According to statistics, the population in Woonsocket, RI amounts to 41,508, which shows decline 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $38,340, shifting growth 3% from the past year, and the average property value in Woonsocket, RI growth 2% to $158,500 throughout the year.
|Number Of Employees||18,412|
|Median Property Value||$158,500|
The average household income in Woonsocket, RI grew from $37,235 to $38,340 in the past year. This data is an estimate based upon 17,054 households in Woonsocket, RI . The chart below presents how household income is distributed in Woonsocket, RI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Woonsocket, RI shifted from $156,100 to $158,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Woonsocket, RI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Woonsocket, RI properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Woonsocket, RI compared to median property taxes around the country. The prevalent amount of property taxes in Woonsocket, RI equals $3000, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Woonsocket, RI increased by 23.8% to $444,858.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 11.7% to $139,500. Asking price for 2-bed apartment also increased by 3.1% and a place of this size will now cost you $322,636. A 3-bed apartment goes for $589,052, it increased by 71.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.1% and made it down to $393,586.
While assessing the property pricing Woonsocket, RI, you can note that it remains flat with a price tag of $484,450. Price reports demonstrate that house price increased by 25.8% this month making it up to $467,420. Condos faced an upward trend these days. The median price for a condo decreased by 46.7%, it’s now available for $157,200. An average value of duplex is $434,900, thus a median price for a duplex remains the same this month. The property value of townhouses increased by 16.2%, you’ll have to spend around $399,828 to get one.