Living in Exeter, Rhode Island

Cost of living, income, home prices, rent and demographics of Exeter · Census data 2020–2024

Exeter has 7,195 residents with a median age of 37.7. The median household income is $111,250 (27% higher than the Rhode Island median), the median home value is $509,200, the median rent is $1,317/month.

Exeter at a glance

Population
7,195
Median age
37.7State: 40.6
Median household income
$111,250State: $87,796
Median home value
$509,200State: $404,200
Median rent
$1,317/moState: $1,342
Homeowners
80.3%
Bachelor's degree or higher
46.1%
Average commute
22 min

Is Exeter a good place to live?

Pros: Median household income 27% higher than the Rhode Island median; an average commute of 22 minutes; unemployment of 1%.

Cons: Home values 26% higher than the state median; a poverty rate of 12.8%.

The weather is best in June to September.

Cost of living in Exeter

Housing is the biggest part of the cost of living. In Exeter the median home value is $509,200, 53% higher than the U.S. median. Renters pay a median of $1,317 per month, which is 49.3% of household income. Homeowners with a mortgage pay $2,289 a month in housing costs.

Median home value

Exeter$509,200
Rhode Island$404,200
United States$332,700

Median monthly rent

Exeter$1,317
Rhode Island$1,342
United States$1,413

Exeter median household income

The median household income in Exeter is $111,250 and the income per person is $47,201. 12.8% of residents live below the poverty line (Rhode Island: 11.2%).

Median household income

Exeter$111,250
Rhode Island$87,796
United States$80,734

Housing in Exeter: homes for sale and rent

Housing units
2,528
Owner-occupied
80.3%
Renter-occupied
19.7%
Vacant
4.4%Includes seasonal homes
Median year built
1987
Average household size
2.80

Exeter demographics

Population
7,195
Median age
37.7
Under 18
19.7%
65 and older
18.2%
Households
2,416
Foreign-born
7.6%
Veterans
7.2%Adults 18+

Race and ethnicity

White84.9%
Hispanic or Latino6.7%
Black2.1%
Asian0.6%

Hispanic or Latino can be of any race. Population history of Exeter ›

Education in Exeter

46.1% of adults 25 and older in Exeter have a bachelor's degree or higher (Rhode Island: 37.7%), and 19.5% have a graduate or professional degree.

Bachelor's degree or higher

Exeter46.1%
Rhode Island37.7%
United States35.7%

Jobs and commute in Exeter

Unemployment rate
1%State: 5.8%
Average commute
22 minState: 26 min
Work from home
17.2%
Drive alone
76.6%
Public transit
0%
Walk to work
2.8%
Homes with broadband
96%

Exeter vs nearby towns

TownPopulationMedian incomeHome valueRent
Exeter7,195$111,250$509,200$1,317
West Greenwich6,647$135,625$535,400$2,414
Richmond8,142$124,653$435,800$1,580
Hope Valley2,297$101,932$447,500—
Carolina1,048$140,196$396,400—
East Greenwich14,554$177,090$671,700$1,276
Kingston7,332$107,404$553,400—
Coventry35,907$102,946$356,200$1,206
Hopkinton8,420$97,172$404,300$1,040

More for people moving to Exeter

Exeter ZIP code ›Weather and climate ›

Living in Exeter: FAQ

What is the median household income in Exeter, RI?

The median household income in Exeter is $111,250, 27% 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 Exeter?

The median home value in Exeter is $509,200, compared with $404,200 in Rhode Island.

How much is rent in Exeter?

The median gross rent in Exeter is $1,317 per month, about 49.3% of household income.

Is Exeter, RI a good place to live?

Pluses: median household income 27% higher than the Rhode Island median; an average commute of 22 minutes; unemployment of 1%. Minuses: home values 26% higher than the state median; a poverty rate of 12.8%.

What is the median age in Exeter?

The median age in Exeter is 37.7 years (Rhode Island: 40.6).

How long is the commute in Exeter?

The average commute to work in Exeter is 22 minutes; 17.2% of workers work from home.

What is the unemployment rate in Exeter?

The unemployment rate in Exeter is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Exeter?

46.1% of adults in Exeter 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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