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RI area data

Richmond, RI

Aggregated across 4 ZIP codes in Richmond.

Population: 14,157 (Census ACS)

The typical home value in Richmond, RI is $534,162 — up 3.7% over the past year. Homes sell for a median $612,488 after a median 27 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coastal flooding, hurricane, ice storm the top-rated hazards. Cost of living is 2.3% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$534,162

Typical home value

+3.7%

1-year change

27

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$534,162
1-year appreciation
+3.7%
3-year appreciation
+14.4%
5-year appreciation
+31.2%
10-year appreciation
+97.1%
Peak value since 2000 (Aug 2026)
$534,162
House Price Index (state)
447.4 (+4.6% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$612,488
Median list price
$566,700
Median price per sqft
$290
1-year sale-price change
+21.0%
Median days on market
27 days
Homes sold (recent period)
47
For-sale inventory
34
Sale-to-list ratio
101.0%
Active listings
33
1-year forecast
+2.7%
New listings (monthly)
16

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,415/mo
1BR fair-market rent
$1,482/mo
2BR fair-market rent
$1,867/mo
3BR fair-market rent
$2,308/mo
4BR fair-market rent
$2,651/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
102.3 (100 = US avg)
Electricity rate (state-level)
29.5¢/kWh
Natural gas rate (state-level)
$21.70/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
3
Middle schools
0
High schools
0
Avg student-teacher ratio
15.7 : 1
School districts serving the area
Chariho, South Kingstown
Schools include
Hope Valley Elementary School, West Kingston School, Richmond Elementary School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
coastal flooding, hurricane, ice storm, inland flooding, lightning
Notable hazard ratings (county)
ice storm: Relatively Moderate · hurricane: Relatively Moderate · lightning: Relatively Moderate · inland flooding: Relatively Moderate · coastal flooding: Relatively Moderate · drought: Relatively Low
Most common flood zone among NFIP claims (varies by location)
Zone C
NFIP flood claims on record
31
Wildfire risk to homes (county)
Higher than 16% of US counties
Buildings in wildfire direct-exposure zone
46.5%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
West Kingston Town Dump/URI Disposal Area (3.1 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
45.0°F
Annual precipitation
48.4 in
Annual snowfall
15.0 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
302
Days with Moderate air quality
59
Highest AQI recorded (year)
129

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
8.1 / 20
Transit service frequency
-74,914
Jobs reachable by car (30 min)
17,819
Jobs reachable by transit (45 min)
19,272

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
4
Nearest national park
Touro Synagogue National Historic Site (15 mi)
National parks include
Touro Synagogue National Historic Site, Roger Williams National Memorial, Blackstone River Valley National Historical Park
Airports within 30 mi
22
Nearest airport
Richmond Airport (1 mi)
Nearest major airport
Westerly State Airport (WST) (12 mi)
Hospitals in or near a typical ZIP here
29
Hospitals include
DAY KIMBALL HOSPITAL, LAWRENCE & MEMORIAL HOSPITAL, JOHNSON MEMORIAL HOSPITAL
Avg hospital rating (CMS)
3.2 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-46 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1987
Housing built before 1970
23.5%
Housing built 2000 or later
25.4%
Median annual property tax
$6,198
Mean commute to work
27 min
Households with broadband internet
88.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
51,344
Average weekly wage
$1,220
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
255

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

RichmondState medianUS median
Typical home value$534,162$513,245$288,527
Median sale price$612,488$551,000$325,000
Median days on market27 days34 days51 days
Median annual property tax$6,198$4,962$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Richmond, RI?
$534,162.
What is the median sale price in Richmond, RI?
$612,488.
How long do homes take to sell in Richmond, RI?
Median days on market: 27 days.
What is typical rent in Richmond, RI?
2-bedroom fair-market rent: $1,867/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Richmond, RI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coastal flooding, hurricane, ice storm, inland flooding, lightning.
Is Richmond, RI in a flood zone?
Flood zones vary by property across the city. 31 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is C. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Richmond, RI?
Risk to homes is higher than 16% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Richmond, RI?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Richmond, RI?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: West Kingston Town Dump/URI Disposal Area, 3.1 mi.
How many schools serve Richmond, RI?
3 schools (3 elementary) (NCES, 2024-25).
Is Richmond, RI walkable?
Walkability index: 8.1/20 (EPA Smart Location Database).
What is the air quality in Richmond, RI?
Good. Median AQI: 37. (EPA AQI).
What is the cost of living in Richmond, RI?
Regional Price Parity: 102.3 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP codes in Richmond

Listing a home in Richmond, RI?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents