Carolina, RI
Full City Profile · Rhode Island · Washington County County
3.7
/5.0
B+
Good
1,238
Population
503/sq mi density
$123,063
Median Income
$35,106 per capita
$366,000
Home Value
$660,841 Zillow
49°F
Avg Temperature
271 sunny days/yr
64
Violent Crime/100K
1,116 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$123,063 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$366,000 home value, /mo rent
F
Safety
1.0 / 5.0
64 violent crimes/100K
B+
Education
3.9 / 5.0
35.9% bachelor's degree or higher
Housing Overview
Median Home Value
$366,000
30% above
US avg: $281,900
Homeownership Rate
78.8%
20% above US avg (65.4%)
Total Housing Units
407
Median year built: 1971
Home Value by Source
Census Median
$366,000
Zillow (ZHVI)
$660,841
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.8%
Owner-Occupied
21.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,325/mo
1 Bedroom
$1,394/mo
2 Bedroom
$1,727/mo
3 Bedroom
$2,099/mo
4 Bedroom
$2,449/mo
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
78.8%
Complete Housing Data
Home Values
| Census Median Value | $366,000 |
| Zillow Home Value (ZHVI) | $660,841 |
Rent
| FMR Studio | $1,325 |
| FMR 1-Bedroom | $1,394 |
| FMR 2-Bedroom | $1,727 |
| FMR 3-Bedroom | $2,099 |
| FMR 4-Bedroom | $2,449 |
Market
Ownership & Stock
| Owner-Occupied | 78.8% |
| Renter-Occupied | 21.2% |
| Homeownership Rate | 78.8% |
| Total Housing Units | 407 |
| Median Year Built | 1971 |
| Rent Burden | 29.5% |
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