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Charlestown, RI

Full City Profile · Rhode Island · Washington County County

3.7 /5.0
B+ Good
1,648 Population 729/sq mi density
$113,281 Median Income $81,393 per capita
$545,800 Home Value $660,841 Zillow
$1,216 Median Rent 51.0% income on rent
49°F Avg Temperature 271 sunny days/yr
77 Violent Crime/100K 614 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$113,281 median income, 4.2% unemployment
B+
Affordability
4.0 / 5.0
$545,800 home value, $1,216/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
A+
Education
5.0 / 5.0
56.7% bachelor's degree or higher

Housing Overview

Median Home Value
$545,800
94% above
US avg: $281,900
Median Rent
$1,216/mo
5% above
US avg: $1,163/mo
Homeownership Rate
81.9%
25% above US avg (65.4%)
Total Housing Units
1,667
Median year built: 1973

Home Value by Source

Census Median
$545,800
Zillow (ZHVI)
$660,841
Median Sale Price
$611,000
Median List Price
$639,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.9%
Owner-Occupied
18.1%
Renter-Occupied
82%
18%
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
Census median rent: $1,216/mo

Market Indicators (Redfin)

Median Days on Market
82 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
8.7%
of listings with price reduction
Price Per Sq Ft
$317
Active Inventory
23
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
81.9%

Complete Housing Data

Home Values

Census Median Value$545,800
Zillow Home Value (ZHVI)$660,841
Median Sale Price$611,000
Median List Price$639,000
Price Per Sq Ft$317

Rent

Census Median Rent$1,216
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

Days on Market82
Sale-to-List Ratio1.0%
Price Drops8.7%
Homes Sold8
Active Inventory23
Price Per Sq Ft$317

Ownership & Stock

Owner-Occupied81.9%
Renter-Occupied18.1%
Homeownership Rate81.9%
Total Housing Units1,667
Median Year Built1973
Rent Burden51.0%