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ZipNumbers

Rhode Island · Census place 59000

Providence city, RI

Quick answer

Providence city has 190,214 residents, ranking #1 of 36 places in Rhode Island. Median household income is $66,772, the median home is worth $322,800 and median gross rent runs $1,333 a month.

Population
190,214Providence city residents
Median household income
$66,772Past 12 months, inflation adjusted
Median home value
$322,800Owner-occupied units
Median gross rent
$1,333Rent plus utilities, monthly
Median age
32.9 yrsAll residents
Homeownership rate
41.2%Owner-occupied households

What the numbers mean in Providence city

Housing cost measured against local earnings.

A household earning the Providence city median would spend about 24% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.1% of residents and 41.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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