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Washington County, RI

RANK #51 / 996  ·  POP 129,998  ·  RI

PROJECTED GROWTH: +3.4%

Washington County is one of America's fastest-growing metros, with explosive job creation driving its boom.

[01] Why Washington County?

Washington County, often called South County by locals, is Rhode Island's largest county by land area, encompassing coastal towns like Narragansett and Westerly. Narragansett is particularly known for The Towers, an architectural landmark that serves as a centerpiece for the town. The county offers extensive outdoor recreation, including numerous state beaches such as East Matunuck and Misquamicut, and large natural spaces like Burlingame State Park and the Arcadia Management Area, which is the largest contiguous public land parcel in Rhode Island. Commuting to Providence is feasible, with Amtrak stations in Kingston and Westerly providing rail options. The community feel varies from bustling coastal areas to quieter inland towns.

Life in Washington County is characterized by access to highly-rated public schools and a generally safe environment. The presence of the University of Rhode Island in Kingston contributes to a lively atmosphere in that village. The economy is supported by diverse sectors, including a significant marine economy, with Washington County producing a substantial portion of the state's marine economy's gross domestic product. There is also ongoing investment in infrastructure and energy sectors, alongside efforts to bolster tourism and support local businesses.

[02] Market Snapshot

Housing Ratio
7.4x

Overvalued relative to economy

GDP Growth
+3.7%

Above national median

Home Prices
+5.6%

Outpacing national median

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks overvalued at 7.4x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Washington County U.S. National

The Numbers

DEMOGRAPHICS
Population
129,998
+0.2% YoY
Median Household Income
$99,510
Median Home Value
$436,000
+5.63% 12mo
Median Rent
$1,284
Average Annual Pay
$62,700
+3.6% YoY
Employment
59,183
+3.4% YoY
Income-to-Home-Value
0.2282
Near national average
Migration Inflow
2.78%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$680,000
Days on Market
46
Moderate pace
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
99.0%
Near asking price
Sold Above List
28.4%
Listings w/ Price Drops
9.3%
Building Permits (2024)
299
Single-Family Permits
222

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$446M
TOTAL
PROJECT AMOUNT STATUS
Battery Storage Project
Unknown
$205M Planned
Statewide Broadband Expansion (BEAD Program & Capital Projects Funds)
Rhode Island Commerce Corporation / Various ISPs
$161M Under Construction
Community Solar Portfolio (Multiple Projects)
Various (e.g., Standard Solar, Brown University, AES Clean Energy, Nautilus Solar)
$81M Operating/Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.7% 68 percentile
Population Growth +0.2% 39 percentile
Income Growth +8.2% 40 percentile
Vacancy Rate 0.9% 65 percentile
Home Price Change +5.6% 93 percentile
Rent Growth +4.6% 75 percentile
Price/Rent 14x 42 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Washington County, RI a good place to move to?

Washington County has a Boom Town Index score of 95/100, ranking #51 among 996 U.S. counties. With job growth at +3.4% and a median household income of $99,510, it's an above-average county on economic indicators.

Is Washington County affordable?

The median home value in Washington County is $436,000 with median rent at $1,284/month. The income-to-home-value ratio is 0.2282, which is less affordable than the national average.

Is Washington County growing or shrinking?

Population growth: +0.2% year-over-year. Job growth: +3.4%. Home values changed +5.6% in the past 12 months.

Are people moving to Washington County?

Yes — 2.78% of Washington County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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