Real Estate Prices and Overview
Median real estate prices in the City Center of Warwick are $200,860, which is more expensive than 42.2% of the neighborhoods
in Rhode Island and 61.4% of the
neighborhoods in the U.S.
Average rental prices in Warwick City Center are currently
$622, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 90.4% of Rhode Island neighborhoods.
Warwick City Center is a suburban neighborhood (based on population
density) located in Warwick, Rhode Island. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the City Center of Warwick, RI is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Warwick City Center are 5.5%,
which is lower than one will find in 73.4% of American
neighborhoods. Demand for real estate in Warwick City Center
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Real Estate
Warwick City Center is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
Notable & Unique: Diversity
Did you know that the Warwick City Center neighborhood has more
Portuguese and French Canadian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.1% of
this neighborhood's residents have Portuguese ancestry and 3.9% have French Canadian ancestry.
The Neighbors: Income
There are two complimentary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the City Center neighborhood in Warwick are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 70.2% of the neighborhoods in America.
In addition, 11.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 60.0%
of America's neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Warwick City Center neighborhood, 36.4%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 33.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(17.3%), and 12.9% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the City Center neighborhood in Warwick, RI, residents
most commonly identify their ethnicity or ancestry as Italian
(19.0%). There are also a number of people of Irish ancestry (18.8%) , and residents who report English roots (11.2%) , and some of the residents are also of Portuguese ancestry (7.1%) , along with some French ancestry residents (6.8%), among others.
The Neighbors: Languages
The most common language spoken in the Warwick City Center
neighborhood is English, spoken by 93.8% of households. Some people also speak Spanish (2.6%).
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in Warwick City Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (37.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (93.1%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.