Income needed to buy a home

Every county in Rhode Island

In the middle county, Bristol County, the typical home takes $227,003 a year. Locals can afford the typical home in 0 of 5 counties.

CountyTypical homeMonthly costIncome neededLocal median incomeFor locals
Kent County$442,953$3,653$156,548$94,345Far off
Providence County$455,095$3,685$157,946$78,787Out of reach
Bristol County$657,795$5,297$227,003$114,490Far off
Washington County$689,899$5,427$232,587$106,638Out of reach
Newport County$790,998$6,187$265,174$103,514Out of reach

10% down, 7.40% 30-year fixed, housing at 28% of gross income. How it works.