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Woonsocket, RI

Full City Profile · Rhode Island · Norfolk County County

2.7 /5.0
C+ Fair
43,074 Population 5,558/sq mi density
$58,614 Median Income $30,593 per capita
$268,000 Home Value $373,514 Zillow
$1,116 Median Rent 29.1% income on rent
50°F Avg Temperature 259 sunny days/yr
568 Violent Crime/100K 2,074 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$58,614 median income, 5.1% unemployment
A
Affordability
4.1 / 5.0
$268,000 home value, $1,116/mo rent
F
Safety
1.0 / 5.0
568 violent crimes/100K (50% above avg)
C
Education
2.5 / 5.0
18.6% bachelor's degree or higher

Housing Overview

Median Home Value
$268,000
5% below
US avg: $281,900
Median Rent
$1,116/mo
4% below
US avg: $1,163/mo
Homeownership Rate
38.1%
42% below US avg (65.4%)
Total Housing Units
18,886
Median year built: 1950

Home Value by Source

Census Median
$268,000
Zillow (ZHVI)
$373,514
Median Sale Price
$380,000
Median List Price
$392,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

38.1%
Owner-Occupied
61.9%
Renter-Occupied
38%
62%
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: $1,116/mo · Zillow rent: $1,594/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
23
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$228
Active Inventory
39
homes for sale

Affordability & Housing Stock

Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
38.1%

Complete Housing Data

Home Values

Census Median Value$268,000
Zillow Home Value (ZHVI)$373,514
Median Sale Price$380,000
Median List Price$392,000
Price Per Sq Ft$228

Rent

Census Median Rent$1,116
Zillow Rent (ZORI)$1,594
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 Market29
Sale-to-List Ratio1.0%
Price Drops15.4%
Homes Sold23
Active Inventory39
Price Per Sq Ft$228

Ownership & Stock

Owner-Occupied38.1%
Renter-Occupied61.9%
Homeownership Rate38.1%
Total Housing Units18,886
Median Year Built1950
Rent Burden29.1%