, see rank | 35.15% | 31.21% |
Vacant Housing Units | 10,180, 14.31%, see rank | 11.53% | 12.45% |
For Rent | 3,815, 5.36%, see rank | 2.57% | 2.34% |
For Sale Only | 680, 0.96%, see rank | 1.04% | 1.20% |
Rented or Sold, Not Occupied | 786, 1.10%, see rank | 0.70% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 437, 0.61%, see rank | 3.90% | 3.97% |
For Migrant Workers | 16, 0.02%, see rank | 0.01% | 0.03% |
Other Vacant | 4,446, 6.25%, see rank | 3.30% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #29Providence, RI | Rhode Island | U.S. |
1939 | 1958 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Providence, RI | % | Rhode Island | U.S. | |
Owner-Occupied Units | 21,345 | 100% | 246,829 | 74,787,460 |
With a Mortgage | 16,212 | 75.95%, see rank | 70.79% | 65.58% |
Without a Mortgage | 5,133 | 24.05%, see rank | 29.21% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Providence, RI | 1,695 USD |
Rhode Island | 1,867 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Providence, RI | % | Rhode Island | U.S. |
$299 or Less | 50 | 0.31%, see rank | 0.18% | 0.20% |
$300 to $499 | 185 | 1.14%, see rank | 0.71% | 1.59% |
$500 to $699 | 175 | 1.08%, see rank | 1.55% | 5.01% |
$700 to $999 | 923 | 5.69%, see rank | 5.49% | 14.32% |
$1,000 to $1,499 | 4,512 | 27.83%, see rank | 21.15% | 27.90% |
$1,500 to $1,999 | 5,097 | 31.44%, see rank | 28.37% | 20.35% |
$2,000 to $2,999 | 3,646 | 22.49%, see rank | 31.18% | 19.52% |
$3,000 or More | 1,624 | 10.02%, see rank | 11.37% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Providence, RI | 28.00% of the Total Income |
Rhode Island | 25.80% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Providence, RI | % | Rhode Island | U.S. | |
10% or Less | 769 | 4.74%, see rank | 4.83% | 5.86% |
10% to 20% | 4,031 | 24.86%, see rank | 26.66% | 31.95% |
20% to 30% | 4,097 | 25.27%, see rank | 29.46% | 27.64% |
30% to 40% | 2,309 | 14.24%, see rank | 15.46% | 13.74% |
40% or More | 4,930 | 30.41%, see rank | 23.26% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Providence, RI | 689 USD |
Rhode Island | 679 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Providence, RI | % | Rhode Island | U.S. |
$199 or Less | 90 | 1.75%, see rank | 1.30% | 7.76% |
$200 to $299 | 194 | 3.78%, see rank | 2.55% | 14.70% |
$300 to $499 | 1,072 | 20.88%, see rank | 16.45% | 34.63% |
$500 to $699 | 1,288 | 25.09%, see rank | 33.33% | 21.16% |
$700 or More | 2,489 | 48.49%, see rank | 46.38% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Providence, RI | 15.50% of the Total Income |
Rhode Island | 15.60% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Providence, RI | % | Rhode Island | U.S. | |
10% or Less | 1,609 | 31.35%, see rank | 27.38% | 40.19% |
10% to 20% | 1,502 | 29.26%, see rank | 34.08% | 31.47% |
20% to 30% | 639 | 12.45%, see rank | 15.57% | 12.24% |
30% to 40% | 420 | 8.18%, see rank | 7.92% | 5.64% |
40% or More | 880 | 17.14%, see rank | 13.73% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Providence, RI | Rhode Island | U.S. | |
Total Housing Units | 71,147, 100% | 462,930 | 132,741,033 |
1-unit, Detached | 16,374, 23.01%, see rank | 54.96% | 61.65% |
1-unit, Attached | 2,871, 4.04%, see rank | 3.29% | 5.82% |
2 Units | 14,978, 21.05%, see rank | 11.46% | 3.75% |
3 or 4 Units | 21,156, 29.74%, see rank | 12.76% | 4.43% |
5 to 9 Units | 4,474, 6.29%, see rank | 5.05% | 4.78% |
10 or More Units | 10,981, 15.43%, see rank | 11.46% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 313, 0.44%, see rank | 1.03% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Providence, RI | Rhode Island | U.S. | |
Total Housing Units | 71,147, 100% | 462,930 | 132,741,033 |
1 Room | 2,923, 4.11%, see rank | 2.17% | 1.95% |
2 Rooms | 2,463, 3.46%, see rank | 2.93% | 2.48% |
3 Rooms | 7,595, 10.68%, see rank | 9.92% | 9.13% |
4 Rooms | 16,220, 22.80%, see rank | 17.47% | 16.60% |
5 Rooms | 18,687, 26.27%, see rank | 21.11% | 20.41% |
6 Rooms | 11,689, 16.43%, see rank | 19.07% | 18.06% |
7 Rooms | 4,396, 6.18%, see rank | 11.34% | 12.27% |
8 Rooms | 3,150, 4.43%, see rank | 7.63% | 8.48% |
9 Rooms or More | 4,024, 5.66%, see rank | 8.35% | 10.60% |
Median Rooms | 4.80, see rank | 5.30 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Providence, RI | Rhode Island | U.S. | |
Total Housing Units | 71,147, 100% | 462,930 | 132,741,033 |
No Bedroom | 3,037, 4.27%, see rank | 2.30% | 2.17% |
1 Bedroom | 11,343, 15.94%, see rank | 14.17% | 11.16% |
2 Bedrooms | 25,811, 36.28%, see rank | 29.92% | 26.69% |
3 Bedrooms | 21,899, 30.78%, see rank | 38.24% | 39.70% |
4 Bedrooms | 6,211, 8.73%, see rank | 12.04% | 16.05% |
5 or More Bedrooms | 2,846, 4.00%, see rank | 3.32% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Providence, RI | Rhode Island | U.S. | |
Total Housing Units | 60,967, 100% | 409,569 | 116,211,092 |
Utility Gas | 43,050, 70.61%, see rank | 51.13% | 48.85% |
Bottled, Tank, or LP Gas | 844, 1.38%, see rank | 2.34% | 4.86% |
Electricity | 6,702, 10.99%, see rank | 9.15% | 36.68% |
Fuel Oil, Kerosene, etc. | 9,793, 16.06%, see rank | 34.82% | 5.86% |
Coal or Coke | 23, 0.04%, see rank | 0.11% | 0.12% |
Wood | 89, 0.15%, see rank | 1.75% | 2.12% |
Solar Energy | 13, 0.02%, see rank | 0.02% | 0.05% |
Other Fuel | 132, 0.22%, see rank | 0.42% | 0.47% |
No Fuel Used | 321, 0.53%, see rank | 0.26% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Providence, RI | Rhode Island | U.S. |
Occupied Units Paying Rent | 38,899, 100% | 157,088 | 39,201,928 |
$199 or Less | 1,524, 3.92%, see rank | 2.27% | 1.50% |
$200 to $299 | 2,985, 7.67%, see rank | 6.81% | 3.18% |
$300 to $499 | 2,960, 7.61%, see rank | 7.52% | 7.37% |
$500 to $699 | 3,687, 9.48%, see rank | 10.16% | 16.01% |
$700 to $999 | 12,375, 31.81%, see rank | 32.26% | 29.17% |
$1,000 to $1,499 | 11,886, 30.56%, see rank | 30.46% | 26.88% |
$1,500 to $1,999 | 2,575, 6.62%, see rank | 7.43% | 9.79% |
$2,000 or More | 907, 2.33%, see rank | 3.09% | 6.10% |
Median | $910, see rank | $923 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Providence, RI | Rhode Island | U.S. | |
Occupied Housing Units | 60,967, 100% | 409,569 | 116,211,092 |
No Vehicles Available | 11,773, 19.31%, see rank | 9.82% | 9.12% |
1 Vehicles Available | 27,810, 45.61%, see rank | 36.78% | 33.80% |
2 Vehicles Available | 16,555, 27.15%, see rank | 36.62% | 37.48% |
3 or More Vehicles Available | 4,829, 7.92%, see rank | 16.79% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.