Pros and Cons of Living In Woonsocket, Rhode Island. Is Woonsocket, RI a Nice Place To Live or Retire?

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Woonsocket, Rhode Island

Moving to Woonsocket In Rhode Island ? Is Woonsocket, RI a Nice Place To Live? Pros and Cons of Living in Woonsocket, Rhode Island. Find out the best and worst about to live, raise a family or retire in Woonsocket.

DEMOGRAPHICS

Population
41616
Unemployment
8%
70% NAT AVG.
Poverty
21%
50% NAT AVG.
Cost Of Living
108
8% NAT AVG.

ECONOMICS

Median Home Cost
$191500
17% NAT AVG.
Median Income
$44310
34% NAT AVG.
Median Rent
$921
21% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
965
1% NAT. AVG.
57% STATE AVG.
Violent Crime
209
29% NAT. AVG.
117% STATE AVG.
Property Crime
756
7% NAT. AVG.
46% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 13
People Earning < $10,000
1 in 11
People Earning < $50,000
54.2%
People With Any Degree
1 in 3.8

ETHNICITY

Ethnicity Woonsocket USA
White 60.5% 60.1%
African American 7.7% 12.2%
American Indian 0.5% 0.6%
Asian 6% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.5% 2.8%
Hispanic 19.7% 18.2%
Other 1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Woonsocket USA
Less than $10,000 9.4% 5.8%
$10,000 to $14,999 6.6% 4.1%
$15,000 to $24,999 12.1% 8.5%
$25,000 to $34,999 10.8% 8.6%
$35,000 to $49,999 15.3% 12.0%
$50,000 to $74,999 16.3% 17.2%
$75,000 to $99,999 11.5% 12.8%
$100,000 to $149,999 11.5% 15.6%
$150,000 to $199,999 4% 7.1%

EDUCATION

Education Woonsocket USA
< 9th Grade 7% 5.0%
9-12th Grade 11% 7.0%
High School or GED 34% 27.0%
Other College 22% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 12% 20.0%
Master's Degree 5% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Woonsocket is a city in Rhode Island state in USA with a population of 41616 residents.. The poverty rate of Woonsocket is 21%, which is 50% higher than national average. The typical household in Woonsocket earns $44310 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 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 54.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Woonsocket remained 8%, which is 70% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Woonsocket is 108, which is 8% higher than national average. In Woonsocket, only 18% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Woonsocket is $191500 , which is 17% lower than national average. While median income in Woonsocket remained $44310, which is 34% lower than national average.
Woonsocket Scorecard

Jobs50%

Housing80%

Affordability40%

Safety50%

Amenities95%

Diversity90%

Education50%

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