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Community Characteristics

02807
Characteristics Moderate Residential Turnover, Coastal Area
Closest Airport THEODORE F (40 miles)
Closest 2 Year College THREE RIVERS COMMUNITY COLLEGE (37 miles)
Closest 4 Year College UNIVERSITY OF RHODE ISLAND (22 miles)
Closest Major Sports Team CONNECTICUT SUN (35 mile)

Population

02807 Rhode Island
Population 1,052 1,052,310
Population Density (people/mile) 106 681
Population Growth (since 2000) 4% 0%
Male 515 511,662
Female 537 540,648
Median Age 48 38.52

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
91 89 128 76 159 201 180 91 37

Household

02807 Rhode Island
Number of Households 507 404,389
Average Household Size 2.07 2.51
Household: With Children 101 125,665
Household: With no Children 406 278,724
Household: Family 264 254,047
Household: Non-Family 243 150,342
Total Dwelling Units 1,771 452,663

Marital Status

Marital Status
Never Married - 24.5% 24.5%
Married - 51.0% 51.0%
Separated - 4.7% 4.7%
Widowed - 5.7% 5.7%
Divorced - 14.2% 14.2%

Housing

02807 Rhode Island
Median Home Price $575,000 $179,000
In Current Residence 5+ Years 32.35% 39.28%
Annual Residential Turnover 18.34% 17.92%
Median Years in Residence 2.87 3.75
Median Dwelling Age 27 42

Housing Type

Housing Type
Owner - 20.0% 20.0%
Renter - 8.6% 8.6%
Vacant - 71.4% 71.4%

Transportation

Travel to Work

Travel to Work
Public - 0% 0%
Drive/Carpool - 83% 83%
Walk/Bike/Other - 11% 11%
Work at home - 6% 6%

Income

02807 Rhode Island
Median Household Income $62,114 $54,260
Average Household Income $87,299 $74,789
Average Income Change (since 2000) 39% 28%
Per Capita Income $42,808 $29,828
Sales Tax Rate 7% N/A
Sales Tax Type PL N/A
Median Disposable Income $51,499 $45,560

Household Income by Dollar Range

under $10K $10-20K $20-30K $30-40K $40-50K $50-75K $75-125K $125-200K $200-500K $500K+
32 50 53 42 34 75 113 71 33 4

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
22500 52000 77885 83929 77381 45000 27000

Employment

Employment by Industry
Agriculture, Forestry and Fishing 0
Mining 0
Construction 0
Manufacturing 0
Transportation and Communications 15
Wholesale Trade 18
Retail Trade 41
Finance, Insurance and Real Estate 8
Services 371
Public Administration 110
Employees/Unclassified 0

Employment by Occupation
Handlers, Helpers, and Laborers 10
Transportation Material Moving Workers 18
Machine Operators, Assemblers, and Inspectors 15
Construction, Repair, and Mining: Field Based 10
Precision, Craft, and Repair: Site Based 32
Farming Forestry and Fishing 13
Other Services: Field Based 2
Other Services: Site Based 156
Protective Services 29
Private Household 0
Technical, Sales and Administrative 1
Administrative Support 104
Sales Workers and Clerks 35
Technologies and Technicians 10
Sales Professionals 7
Professional Specialty Occupations 48
Executive, Managers, Administrators 73

Net Worth

02807 Rhode Island
Average Household Net Worth $328,485 $245,538
Median Home Price $575,000 $179,000

Median Value of Assets (Dollars)
Any Non-Financial Assets 541258
Other Non-Financial Assets 26404
Business Equity 173831
Investment Property 89947
Home Equity 0
Vehicle Owned 19551
Any Financial Assets 124056
Other Financial Assets 15068
Other Managed Accounts 66962
Cash Value Life Insurance 11394
Retirement Accounts 78124
Mutual Funds 74873
Stocks 26665
Bonds (not US Savings) 95699
Savings Bonds 1693
Certificates of Deposit 22634
Transaction Account 11991

Median Value of Debts (Dollars)
Investment 145873
Credit Card 4012
Line of Credit 6658
Installment Loan 14000
Mortgage 161100

Cost of Living

02807 Rhode Island
Average Total Household Expenditure $64,537 $57,078
Household Expenditure Index (100=National Average) 115 102

Cost of Living Index (100=National Average)
Gifts 121
Utilities 112
Transportation 113
Tobacco 109
Reading 117
Personal Care 115
Miscellaneous Expenses 114
Household Operations 119
Shelter 116
Household Furnishings and Equipment 118
Health Care 114
Food and Beverages 113
Entertainment 116
Education 121
Apparel 115
Personal Insurance 121
Contribution 125

Climate

Average Temperature (fahrenheit)

January July
Low 26.7 63.9
High 38.9 77.4

Weather Index (100 = National Average)
Overall 99
Earthquake 44
Hail 29
Hurricane 191
Tornado 0
Wind 23