Living in New Shoreham, Rhode Island
Cost of living, income, home prices, rent and demographics of New Shoreham · Census data 2020–2024
New Shoreham has 777 residents with a median age of 56.8. The median household income is $83,190 (5% lower than the Rhode Island median), the median home value is $1,301,100.
New Shoreham is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Shoreham at a glance
- Population
- 777
- Median age
- 56.8State: 40.6
- Median household income
- $83,190State: $87,796
- Median home value
- $1,301,100State: $404,200
- Homeowners
- 81.3%
- Bachelor's degree or higher
- 67.6%
- Average commute
- 8 min
Is New Shoreham a good place to live?
Pros: An average commute of 8 minutes; a poverty rate of 9.4%.
Cons: Median household income 5% lower than the Rhode Island median; home values 222% higher than the state median; unemployment of 9.9%.
The weather is best in June to September.
Cost of living in New Shoreham
Housing is the biggest part of the cost of living. In New Shoreham the median home value is $1,301,100, 291% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,516 a month in housing costs.
New Shoreham median household income
The median household income in New Shoreham is $83,190 and the income per person is $58,888. 9.4% of residents live below the poverty line (Rhode Island: 11.2%).
Housing in New Shoreham: homes for sale and rent
- Housing units
- 1,989
- Owner-occupied
- 81.3%
- Renter-occupied
- 18.7%
- Vacant
- 79.3%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 1.80
79.3% of homes are vacant most of the year, a sign that New Shoreham has many vacation and second homes.
New Shoreham demographics
- Population
- 777
- Median age
- 56.8
- Under 18
- 2.2%
- 65 and older
- 42%
- Households
- 412
- Foreign-born
- 2.4%
- Veterans
- 8.9%Adults 18+
Hispanic or Latino can be of any race. Population history of New Shoreham ›
Education in New Shoreham
67.6% of adults 25 and older in New Shoreham have a bachelor's degree or higher (Rhode Island: 37.7%), and 19.7% have a graduate or professional degree.
Jobs and commute in New Shoreham
- Unemployment rate
- 9.9%State: 5.8%
- Average commute
- 8 minState: 26 min
- Work from home
- 12.4%
- Drive alone
- 42.1%
- Public transit
- 0%
- Walk to work
- 45.5%
- Homes with broadband
- 93.9%
New Shoreham vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Shoreham | 777 | $83,190 | $1,301,100 | — |
| Quonochontaug | 610 | $86,071 | $1,043,900 | — |
| Charlestown | 8,051 | $109,404 | $525,500 | $1,374 |
| Weekapaug | 541 | $137,917 | $1,252,700 | — |
| Narragansett | 14,494 | $95,721 | $743,500 | $1,712 |
| Westerly | 23,333 | $98,875 | $466,600 | $1,257 |
| South Kingstown | 32,073 | $108,960 | $560,200 | $1,368 |
| Misquamicut | 348 | $109,643 | $815,900 | — |
| Watch Hill | 203 | $168,750 | $2,000,001 | — |
More for people moving to New Shoreham
New Shoreham ZIP code ›Weather and climate ›Living in New Shoreham: FAQ
What is the median household income in New Shoreham, RI?
The median household income in New Shoreham is $83,190, 5% lower 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 New Shoreham?
The median home value in New Shoreham is $1,301,100, compared with $404,200 in Rhode Island.
Is New Shoreham, RI a good place to live?
Pluses: an average commute of 8 minutes; a poverty rate of 9.4%. Minuses: median household income 5% lower than the Rhode Island median; home values 222% higher than the state median; unemployment of 9.9%.
What is the median age in New Shoreham?
The median age in New Shoreham is 56.8 years (Rhode Island: 40.6).
How long is the commute in New Shoreham?
The average commute to work in New Shoreham is 8 minutes; 12.4% of workers work from home.
What is the unemployment rate in New Shoreham?
The unemployment rate in New Shoreham is 9.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Shoreham?
67.6% of adults in New Shoreham 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.
Last updated: