Best places to retire in Rhode Island
Written by:
April 10, 2021
realtor.com
Best places to retire in Rhode Island
For many people, retirement is the reward after decades of working and raising a family. After all that anticipation, deciding where to spend that precious time can be a tough decision, so Stacker looked to data and rankings from Niche to compile a list of the best places to retire in Rhode Island. Niche ranks places to retire based on a variety of factors including cost of living, health care, recreation, and weather. Listings and images are from realtor.com.
Many retirees seek out easy access to indoor and outdoor recreation, from walking trails and water access to museums and theaters. Many desirable retirement destinations also have good proximity to major cities, ripe with arts, culture, and health care resources. But those choice locations carry the key drawback of a high cost of living, often due to pricey housing costs, that will not suit retirees often on fixed incomes. Low crime rates make a difference, as well.
Keep reading to discover the best places to retire in Rhode Island.
You may also like: People who retire comfortably avoid these financial advisor mistakes
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#25. Cumberland Hill
- Population: 8,249
- Median home value: $262,100 (80% own)
- Median rent: $921 (20% rent)
- Median household income: $89,456
- Pictured: 53 Kennedy Ct, Cumberland ($500,000, 4 bedrooms)
- Median home value: $262,100 (80% own)
- Median rent: $921 (20% rent)
- Median household income: $89,456
- Pictured: 53 Kennedy Ct, Cumberland ($500,000, 4 bedrooms)
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#24. Tiverton
- Population: 15,774
- Median home value: $277,500 (78% own)
- Median rent: $971 (22% rent)
- Median household income: $75,295
- Pictured: 575 Nanaquaket Rd, Tiverton ($3.0 million, 5 bedrooms)
- Median home value: $277,500 (78% own)
- Median rent: $971 (22% rent)
- Median household income: $75,295
- Pictured: 575 Nanaquaket Rd, Tiverton ($3.0 million, 5 bedrooms)
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#23. Cumberland
- Population: 34,846
- Median home value: $288,200 (77% own)
- Median rent: $954 (23% rent)
- Median household income: $91,726
- Pictured: 51 Reservoir Rd, Cumberland ($1.2 million, 4 bedrooms)
- Median home value: $288,200 (77% own)
- Median rent: $954 (23% rent)
- Median household income: $91,726
- Pictured: 51 Reservoir Rd, Cumberland ($1.2 million, 4 bedrooms)
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#22. Lincoln
- Population: 21,731
- Median home value: $319,800 (69% own)
- Median rent: $1,040 (31% rent)
- Median household income: $81,045
- Pictured: 0 Paddock Dr, Lincoln ($1.6 million, 4 bedrooms)
- Median home value: $319,800 (69% own)
- Median rent: $1,040 (31% rent)
- Median household income: $81,045
- Pictured: 0 Paddock Dr, Lincoln ($1.6 million, 4 bedrooms)
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#21. Glocester
- Population: 10,141
- Median home value: $292,000 (87% own)
- Median rent: $1,087 (13% rent)
- Median household income: $89,391
- Pictured: 506 Chopmist Hill Rd, Glocester ($819,000, 3 bedrooms)
- Median home value: $292,000 (87% own)
- Median rent: $1,087 (13% rent)
- Median household income: $89,391
- Pictured: 506 Chopmist Hill Rd, Glocester ($819,000, 3 bedrooms)
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#20. East Providence
- Population: 47,483
- Median home value: $221,700 (61% own)
- Median rent: $974 (39% rent)
- Median household income: $59,142
- Pictured: 31 Bridgham Farm Rd, East Providence ($799,000, 4 bedrooms)
- Median home value: $221,700 (61% own)
- Median rent: $974 (39% rent)
- Median household income: $59,142
- Pictured: 31 Bridgham Farm Rd, East Providence ($799,000, 4 bedrooms)
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#19. North Smithfield
- Population: 12,413
- Median home value: $295,900 (78% own)
- Median rent: $1,064 (22% rent)
- Median household income: $78,617
- Pictured: 18 Mowry Farms Ln, North Smithfield ($699,999, 3 bedrooms)
- Median home value: $295,900 (78% own)
- Median rent: $1,064 (22% rent)
- Median household income: $78,617
- Pictured: 18 Mowry Farms Ln, North Smithfield ($699,999, 3 bedrooms)
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#18. Charlestown
- Population: 7,799
- Median home value: $330,700 (84% own)
- Median rent: $1,232 (16% rent)
- Median household income: $78,209
- Pictured: 160 C Ross Hill Rd, Charlestown ($5.5 million, 3 bedrooms)
- Median home value: $330,700 (84% own)
- Median rent: $1,232 (16% rent)
- Median household income: $78,209
- Pictured: 160 C Ross Hill Rd, Charlestown ($5.5 million, 3 bedrooms)
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#17. Newport
- Population: 24,663
- Median home value: $448,800 (43% own)
- Median rent: $1,236 (57% rent)
- Median household income: $67,102
- Pictured: 180 Narragansett Ave, Newport ($14.0 million, 14 bedrooms)
- Median home value: $448,800 (43% own)
- Median rent: $1,236 (57% rent)
- Median household income: $67,102
- Pictured: 180 Narragansett Ave, Newport ($14.0 million, 14 bedrooms)
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#16. Cranston
- Population: 81,254
- Median home value: $243,500 (67% own)
- Median rent: $1,070 (33% rent)
- Median household income: $72,017
- Pictured: 100 Crest Dr, Cranston ($995,000, 4 bedrooms)
- Median home value: $243,500 (67% own)
- Median rent: $1,070 (33% rent)
- Median household income: $72,017
- Pictured: 100 Crest Dr, Cranston ($995,000, 4 bedrooms)
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#15. Smithfield
- Population: 21,693
- Median home value: $288,700 (79% own)
- Median rent: $916 (21% rent)
- Median household income: $85,337
- Pictured: 3 Mellissa Cir, Smithfield ($1.0 million, 5 bedrooms)
- Median home value: $288,700 (79% own)
- Median rent: $916 (21% rent)
- Median household income: $85,337
- Pictured: 3 Mellissa Cir, Smithfield ($1.0 million, 5 bedrooms)
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#14. East Greenwich
- Population: 13,081
- Median home value: $437,500 (77% own)
- Median rent: $916 (23% rent)
- Median household income: $114,147
- Pictured: 1000 Old Greenwich Dr, East Greenwich ($2.3 million, 4 bedrooms)
- Median home value: $437,500 (77% own)
- Median rent: $916 (23% rent)
- Median household income: $114,147
- Pictured: 1000 Old Greenwich Dr, East Greenwich ($2.3 million, 4 bedrooms)
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#13. Barrington
- Population: 16,131
- Median home value: $433,200 (89% own)
- Median rent: $1,318 (11% rent)
- Median household income: $125,431
- Pictured: 85 Nayatt Rd, Barrington ($5.0 million, 7 bedrooms)
- Median home value: $433,200 (89% own)
- Median rent: $1,318 (11% rent)
- Median household income: $125,431
- Pictured: 85 Nayatt Rd, Barrington ($5.0 million, 7 bedrooms)
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#12. Warren
- Population: 10,488
- Median home value: $297,300 (54% own)
- Median rent: $953 (46% rent)
- Median household income: $59,926
- Pictured: 63 Patterson Ave, Warren ($650,000, 3 bedrooms)
- Median home value: $297,300 (54% own)
- Median rent: $953 (46% rent)
- Median household income: $59,926
- Pictured: 63 Patterson Ave, Warren ($650,000, 3 bedrooms)
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#11. Bristol
- Population: 22,145
- Median home value: $337,700 (67% own)
- Median rent: $1,066 (33% rent)
- Median household income: $72,610
- Pictured: 10 Courageous Cir, Bristol ($3.3 million, 4 bedrooms)
- Median home value: $337,700 (67% own)
- Median rent: $1,066 (33% rent)
- Median household income: $72,610
- Pictured: 10 Courageous Cir, Bristol ($3.3 million, 4 bedrooms)
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#10. Portsmouth
- Population: 17,363
- Median home value: $386,600 (77% own)
- Median rent: $1,450 (23% rent)
- Median household income: $100,453
- Pictured: 272 Carnegie Harbor Dr, Portsmouth ($8.0 million, 6 bedrooms)
- Median home value: $386,600 (77% own)
- Median rent: $1,450 (23% rent)
- Median household income: $100,453
- Pictured: 272 Carnegie Harbor Dr, Portsmouth ($8.0 million, 6 bedrooms)
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#9. Middletown
- Population: 16,018
- Median home value: $379,100 (54% own)
- Median rent: $1,372 (46% rent)
- Median household income: $73,609
- Pictured: 108 Tuckerman Ave, Middletown ($3.1 million, 4 bedrooms)
- Median home value: $379,100 (54% own)
- Median rent: $1,372 (46% rent)
- Median household income: $73,609
- Pictured: 108 Tuckerman Ave, Middletown ($3.1 million, 4 bedrooms)
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#8. Greenville
- Population: 8,695
- Median home value: $285,300 (80% own)
- Median rent: $1,177 (20% rent)
- Median household income: $84,701
- Pictured: 67 Pleasant View Ave, Smithfield ($550,000, 5 bedrooms)
- Median home value: $285,300 (80% own)
- Median rent: $1,177 (20% rent)
- Median household income: $84,701
- Pictured: 67 Pleasant View Ave, Smithfield ($550,000, 5 bedrooms)
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#7. Warwick
- Population: 80,993
- Median home value: $225,300 (71% own)
- Median rent: $1,167 (29% rent)
- Median household income: $73,757
- Pictured: 276 Channel View Ave, Warwick ($2.0 million, 3 bedrooms)
- Median home value: $225,300 (71% own)
- Median rent: $1,167 (29% rent)
- Median household income: $73,757
- Pictured: 276 Channel View Ave, Warwick ($2.0 million, 3 bedrooms)
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#6. South Kingstown
- Population: 30,652
- Median home value: $371,400 (73% own)
- Median rent: $1,287 (27% rent)
- Median household income: $89,917
- Pictured: 527 Ministerial Rd, South Kingstown ($7.5 million, 8 bedrooms)
- Median home value: $371,400 (73% own)
- Median rent: $1,287 (27% rent)
- Median household income: $89,917
- Pictured: 527 Ministerial Rd, South Kingstown ($7.5 million, 8 bedrooms)
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#5. Narragansett Pier
- Population: 3,594
- Median home value: $542,200 (55% own)
- Median rent: $1,328 (45% rent)
- Median household income: $58,875
- Pictured: 125 Kenyon Farm Rd, Narragansett ($4.4 million, 2 bedrooms)
- Median home value: $542,200 (55% own)
- Median rent: $1,328 (45% rent)
- Median household income: $58,875
- Pictured: 125 Kenyon Farm Rd, Narragansett ($4.4 million, 2 bedrooms)
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#4. North Kingstown
- Population: 26,235
- Median home value: $350,400 (76% own)
- Median rent: $1,027 (24% rent)
- Median household income: $91,796
- Pictured: 46 Pojac Point Rd, North Kingstown ($3.5 million, 5 bedrooms)
- Median home value: $350,400 (76% own)
- Median rent: $1,027 (24% rent)
- Median household income: $91,796
- Pictured: 46 Pojac Point Rd, North Kingstown ($3.5 million, 5 bedrooms)
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#3. Westerly
- Population: 22,544
- Median home value: $302,600 (64% own)
- Median rent: $1,044 (36% rent)
- Median household income: $70,784
- Pictured: 25 Avondale Rd, Westerly ($6.4 million, 4 bedrooms)
- Median home value: $302,600 (64% own)
- Median rent: $1,044 (36% rent)
- Median household income: $70,784
- Pictured: 25 Avondale Rd, Westerly ($6.4 million, 4 bedrooms)
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#2. Narragansett
- Population: 15,500
- Median home value: $444,300 (70% own)
- Median rent: $1,389 (30% rent)
- Median household income: $86,920
- Pictured: 518 Ocean Rd, Narragansett ($14.0 million, 5 bedrooms)
- Median home value: $444,300 (70% own)
- Median rent: $1,389 (30% rent)
- Median household income: $86,920
- Pictured: 518 Ocean Rd, Narragansett ($14.0 million, 5 bedrooms)
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#1. Jamestown
- Population: 5,494
- Median home value: $656,800 (83% own)
- Median rent: $1,660 (17% rent)
- Median household income: $111,110
- Pictured: 256 E Shore Rd, Jamestown ($7.0 million, 7 bedrooms)
- Median home value: $656,800 (83% own)
- Median rent: $1,660 (17% rent)
- Median household income: $111,110
- Pictured: 256 E Shore Rd, Jamestown ($7.0 million, 7 bedrooms)
