Wakefield-Peacedale, RI Real Estate

According to census data in the year 2000 there were 3,381 housing units in Wakefield-Peacedale. This represents a 17.8% growth from 2,869 in 1990.

Of those housing units, 3,365 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.

Homeownership rate in Wakefield-Peacedale is about 71.3%. Wakefield-Peacedale's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Wakefield-Peacedale were built after 1957.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom10.70%
Two Bedrooms24%
Three Bedrooms43.90%
Four Bedrooms15.90%
Five Bedrooms or more4.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1962
Median Value of occupied units$151,700
Median Price asked for vacant units$129,700

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1946
Median Monthly Rent asked for vacant units$850

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10%
Home Equity Loan8.90%
Simple Mortgage57.10%
Debt Free24%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.2%