Warwick, RI Real Estate
According to census data in the year 2000 there were 37,085 housing units in Warwick.
This represents a 5.5% growth from 35,141 in 1990.
Of those housing units, 37,085 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Warwick is about 72.6%.
Warwick's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Warwick were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 15.20% |
| Two Bedrooms | 28.60% |
| Three Bedrooms | 42.30% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $111,700 |
| Median Price asked for vacant units | $98,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $593 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 9.70% |
| Simple Mortgage | 53.90% |
| Debt Free | 28.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
