Living in Foster, Rhode Island
Cost of living, income, home prices, rent and demographics of Foster · Census data 2020–2024
Foster has 4,523 residents with a median age of 47.1. The median household income is $113,646 (29% higher than the Rhode Island median), the median home value is $425,300, the median rent is $1,509/month.
Foster at a glance
- Population
- 4,523
- Median age
- 47.1State: 40.6
- Median household income
- $113,646State: $87,796
- Median home value
- $425,300State: $404,200
- Median rent
- $1,509/moState: $1,342
- Homeowners
- 91.4%
- Bachelor's degree or higher
- 36.9%
- Average commute
- 33 min
Is Foster a good place to live?
Pros: Median household income 29% higher than the Rhode Island median; unemployment of 2.1%; a poverty rate of 4.7%.
Cons: Home values 5% higher than the state median; an average commute of 33 minutes.
The weather is best in June to September.
Cost of living in Foster
Housing is the biggest part of the cost of living. In Foster the median home value is $425,300, 28% higher than the U.S. median. Renters pay a median of $1,509 per month, which is 37.4% of household income. Homeowners with a mortgage pay $2,512 a month in housing costs.
Foster median household income
The median household income in Foster is $113,646 and the income per person is $46,054. 4.7% of residents live below the poverty line (Rhode Island: 11.2%).
Housing in Foster: homes for sale and rent
- Housing units
- 1,579
- Owner-occupied
- 91.4%
- Renter-occupied
- 8.6%
- Vacant
- 4.8%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 3.00
Foster demographics
- Population
- 4,523
- Median age
- 47.1
- Under 18
- 18.7%
- 65 and older
- 18.5%
- Households
- 1,503
- Foreign-born
- 2.4%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Foster ›
Education in Foster
36.9% of adults 25 and older in Foster have a bachelor's degree or higher (Rhode Island: 37.7%), and 17.5% have a graduate or professional degree.
Jobs and commute in Foster
- Unemployment rate
- 2.1%State: 5.8%
- Average commute
- 33 minState: 26 min
- Work from home
- 17.7%
- Drive alone
- 75.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.5%
Foster vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Foster | 4,523 | $113,646 | $425,300 | $1,509 |
| Foster Center | 358 | $78,026 | $437,000 | $1,507 |
| Clayville | 296 | $125,174 | $390,000 | — |
| Scituate | 10,517 | $112,315 | $449,300 | $1,489 |
| Greene | 962 | $129,583 | $424,000 | — |
| Killingly | 17,867 | $84,350 | $288,600 | $1,044 |
| Coventry | 35,907 | $102,946 | $356,200 | $1,206 |
| Sterling | 3,629 | $102,695 | $283,400 | — |
| Glocester | 10,221 | $113,508 | $396,500 | $1,417 |
More for people moving to Foster
Foster ZIP code ›Weather and climate ›Living in Foster: FAQ
What is the median household income in Foster, RI?
The median household income in Foster is $113,646, 29% 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 Foster?
The median home value in Foster is $425,300, compared with $404,200 in Rhode Island.
How much is rent in Foster?
The median gross rent in Foster is $1,509 per month, about 37.4% of household income.
Is Foster, RI a good place to live?
Pluses: median household income 29% higher than the Rhode Island median; unemployment of 2.1%; a poverty rate of 4.7%. Minuses: home values 5% higher than the state median; an average commute of 33 minutes.
What is the median age in Foster?
The median age in Foster is 47.1 years (Rhode Island: 40.6).
How long is the commute in Foster?
The average commute to work in Foster is 33 minutes; 17.7% of workers work from home.
What is the unemployment rate in Foster?
The unemployment rate in Foster is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Foster?
36.9% of adults in Foster 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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