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Bristol County, RI

RANK #804 / 996 NAT  ·  POP 50,658

1YR FORECAST: -0.0%

5YR OUTLOOK: +16%

#38 Most Overvalued
Our model projects Bristol County's housing market at -0.0% over the next year, underperforming most U.S. counties.

[01] Why Bristol County?

Bristol County, Rhode Island, is perhaps best known for the town of Bristol's annual Fourth of July Celebration, the oldest continuous observance in the United States, dating back to 1785. Located on a peninsula between Narragansett Bay and Mount Hope Bay, the county offers a coastal New England feel. It is approximately 18 miles southeast of Providence and 65 miles south of Boston, with commute options including bus service and a seasonal ferry to Providence and Newport. Outdoor recreation is a significant draw, with Colt State Park providing 464 acres of waterfront access, paved bike paths, and open fields for various activities. The East Bay Bike Path also stretches 14.5 miles from Bristol to Providence, offering scenic views.

Life in Bristol County often appeals to families and retirees, with a strong sense of community. The public schools in towns like Barrington are highly rated. The economy is largely driven by marine industries, including boat building, manufacturing, and tourism, benefiting from its deep-water seaport heritage. Roger Williams University also contributes to the local economy and cultural landscape. Recent economic development initiatives have focused on strengthening the "blue economy" sector, with investments in areas like Unity Park in Bristol, which features companies in electric outboard motors and amphibious boats.

[02] Market Snapshot

Housing Ratio
10.8x

Overvalued relative to economy

GDP Growth
+7.0%

Well above national median

Home Prices
-0.1%

Prices declining

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks overvalued at 10.8x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Lifespan Health System (various locations including Bristol County) Healthcare
    10,000+
  2. 2
    CVS Health (various locations including Bristol County) Retail
    5,000+
  3. 3
    Care New England Health System (various locations including Bristol County) Healthcare
  4. 4
    Roger Williams University Education
    500+
  5. 5
    Stop & Shop Supermarket Retail
  6. 6
    Walgreens Retail
  7. 7
    Dunkin' Hospitality
  8. 8
    American Cruise Lines Hospitality
  9. 9
    Newport Hotel Group Hospitality
  10. 10
    James L. Maher Center Other

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Bristol County U.S. National

The Numbers

DEMOGRAPHICS
Population
50,658
-0.03% YoY
Median Household Income
$105,875
Median Home Value
$443,700
-0.11% 12mo
Median Rent
$1,264
Average Annual Pay
$58,617
+3.9% YoY
Employment
15,186
+2.8% YoY
Income-to-Home-Value
0.2386
Near national average
Migration Inflow
2.53%
of pop. from another state
Bachelor's Degree+
51.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$555,000
Days on Market
19
Very hot — homes selling fast
Months of Supply
3.4
Balanced market
Sale-to-List Ratio
100.1%
Homes selling above asking
Sold Above List
42.9%
Listings w/ Price Drops
12.5%
Building Permits (2024)
25
Single-Family Permits
25

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

[05] Capital Investment

$50M
TOTAL
PROJECT AMOUNT STATUS
Water Pollution Control Facility Upgrades
Town of Bristol
$50M Under Construction

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

[06] Score Breakdown

GDP Growth +7.0% 94 percentile
Population Growth -0.0% 28 percentile
Income Growth +11.3% 92 percentile
Vacancy Rate 0.8% 70 percentile
Home Price Change -0.1% 29 percentile
Rent Growth +3.3% 57 percentile
Price/Rent 16x 26 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

The data is not encouraging — Bristol County scores just 19/100 on the Boom Town Index, ranking #804 of 996 counties. Job growth at +2.8% and median household income of $105,875 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Bristol County affordable?

Bristol County leans toward the expensive side. A median home value of $443,700 against an income-to-home-value ratio of 0.24 means housing eats a bigger share of local earnings than the national norm. Renters face $1,264/month on average.

Is Bristol County growing or shrinking?

Employers in Bristol County are hiring — job growth of +2.8% — but the population is close to flat (-0.0% YoY). Home values moved -0.1% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Bristol County?

There's a moderate stream of newcomers. About 2.53% of residents moved from another state, which is above average and suggests Bristol County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[08] Similar Counties by Size & Score

Providence County, RI 39 Kent County, RI 49 Washington County, RI 62 Newport County, RI 63 Maverick County, TX 19 Carbon County, PA 19 Polk County, TX 18 Tuolumne County, CA 20