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 Type | 1.70% |
| One Bedroom | 18.40% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 21.80% |
| Four Bedrooms | 14.20% |
| Five Bedrooms or more | 9.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $195,500 |
| Median Price asked for vacant units | $101,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $675 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 61.60% |
| Debt Free | 25.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
