Affordability evidence
Warwick, RI home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Warwick, RI.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
In Warwick, RI, the 2024 ACS reports a median owner-occupied home value of $354,600, median household income of $88,708, and median selected monthly owner costs of $2,095 for owners with a mortgage. For the decision at hand, together, those three reference points may still help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $2,095 measure combines recurring ownership expenses instead of real estate taxes alone. In practical terms, a useful affordability review starts with $354,600, $88,708, and $2,095, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Warwick, RI's $354,600 median home-value estimate is below the statewide $404,200 estimate, with a reported city-to-state gap of 12.3%.