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Rhode Island

State FIPS 44

Juniper

Rhode Island is in the 90th percentile nationally for home price growth over the past year. It also sits in the highest 18% nationally for typical home value. And it sits in the highest 27% nationally for median income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$507,938

Higher than 82% of U.S. states
Median Income

$87,796

Higher than 73% of U.S. states
Hot Days/yr (>90°F)

11.6

The basics

Total Population

1,101,801

Median Age

40.6

Population Density

1,065.68

Home values & property tax

Median Property Tax

$4,900

Property Tax Rateyearly tax as a share of home value

1.2%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

4.6×

Higher than 71% of U.S. states
Median Rent

$1,342

Higher than 59% of U.S. states

Home prices & appreciation

Home Price Growth, Past Year

5.4%

Higher than 90% of U.S. states
Pandemic Price Run-Up2019–20 low → 2022–23 peak

50%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

29%

Climate & weather

Summer Avg High (°F)

80.9

Winter Avg Low (°F)

23.5

Avg Temperature (°F)

51.5

Freezing Days/yr (<32°F)

117

Annual Precipitation (in)

49.8

Annual Snowfall (in)

37.6

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.02

Go deeper

Explore every county, ZIP code, and census tract in Rhode Island — demographics, housing, climate, and risk — on the interactive map.

Explore Rhode Island on the map →

Rhode Island: frequently asked questions

What is the typical home value in Rhode Island?
The estimated median home value in Rhode Island today is $507,938, higher than 82% of U.S. states.
How much is property tax in Rhode Island?
The median annual property tax in Rhode Island is $4,900, an effective rate of 1.2% of home value.
Is Rhode Island expensive to live in?
Homes in Rhode Island cost about 4.6× the median household income, higher than 71% of U.S. states.
What is the average rent in Rhode Island?
The median gross rent in Rhode Island is $1,342 a month, higher than 59% of U.S. states.
How much have home prices grown in Rhode Island?
Home prices in Rhode Island have moved 5.4% over the past year, per the FHFA House Price Index.
How many people live in Rhode Island?
Rhode Island has a population of 1,101,801, about 1,065.68 people per square mile, per the U.S. Census American Community Survey. The median age is 40.6.
What is the weather like in Rhode Island?
Rhode Island averages 51.5°F year-round, summer highs near 80.9°F, winter lows around 23.5°F (NOAA 1991–2020 normals). It sees about 37.6 inches of snow a year.
Is Rhode Island at risk of flooding or natural disasters?
Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0.02 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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