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Narragansett Pier, RI Real Estate


According to census data in the year 2000 there were 2,067 housing units in Narragansett Pier. This represents a 3% growth from 2,007 in 1990.

Of those housing units, 2,067 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Narragansett Pier is about 48.7%. Narragansett Pier's vacancy rate, including seasonal lodging, is about 17.9%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Narragansett Pier were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom18.40%
Two Bedrooms34.30%
Three Bedrooms21.80%
Four Bedrooms14.20%
Five Bedrooms or more9.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1966
Median Value of occupied units$195,500
Median Price asked for vacant units$101,400

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1972
Median Monthly Rent asked for vacant units$675

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan8.50%
Simple Mortgage61.60%
Debt Free25.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%