Living in Carolina, Rhode Island
Cost of living, income, home prices, rent and demographics of Carolina · Census data 2020–2024
Carolina has 1,048 residents with a median age of 41.9. The median household income is $140,196 (60% higher than the Rhode Island median), the median home value is $396,400.
Carolina is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Carolina at a glance
- Population
- 1,048
- Median age
- 41.9State: 40.6
- Median household income
- $140,196State: $87,796
- Median home value
- $396,400State: $404,200
- Homeowners
- 92%
- Bachelor's degree or higher
- 43.4%
- Average commute
- 55 min
Is Carolina a good place to live?
Pros: Median household income 60% higher than the Rhode Island median; home values about the same as the state median; unemployment of 1.7%; a poverty rate of 5.6%.
Cons: An average commute of 55 minutes.
The weather is best in June to September.
Cost of living in Carolina
Housing is the biggest part of the cost of living. In Carolina the median home value is $396,400, 19% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,025 a month in housing costs.
Carolina median household income
The median household income in Carolina is $140,196 and the income per person is $46,812. 5.6% of residents live below the poverty line (Rhode Island: 11.2%).
Housing in Carolina: homes for sale and rent
- Housing units
- 312
- Owner-occupied
- 92%
- Renter-occupied
- 8%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 3.36
Carolina demographics
- Population
- 1,048
- Median age
- 41.9
- Under 18
- 32.3%
- 65 and older
- 17%
- Households
- 312
- Foreign-born
- 0%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Carolina ›
Education in Carolina
43.4% of adults 25 and older in Carolina have a bachelor's degree or higher (Rhode Island: 37.7%), and 14.2% have a graduate or professional degree.
Jobs and commute in Carolina
- Unemployment rate
- 1.7%State: 5.8%
- Average commute
- 55 minState: 26 min
- Work from home
- 4.1%
- Drive alone
- 82.2%
- Public transit
- 13.7%
- Walk to work
- 0%
- Homes with broadband
- 100%
Carolina vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Carolina | 1,048 | $140,196 | $396,400 | — |
| Richmond | 8,142 | $124,653 | $435,800 | $1,580 |
| Hope Valley | 2,297 | $101,932 | $447,500 | — |
| Hopkinton | 8,420 | $97,172 | $404,300 | $1,040 |
| Charlestown | 8,051 | $109,404 | $525,500 | $1,374 |
| South Kingstown | 32,073 | $108,960 | $560,200 | $1,368 |
| Kingston | 7,332 | $107,404 | $553,400 | — |
| Ashaway | 1,722 | $103,707 | $343,600 | $1,604 |
| Bradford | 1,511 | $120,250 | $418,100 | — |
More for people moving to Carolina
Carolina ZIP code ›Weather and climate ›Living in Carolina: FAQ
What is the median household income in Carolina, RI?
The median household income in Carolina is $140,196, 60% higher than the Rhode Island median of $87,796 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Carolina?
The median home value in Carolina is $396,400, compared with $404,200 in Rhode Island.
Is Carolina, RI a good place to live?
Pluses: median household income 60% higher than the Rhode Island median; home values about the same as the state median; unemployment of 1.7%; a poverty rate of 5.6%. Minuses: an average commute of 55 minutes.
What is the median age in Carolina?
The median age in Carolina is 41.9 years (Rhode Island: 40.6).
How long is the commute in Carolina?
The average commute to work in Carolina is 55 minutes; 4.1% of workers work from home.
What is the unemployment rate in Carolina?
The unemployment rate in Carolina is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Carolina?
43.4% of adults in Carolina have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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