Is Narragansett Pier, Rhode Island a Good Place To Live? - Living In Narragansett Pier, RI

Is Narragansett Pier, Rhode Island a good place to live?
Narragansett Pier is a city in Rhode Island state in USA with a population of 3594 residents.. The poverty rate of Narragansett Pier is 21.7%, which is 55% higher than national average. The typical household in Narragansett Pier earns $58875 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 47.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Narragansett Pier, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Narragansett Pier remained 6.1%, which is 30% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Narragansett Pier, only 49% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Narragansett Pier is 0, which is 100% lower than national average. Median home value in Narragansett Pier is $542200 , which is 136% higher than national average. While median income in Narragansett Pier remained $58875, which is 13% lower than national average.
Population
3594
Unemployment
6.1%
30% NAT AVG.
Poverty
21.7%
55% NAT AVG.
Overall Score
6
Median Home Cost
$542200
136% NAT AVG.
Median Income
$58875
13% NAT AVG.
Median Rent
$1328
14% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 16
People Earning < $10,000
1 in 10
People Earning < $50,000
47.2%
People with <= High School
1 in 3.7
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs70%

Housing90%

Affordability30%

Safety60%

Amenities60%

Diversity60%

Education90%

Commute80%