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Washington County, RI

RANK #183 / 1001 NAT  ·  POP 130,344

1YR FORECAST: +2.7%

5YR OUTLOOK: +34%

Our model projects Washington County's housing market to grow +2.7% over the next year, significantly outpacing the national average.

[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.

MARKET PROFILE

Idiosyncratic Markets

Washington County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +5.7% YoY, population +0.2%, wages +4.4%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
17.1x

Overvalued relative to economy

Home Prices
+5.7%

Outpacing national median

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 17.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Electric Boat Company Military
    2,500+
  2. 2
    University of Rhode Island Education
  3. 3
    Toray Plastics (America), Inc. Manufacturing
    1,000+
  4. 4
    Schneider Electric IT America Corp. Manufacturing
  5. 5
    Amgen, Inc. Healthcare
  6. 6
    South County Health Healthcare
    500+
  7. 7
    Washington County School Districts Education
  8. 8
    Ocean House Hospitality
  9. 9
    General Dynamics NASSCO - Rhode Island Military
    250+
  10. 10
    Kenyon Industries Manufacturing

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

[04] Home Value Growth vs National

Washington County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
130,344
+0.21% YoY
Median Household Income
$106,638
Median Home Value
$510,800
+5.71% 12mo
Median Rent
$1,327
Average Annual Pay
$65,461
+4.4% YoY
Employment
59,635
+0.8% YoY
Income-to-Home-Value
0.2088
Near national average
Migration Inflow
2.53%
of pop. from another state
Bachelor's Degree+
52.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$635,000
Days on Market
28
Active market
Months of Supply
2.5
Seller's market
Sale-to-List Ratio
100.1%
Homes selling above asking
Sold Above List
39.5%
Listings w/ Price Drops
12.6%
Building Permits (2025)
255
Single-Family Permits
231

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

[05] Crime & Safety

B+
SAFETY
GRADE
Firearm Fatalities
5.8
per 100K · nat avg 14.8
Injury Deaths
86.5
per 100K · nat avg 76.3
vs National Average
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
37.3
Good
Good Air Days
85%
906 of 1,069 days
Unhealthy+ Days (3yr)
16
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
36
2022
36
2023
40
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] Score Breakdown

Population Growth +0.2% 31 percentile
Income Growth +4.1% 79 percentile
Vacancy Rate 0.7% 80 percentile
Home Price Change +5.7% 91 percentile
Rent Growth +6.7% 90 percentile
Price/Rent 16x 38 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Washington County ranks #183 out of 1001 U.S. counties on the Boom Town Index with a score of 82/100, putting it in the top tier nationally. Job growth of +0.8% and a median household income of $106,638 point to a county with active economic momentum.

Is Washington County affordable?

Washington County leans toward the expensive side. A median home value of $510,800 against an income-to-home-value ratio of 0.21 means housing eats a bigger share of local earnings than the national norm. Renters face $1,327/month on average.

Is Washington County growing or shrinking?

Population and employment in Washington County are both close to flat — population +0.2% YoY and jobs +0.8%. Home values shifted +5.7% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Washington County?

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

How is the housing market in Washington County?

Home values climbed +5.7% year-over-year, which is a solid pace of appreciation. The median home in Washington County is now valued at $510,800. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

Newport County, RI 88 Kent County, RI 70 Providence County, RI 51 Bristol County, RI 19 Fayette County, PA 82 Sheboygan County, WI 82 Lycoming County, PA 82 Miami County, OH 82