What is the median household income in Narragansett, RI?
The median household income in Narragansett, RI is $95,721 (±$7,256) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,712 a month would take about $68,500 a year at the common guideline of spending no more than 30% of income on rent.
In Narragansett, the median household income went from $86,920 in 2015–2019 to $95,721 in 2020–2024 (+10.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $95,721 (±$7,256)
- Median renter income
- $20,563 (±$12,066)
- Income to afford median rent
- about $68,500
Income in Narragansett against Washington County, its state and the nation
| Narragansett | Washington County | Rhode Island | United States | |
|---|---|---|---|---|
| Median household income | $95,721 (±$7,256) | $106,638 (±$2,789) | $87,796 (±$1,209) | $80,734 |
| Median renter household income | $20,563 (±$12,066) | $48,732 (±$8,280) | $50,251 (±$1,401) | $52,966 |
| Median owner household income | $110,368 (±$12,128) | $126,293 (±$5,020) | $115,286 (±$1,632) | $100,009 |
| Median gross rent | $1,712 (±$234) | $1,327 (±$86) | $1,342 (±$19) | $1,413 |
In Narragansett, median household income is lower than in Washington County ($106,638).
It is also higher than in Rhode Island ($87,796).
It is higher than the national figure ($80,734).
In Washington County, Narragansett ranks 8 of 9 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 26 of 39.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Narragansett
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,712 a month ($20,544 a year) needs an income of about $68,500 a year.
The median renting household in Narragansett earns $20,563 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $86,920 (±$12,357) | $95,721 (±$7,256) | +10.1% | No measurable change after inflation |
| Median gross rent | $1,389 (±$149) | $1,712 (±$234) | +23.3% | No measurable change after inflation |
| Median home value | $444,300 (±$27,991) | $743,500 (±$60,119) | +67.3% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Narragansett
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Narragansett | — | $95,721 (±$7,256) | — |
| South Kingstown | 3.3 mi | $108,960 (±$9,750) | Higher |
| Wakefield-Peace Dale | 3.4 mi | $106,551 (±$19,377) | Not measurably different |
| Kingston | 5.5 mi | $107,404 (±$47,008) | Not measurably different |
| Charlestown (community) | 7.4 mi | $108,563 (±$30,282) | Not measurably different |
| Carolina | 9.7 mi | $140,196 (±$24,770) | Higher |
| Newport | 10 mi | $86,313 (±$4,012) | Lower |
| Charlestown | 10 mi | $109,404 (±$9,817) | Higher |
| Jamestown | 10 mi | $140,625 (±$42,154) | Higher |
Nearby places with a measurably lower figure: Newport, RI ($86,313).
Nearby places with a measurably higher figure: South Kingstown, RI ($108,960), Carolina, RI ($140,196), Charlestown, RI ($109,404).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Washington County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 2 | Richmond | $124,653 (±$26,720) |
| 3 | Exeter | $111,250 (±$29,727) |
| 4 | Charlestown | $109,404 (±$9,817) |
| 5 | South Kingstown | $108,960 (±$9,750) |
| 6 | Westerly | $98,875 (±$5,450) |
| 7 | Hopkinton | $97,172 (±$12,327) |
| 8 | Narragansett | $95,721 (±$7,256) |
| 9 | New Shoreham | $83,190 (±$29,822) |
Showing 8 of 9 places in Washington County, ranked from highest to lowest.
The figures for Narragansett include the places inside it that have pages of their own: Narragansett Pier.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Narragansett
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Narragansett beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Narragansett, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Narragansett, and send estimates and invoices from your phone.
Questions about Narragansett
What is the median household income in Narragansett?
The median household income in Narragansett is $95,721 (±$7,256) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Narragansett?
About $68,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,712 a month.
Have incomes in Narragansett kept up with inflation?
In Narragansett, the median household income went from $86,920 in 2015–2019 to $95,721 in 2020–2024 (+10.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Narragansett?
The median renting household in Narragansett, RI earns $20,563 (±$12,066) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Narragansett town, Washington County, Rhode Island
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Narragansett town, Washington County, Rhode Island
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Narragansett town, Washington County, Rhode Island
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Narragansett town, Washington County, Rhode Island
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Narragansett town, Washington County, Rhode Island
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Narragansett town, Washington County, Rhode Island
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Narragansett town, Washington County, Rhode Island (county subdivision:48340, in state:44 county:009).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Narragansett at a glance
- Median rent in Narragansett
- Rent by bedrooms in Narragansett
- Rent burden in Narragansett
- Renters and owners in Narragansett
- Home values in Narragansett
- Homeowner costs in Narragansett
- Property taxes in Narragansett
- Types of homes in Narragansett
- Bedrooms in Narragansett
- Age of homes in Narragansett
- Vacancy rate in Narragansett
- Heating fuel in Narragansett
- Commute and cars in Narragansett
- Crime reported to police in Narragansett
- Population growth in Narragansett
- How long people stay in Narragansett
- Crowding and facilities in Narragansett
- Rhode Island landlord and tenant rules
- Housing across Washington County
- Rhode Island places ranked by median household income
- Housing data for every place in Rhode Island