Cost of Living in Woonsocket, RI
Population: 43,074 • 2026 Data
$58,614
Median Household Income
-24% vs national
$1,116
Median Monthly Rent
-17% vs national
$268,000
Median Home Value
-21% vs national
8.1%
Unemployment Rate
Housing in Woonsocket
The median home value in Woonsocket, RI is $268,000. Monthly rent for a typical unit averages $1,116, while total monthly housing costs (including utilities and insurance) average $1,186.
Rent-to-income ratio: 22.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Woonsocket, RI is $58,614. The unemployment rate stands at 8.1%, with a labor force of 21,449 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.